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

2025-03-06 09:43:45 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

Nifty opened with an upward gap and remained in positive terrain throughout the day. Nifty closed at 22337 with a gain of 255 points. On the daily chart the index has formed a long Bullish candle forming higher High-Low formation indicating positive bias. The chart pattern suggests that if Nifty crosses and sustains above 22400 level it would witness buying which would lead the index towards 22500-22630 levels. ImportantSupports for the day is around 22200 However if index sustains below 22200 then it may witness profit booking which would take the index towards 22100-22000 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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