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

2025-03-19 09:29:15 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 TECHNICAL VIEW

Nifty opened with an upward gap and remained in positive terrain throughout the day. Nifty closed at 22834 with a gain of 326 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 22850 level it would witness buying which would lead the index towards 22900-23000 levels. Important Supports for the day is around 22700 However if index sustains below 22700 then it may witness profit booking which would take the index towards 22600-22550 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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