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

2025-12-02 09:55:59 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 26176 withalossof27points. On the daily chart index has formed a small bearish candle representing resistance at higher levels. The chart pattern suggeststhatifNifty crosses and sustains above 26250 level it would witness buying which would lead the index towards 26300-26350 levels. ImportantSupports for the day is around 26120 However if index sustains below 26120 then it may witness profit booking which wouldtaketheindextowards 26050-26000 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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