Nifty Opens Flat, Selling Pushes Index Into the Red

2026-03-12 09:32:52 am | Source: Jainam Share Consultants

Nifty Opens Flat, Selling Pushes Index Into the Red - Jainam Share Consultants

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Nifty

Nifty opened on a flat note but selling led the index downwards to end in red. Nifty closed at 23867 with a loss of 395 points. Onthedailychartthe index has formed a long Bearish candle forming lower High-Low compare to previous session indicating negative bias. The chart patternsuggests that if Nifty breaks and sustains below 23830 level it would witness selling which would lead the index towards 23750-23700levels.However, if index crosses above 24000 level it would witness pullback rally which would take the index towards

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Nifty Opens Flat, Selling Pushes Index Into the Red - Jainam Share Consultants

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