Nifty opened with an upward gap but witnessed selling from the opening tick to end near the day`s low

2025-10-01 09:11:19 am | Source: Jainam Share Consultants

Nifty opened with an upward gap but witnessed selling from the opening tick to end near the day`s low - Jainam Share Consultants

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Nifty

Nifty opened with an upward gap but witnessed selling from the opening tick to end near the day's low. Nifty closed at 24611 withalossof24points. On the daily chart index has formed a small bearish candle forming lower High-Low compare to previous session and has closedbelowprevious session's low indicating negative bias. The chart pattern suggests that if Nifty breaks and sustains below 24580 level it wouldwitnessselling which would lead the index towards 24500-24450 levels. However, if index crosses above 24732 level it would witness pullbackrallywhich would take the index towards 24790-24860.

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Nifty opened with an upward gap but witnessed selling from the opening tick to end near the day`s low - Jainam Share Consultants

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