Nifty opened with an upward gap and witnessed selling for most part of the session - 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 witnessed selling for most part of the session. However last hour pullback action pulled index higher to close on positive note.. Nifty closed at 21711 with a gain of 52 points. On the daily chart the index has formed a Doji candlestick formation indicating indec isi veness among st ma r ket participants regarding the direction. The chart pattern suggests that if Nifty crosses and sustains above 21750 level it would witness buying which would lead the index towards 21800-21850 levels. Important Supports for the day is around 21600 However if index sustains below 21600 then it may witness profit booking which would take the index towards 21550-21500 levels
Please refer disclaimer at https://jainam.in/
SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
