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

2025-07-23 09:34:12 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

News By Tags | #Sensex #MarketOutlook #Nifty #BankNifty #JainamShareConsultants

NIFTY TECHNICAL VIEW

Nifty opened with an upward gap but witnessed selling from the opening tick to end near the day's low. Nifty closed at 25061 withalossof30points. On the daily chart index has formed a small bearish candle representing resistance at higher levels. The chart pattern suggeststhatifNifty breaks and sustains below 25030 level it would witness selling which would lead the index towards 24900-24850 levels. However, if indexcrosses above 25200 level it would witness pullback rally which would take the index towards 25250-25300.

Please refer disclaimer at https://jainam.in/
SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785

To Read The Complete Report & Disclaimer - Click Here

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

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

Top News

Tag News

More News