Nifty opened with an upward gap and remained lackluster within narrow trading range 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 lackluster within narrow trading range throughout the day. Nifty closed at 22201 with a loss of 17 points. On the daily chart the index has formed a small Bearish candle with shadows on either side indicating indecisiveness amongst participants regarding the direction. The chart pattern suggests that if Nifty breaks and sustains below 22150 level it would witness selling which would lead the index towards 22050-22000 levels. However if index crosses above 22300 level it would witness pullback rally which would take the index towards 22350-22400.
Please refer disclaimer at https://jainam.in/
SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
Tag News
Market Quote : FII-triggered selling pressure continued to impact the domestic market Says V...
More News
Quote on Market Wrap Up by Shrikant Chouhan, Head Equity Research, Kotak Securities
