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 26194 with a gain of 141 points. Onthedaily chart the index has formed a Bullish candle carrying either side shadows indicating extreme volatility. The chart pattern suggeststhatifNifty crosses and sustains above 26200 level it would witness buying which would lead the index towards 26250-26300 levels. ImportantSupports for the day is around 26100 However if index sustains below 26100 then it may witness profit booking which wouldtaketheindextowards 2600-25900 levels.

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