Nifty rose early but late selling dragged it to day�s low close

2026-03-23 10:03:47 am | Source: Jainam Share Consultants

Nifty rose early but late selling dragged it to day�s low close - Jainam Share Consultants

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Nifty

Nifty opened on a positive note and witnessed buying momentum in the first half however selling in the second half led the indexlowertoclose near day's low. Nifty closed at 23115 with a gain of 112 points. On the daily chart the index has formed a Bullish candle withauppershadow indicating selling at higher levels. The chart pattern suggests that if Nifty breaks and sustains below 23060 level it wouldwitnesssellingwhich would lead the index towards 23000-22930 levels. However, if index crosses above 23200 level it would witness pullbackrallywhichwould take the index towards 23340-23500

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Nifty rose early but late selling dragged it to day�s low close - Jainam Share Consultants

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