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

2026-09-17 09:18:39 am | Source: jainam

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

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Nifty

Nifty opened with an upward gap and remained lackluster within narrow trading range throughout the day . Nifty closed at 23218 with a gain of 99 points . On the daily chart the index has formed a Doji candlestick formation indicating indecisiveness amongst market participants regarding the direction . The chart pattern suggests that if Nifty breaks and sustains below 23100 level it would witness selling which would lead the index towards 23000 - 22900 levels . However, if index crosses above 23300 level it would witness pullback rally which would take the index towards 23400 - 23460 .

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

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