Nifty opened with an upward gap and remained in positive terrain throughout the day - Jainam Share Consultants
Nifty
Nifty opened with an upward gap and remained in positive terrain throughout the day. Nifty closed at 25876 with a gain of 181 points. Onthedaily chart the index has formed a small Bullish candle with shadows on either side indicating indecisiveness amongst participants regardingthedirection. The chart pattern suggests that if Nifty crosses and sustains above 25935 level it would witness buying which wouldleadtheindextowards 26000-26100 levels. Important Supports for the day is around 25780 However if index sustains below 25780 then it may witnessprofitbooking which would take the index towards 25700-25600 levels.
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
