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 25867withagainof174 points. On the daily chart the index has formed a Bearish candle with long lower shadow indicating buying support at lower levels. Thechart pattern suggests that if Nifty crosses and sustains above 25920 level it would witness buying which would lead the index towards26000-26100 levels. Important Supports for the day is around 25780 However if index sustains below 25780 then it may witness profit bookingwhichwould take the index towards 25700-25600 levels

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