28-12-2023 09:27 AM | Source: Jainam Share Consultants
Nifty opened with an upward gap and remained in positive terrain throughout the day - Jainam Share Consultants

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Nifty

Nifty opened with an upward gap and remained in positive terrain throughout the day. Nifty closed at 21655 with a gain of 213 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 21680 level it would witness buying which would lead the index towards 21750- 21800 levels. Important Supports for the day is around 21550 However if index sustains below 21550 then it may witness profit booking which would take the index towards 21500-21400 levels

 

Please refer disclaimer at https://jainam.in/
SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785

To Read Complete Report & Disclaimer     Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer