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

2026-10-07 10:00:20 am | Source: jainam

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

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Nifty

Nifty opened with an upward gap and remained in positive terrain throughout the day . Nifty closed at 22776 with a gain of 220 points . On the daily chart the index has formed a long Bullish candle forming higher High - Low formation compared to previous session indicates positive bias . The chart pattern suggests that if Nifty breaks and sustains below 22650 level it would witness selling which would lead the index towards 22580 - 22500 levels . However, if index crosses above 22780 level it would witness pullback rally which would take the index towards 22850 - 22900 .

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

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