Nifty opened with an upward gap and remained lackluster within narrow trading range throughout the day - Jainam Share Consultants
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Nifty
Nifty opened with an upward gap and remained lackluster within narrow trading range throughout the day. Nifty closed at 19812 with a gain of 80 points. On the daily chart index has fo rme d a sma l l b e a ris h c a n d l e representing resistance at higher levels. The chart pattern suggests that if Nifty crosses and sustains above 19850 level it would witness buying which would lead the index towards 19900-20000 levels. Important Supports for the day is around 19770 However if index sustains below 19770 then it may witness profit booking which would take the index towards 19700-19600 levels
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