Nifty50 opened on a negative note and remained very volatile on both sides during the session - Jainam Share Consultants
Nifty
Nifty50 opened on a negative note and remained very volatile on both sides during the session. Last hour buying momentumledit tocloseonflat note . Nifty closed at 25963 with a loss of 3 points. On the daily chart the index has formed a "Doji" candlestick formationindicatingindecisiveness amongst market participants regarding the direction. The chart pattern suggests that if Nifty crosses and sustains above26006level it would witness buying which would lead the index towards 26100-26200 levels. Important Supports for the day is around 25820Howeverif index sustains below 25820 then it may witness profit booking which would take the index towards 25670-25600 levels.
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
