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

2025-01-30 09:26:48 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 23175 with a gain of 218points. Thedaily price action has formed a sizable bullish candle forming higher High-Low formation compare to previous session indicating positivebias.The chart pattern suggests that if Nifty crosses and sustains above 23350 level it would witness buying which would lead the indextowards23300-23350 levels. Important Supports for the day is around 22850 However if index sustains below 22850 then it may witness profit bookingwhich would take the index towards 22800-22750 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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