Nifty opened with an upward gap and remained lackluster within narrow trading range throughout the day - Jainam Share Consultants
Nifty
Nifty opened with an upward gap and remained lackluster within narrow trading range throughout the day. Nifty closed at 23205withagainof50 points. On the daily chart the index has formed a small Bullish candle with shadows on either side indicating indecisiveness amongstparticipants regarding the direction. The chart pattern suggests that if Nifty breaks and sustains below 23090 level it would witnesssellingwhich would lead the index towards 23000-22990 levels. However if index crosses above 23270 level it would witness pullbackrallywhichwould take the index towards 23350-23430
Please refer disclaimer at https://jainam.in/
SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
Tag News
Daily Market Commentary : Nifty 50 Drops 180 pts as US Tariffs Hit Global Markets Says Mr. S...
