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

2025-08-22 10:57:16 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 25084 withagainof33points. On the daily chart index has formed a small bearish candle representing resistance at higher levels. The chart pattern suggeststhatifNifty crosses and sustains above 25150 level it would witness buying which would lead the index towards 25200-25250 levels. ImportantSupports for the day is around 25050 However if index sustains below 25050 then it may witness profit booking which wouldtaketheindextowards 24900-24850 levels.

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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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