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 25704withagainof133 points. On the daily chart the index has formed a Bullish candle carrying either side shadows indicating extreme volatility. Thechart patternsuggests that if Nifty crosses and sustains above 25800 level it would witness buying which would lead the index towards 25900-26000levels.Important Supports for the day is around 25550 However if index sustains below 25550 then it may witness profit booking whichwouldtakethe index towards 25450-25350 levels.

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