Nifty opened with an upward gap and remained in positive terrain throughout the day

2025-10-23 09:41:52 am | Source: Jainam Share Consultants

Nifty opened with an upward gap and remained in positive terrain throughout the day - Jainam Share Consultants

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Nifty opened with an upward gap and remained in positive terrain throughout the day. Nifty closed at 25843 with a gain of 133 points. Onthedaily chart the index has formed a Bullish candle with a upper shadow indicating selling at higher levels. The chart pattern suggests that if Niftycrosses and sustains above 25900 level it would witness buying which would lead the index towards 25950-26000 levels. Important Supportsforthe day is around 25780 However if index sustains below 25780 then it may witness profit booking which would take the index towards25700-25600 levels.

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Nifty opened with an upward gap and remained in positive terrain throughout the day - Jainam Share Consultants

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