Nifty opened with an upward gap and remained lackluster within narrow trading range throughout the day

2026-01-02 09:30:56 am | Source: Jainam Share Consultants

Nifty opened with an upward gap and remained lackluster within narrow trading range throughout the day - Jainam Share Consultants

News By Tags | #Sensex #MarketOutlook #Nifty #BankNifty #JainamShareConsultants

Nifty

Nifty opened with an upward gap and remained lackluster within narrow trading range throughout the day. Nifty closed at 26147withagainof17 points. On the daily chart the index has formed a small Bearish candle with shadows on either side indicating indecisiveness amongstparticipants regarding the direction. The chart pattern suggests that if Nifty crosses and sustains above 26200 level it would witnessbuyingwhich would lead the index towards 26250-26300 levels. Important Supports for the day is around 26100 However if index sustainsbelow26100 then it may witness profit booking which would take the index towards 26000-25900 levels.

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

To Read The Complete Report & Disclaimer - Click Here

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

Nifty opened with an upward gap and remained lackluster within narrow trading range throughout the day - Jainam Share Consultants

Top News

Tag News

More News