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Nifty closed at 23952 with a loss of 247 points - Jainam Share Consultants

Nifty Nifty opened with a downward gap and witnessed pullback rally at lower levels however selling pressure at higher levels dragged index to close in negative territory . Nifty closed at 23952 with a loss of 247 points. On the daily chart the index has formed a Bullish candle with a upper shadow indicating selling at higher levels. The chart pattern suggests that if Nifty breaks and sustains below 23900 level it would witness selling which would lead the index towards 23800-23700 levels....

Nifty closed at 23952 with a loss of 247 points - Jainam Share Consultants

Source: Jainam Share Consultants
2024-12-20 10:05:57 am

Nifty opened with downward gap and remained lackluster within narrow trading range throughout the day - Jainam Share Consultants

Nifty Nifty opened with downward gap and remained lackluster within narrow trading range throughout the day. Nifty closed at 24199 with a loss of 137 points. On the daily chart index has formed a bearish candle carrying both side shadows however it has continued to formlower High-Low formation indicating weakness. The chart pattern suggests that if Nifty crosses and sustains above 24400 level it would witness buying which would lead the index towards 24500-24650 levels. Important Supports ...

Nifty opened with downward gap and remained lackluster within narrow trading range throughout the day - Jainam Share Consultants

Source: Jainam Share Consultants
2024-12-19 09:26:54 am

Nifty opened with downward gap and selling pressure throughout the session dragged it lower to end near lowest point of the day - Jainam Share Consultants

Nifty Nifty opened with downward gap and selling pressure throughout the session dragged it lower to end near lowest point of the day . Nifty closed at 24336 with a loss of 332 points. On the daily chart the index has formed a long Bearish candle forming lower High-Low compare to previous session indicating negative bias. The chart pattern suggests that if Nifty crosses and sustains above 24400 level it would witness buying which would lead the index towards 24500-24650 levels. Important S...

Nifty opened with downward gap and selling pressure throughout the session dragged it lower to end near lowest point of the day - Jainam Share Consultants

Source: Jainam Share Consultants
2024-12-18 09:55:18 am

Nifty opened on a flat note but selling led the index downwards to end in red - Jainam Share Consultants

Nifty Nifty opened on a flat note but selling led the index downwards to end in red. Nifty closed at 24668 with a loss of 100 points. On the daily chart index has formed a bearish candle however it remained restricted within previous session's High-Low range indicating absence of strength on either side. The chart pattern suggests that if Nifty crosses and sustains above 24800 level it would witness buying which would lead the index towards 24860-24980 levels. Important Supports for t...

Nifty opened on a flat note but selling led the index downwards to end in red - Jainam Share Consultants

Source: Jainam Share Consultants
2024-12-17 09:50:15 am

Nifty opened with downward gap and extended its down move in initial hours making day low around 24180 - Jainam Share Consultants

Nifty Nifty opened with downward gap and extended its down move in initial hours making day low around 24180. However buying support at lowerlevels recovered most of the earlier losses to end on a positive note.. Nifty closed at 24768 with a gain of 220 points. On the daily chart the index has formed a strong Bullish candle carrying long lower shadow indicating buying support at lower levels. The chart pattern suggests that if Nifty crosses and sustains above 24800 level it would witness b...

Nifty opened with downward gap and extended its down move in initial hours making day low around 24180 - Jainam Share Consultants

Source: Jainam Share Consultants
2024-12-16 09:44:53 am

Nifty opened with a downward gap but traded positive in initial hour - Jainam Share Consultants

Nifty Nifty opened with a downward gap but traded positive in initial hour. However, profit booking throughout day erased most of theearliergainswhich led index to close on a negative note. Nifty closed at 24549 with a loss of 93 points. On the daily chart the index has formedasmallBearish candle with upper shadow indicating selling pressure as well as resistance at higher levels. The chart pattern suggests that if Niftycrosses and sustains above 24700 level it would witness buying which w...

Nifty opened with a downward gap but traded positive in initial hour - Jainam Share Consultants

Source: Jainam Share Consultants
2024-12-13 09:52:44 am

Nifty opened on a flat note and remained in a small range throughout the day - Jainam Share Consultants

Nifty Nifty opened on a flat note and remained in a small range throughout the day. Nifty closed at 24642 with a gain of 32 points. Onthedailychartthe index has formed a small Bullish candle with shadows on either side indicating indecisiveness amongst participants regarding thedirection.The chart pattern suggests that if Nifty crosses and sustains above 24700 level it would witness buying which would lead the indextowards24800-24850 levels. Important Supports for the day is around 24500 H...

Nifty opened on a flat note and remained in a small range throughout the day - Jainam Share Consultants

Source: Jainam Share Consultants
2024-12-12 09:56:17 am

Nifty opened on a flat note and witnessed selling pressure in the initial half of the day - Jainam Share Consultants

Nifty Nifty opened on a flat note and witnessed selling pressure in the initial half of the day. However later hour buying led index toendnearday'shigh.. Nifty closed at 24610 with a loss of 9 points. On the daily chart the index has formed a small Bearish candle with lower shadowindicatingbuying support at lower levels. The chart pattern suggests that if Nifty crosses and sustains above 24680 level it would witness buyingwhichwould lead the index towards 24800-24850 levels. Important ...

Nifty opened on a flat note and witnessed selling pressure in the initial half of the day - Jainam Share Consultants

Source: Jainam Share Consultants
2024-12-11 10:17:28 am

Nifty opened on a flat note and traded with negative bias throughout the session - Jainam Share Consultants

Nifty Nifty opened on a flat note and traded with negative bias throughout the session. Nifty closed at 24619 with a loss of 59 points. Onthedailychart the index has formed a small Bearish candle with shadows on either side indicating indecisiveness amongst participants regardingthedirection. The chart pattern suggests that if Nifty crosses and sustains above 24705 level it would witness buying which wouldleadtheindextowards 24800-24850 levels. Important Supports for the day is around 245...

Nifty opened on a flat note and traded with negative bias throughout the session - Jainam Share Consultants

Source: Jainam Share Consultants
2024-12-10 09:51:22 am

Nifty Nifty opened on a flat note and remained in a small range throughout the day. Nifty closed at 24678 with a loss of 31 points. OnthedailychartNifty has formed a small bearish candle and remained restricted within previous session's High-Low range indicating absence of directiononeither side. The chart pattern suggests that if Nifty crosses and sustains above 24750 level it would witness buying which wouldleadtheindextowards 24800-24850 levels. Important Supports for the day is aro...

Nifty opened on a flat note and remained in a small range throughout the day - Jainam Share Consultants

Source: Jainam Share Consultants
2024-12-09 09:48:30 am

Nifty opened on a positive note and traded with extreme volatility on either side to end on a flat note - Jainam Share Consultants

Nifty Nifty opened on a positive note and traded with extreme volatility on either side to end on a flat note. Nifty closed at 24708 with again of 241points. On the daily chart the index has formed a Bullish candle carrying eitherside shAdows indicating extreme volatility. The chart pattern suggests that if Nifty crosses and sustains above 24750 level it would witness buying which would lead the index towards 24800-24850 levels.Important Supports for the day is around 24600 However if inde...

Nifty opened on a positive note and traded with extreme volatility on either side to end on a flat note - Jainam Share Consultants

Source: Jainam Share Consultants
2024-12-06 09:31:07 am

Nifty Nifty opened on a positive note and traded with extreme volatility on either side to end on a flat note. Nifty closed at 24467 with again of 10 points. On the daily chart the index has formed a small Bearish candle with shadows on either side indicating indecisiveness amongst participants regarding the direction. The chart pattern suggests that if Nifty crosses and sustains above 24580 level it would witness buying which would lead the index towards 24650-24730 levels. Important Sup...

Nifty opened on a positive note and traded with extreme volatility on either side to end on a flat note - Jainam Share Consultants

Source: Jainam Share Consultants
2024-12-05 10:07:07 am

Nifty opened with an upward gap and remained in positive terrain throughout the day - Jainam Share Consultants

Nifty Nifty opened with an upward gap and remained in positive terrain throughout the day. Nifty closed at 24457 with a gain of 181 points. Onthedaily chart the index has formed a small bullish candle forming higher High-Low formation compare to previous session indicating positive bias.The chart pattern suggests that if Nifty crosses and sustains above 24500 level it would witness buying which would lead the index towards 24620-24730 levels. Important Supports for the day is around 24300 ...

Nifty opened with an upward gap and remained in positive terrain throughout the day - Jainam Share Consultants

Source: Jainam Share Consultants
2024-12-04 09:32:07 am

Nifty Nifty opened on a flat note and witnessed selling pressure in the initial half of the day. However later hour buying led index to end on a positive note.. Nifty closed at 24276 with a gain of 145 points. On the daily chart the index has formed a small Bullish candle carrying long lower shadow indicating buying support at lower levels. The chart pattern suggests that if Nifty breaks and sustains below 24000 level it would witness selling which would lead the index towards 23930-23870 ...

Nifty opened on a flat note and witnessed selling pressure in the initial half of the day - Jainam Share Consultants

Source: Jainam Share Consultants
2024-12-03 10:06:03 am

Stock of the day : Computer Age Management Services Ltd For Target Rs. 5350-5470 By Jainam Share Consultants

Computer Age Management Services Ltd * The stock price trading at Rs. 5100.00 on 02 Dec 2024 * Currently the stock has given bullish chart pattern formation which resemble as Ascending Triangle chart pattern breakout on daily chart. * At this point, the price is trading above all of its significant moving averages, indicating bullish momentum. Additionally, the Mometum Indicator RSI is trading above 60 in a positive zone. * We expect the stock price to continue its current bullish...

Stock of the day : Computer Age Management Services Ltd For Target Rs. 5350-5470 By Jainam Share Consultants

Source: Jainam Share Consultants
2024-12-02 12:30:41 pm

Stock of the day : Jubilant FoodWorks Ltd For Target Rs. 671.00.00 By Jainam Share Consultants

Jubilant FoodWorks Ltd * The stock price close at Rs. 644.55 on 29th Nov, 2024. * Currently the stock has given bullish chart pattern formation which resemble as Inverted Head & shoulder chart pattern breakout and Retesting the Breakout on daily chart. * At this point, the price is trading above all of its significant moving averages, indicating bullish momentum. Additionally, the Mometum Indicator RSI is trading above 60 in a positive zone. * We expect the...

Stock of the day : Jubilant FoodWorks Ltd For Target Rs. 671.00.00 By Jainam Share Consultants

Source: Jainam Share Consultants
2024-12-02 12:20:46 pm

Stock of the day : EID Parry Ltd For Target Rs. 954 By Jainam Share Consultants

EID Parry Ltd * The stock price trading at Rs. 884.00 on 02 Dec 2024. * Currently the stock has given consolidation range formation which resemble as range breakout on daily chart. * At this point, the price is trading above all of its significant moving averages and near to all time high, indicating bullish momentum. Additionally, the Mometum Indicator RSI is trading above 60 in a positive zone. * We expect the stock price to continue its current bullish momentum and head towards...

Stock of the day : EID Parry Ltd For Target Rs. 954 By Jainam Share Consultants

Source: Jainam Share Consultants
2024-12-02 12:09:41 pm

Stock of the day : Central Depository Services Ltd For Target Rs. 1940.00 By Jainam Share Consultants

Central Depository Services Ltd * The stock price trading at Rs. 1678.00 on 02 Dec 2024. * Currently the stock has given bullish chart pattern formation which resemble as Ascending Triangle chart pattern breakout on daily chart. * At this point, the price is trading above all of its significant moving averages, indicating bullish momentum. Additionally, the Mometum Indicator RSI is trading above 60 in a positive zone. * We expect the stock price to continue its current bullish mom...

Stock of the day : Central Depository Services Ltd For Target Rs. 1940.00 By Jainam Share Consultants

Source: Jainam Share Consultants
2024-12-02 11:45:03 am

Nifty Nifty opened with an upward gap and remained in positive terra in throughout the day. Nifty closed at 24131 with a gain of 217 points. Onthedaily chart Nifty has formed a bullish candle and remained restricted within previous session's High-Low range indicating absenceof directionon either side. The chart pattern suggests that if Nifty breaks and sustains below 23900 level it would witness selling which would lead the index towards 23800-23650 levels. However if index crosses abo...

Nifty opened with an upward gap and remained in positive terra in throughout the day - Jainam Share Consultants

Source: Jainam Share Consultants
2024-12-02 09:41:08 am

Weekly Technical Market Outlook 30-11-2024 by Jainam Share Consultants

Nifty * Nifty opened the week at made a open of 24253.55 high of 24354.55 lowtheweekat23873.55 and week close at 24131.10. Thus, Nifty closed the week withagainof223.85points on weekly basis. * On the weekly chart, Nifty started the week on a positive note and witnessedbuyingpressure from the lower level and close in a postive . The overall trading rangeforindexfor coming week would be 24500.00 - 23500.00, either side breakout will leadthetrend. * On the daily chart, Nifty opened wit...

Weekly Technical Market Outlook 30-11-2024 by Jainam Share Consultants

Source: Jainam Share Consultants
2024-11-30 03:05:07 pm

Nifty opened on a flat note but selling led the index downwards to end near the low of the day - Jainam Share Consultants

Nifty Nifty opened on a flat note but selling led the index downwards to end near the low of the day. Nifty closed at 23914 with a loss of 361points.On the daily chart the index has formed a long Bearish candle forming lower High-Low compare to previous session indicating negative bias. Thechart pattern suggests that if Nifty breaks and sustains below 23870 level it would witness selling which would lead the index towards23800-23650 levels. However if index crosses above 24000 level it wou...

Nifty opened on a flat note but selling led the index downwards to end near the low of the day - Jainam Share Consultants

Source: Jainam Share Consultants
2024-11-29 10:19:15 am

Nifty Nifty opened on a flat note and remained in a small range throughout the day. Nifty closed at 24275 with a gain of 80 points. On the daily chart the index has formed a small Bearish candle with shadows on either side indicating indecisiveness amongst participants regarding the direction.The chart pattern suggests that if Nifty crosses and sustains above 24360 level it would witness buying which would lead the index towards 24450-24500 levels. Important Supports for the day is around ...

Nifty opened on a flat note and remained in a small range throughout the day - Jainam Share Consultants

Source: Jainam Share Consultants
2024-11-28 10:00:45 am

Nifty opened with an upward gap but witnessed selling from the opening tick to end negative - Jainam Share Consultants

Nifty Nifty opened with an upward gap but witnessed selling from the opening tick to end negative. Nifty closed at 24195 with a loss of 27points. Onthe daily chart index has formed a small bearish candle representing resistance at higher levels.The chart pattern suggests that if Nifty crosses and sustains above 24370 level it would witness buying which would lead the index towards 24450-24500 levels. Important Supports for thedayis around 24120 However if index sustains below 24120 then i...

Nifty opened with an upward gap but witnessed selling from the opening tick to end negative - Jainam Share Consultants

Source: Jainam Share Consultants
2024-11-27 09:56:00 am

Nifty Opens Gap-Up, Closes Positive Despite Profit Booking at Highs - Jainam Share Consultants

Nifty Nifty opened with an upward gap and continued its previous day's rally however profit booking at higher levels dragged index near today'sopening level thereby closing on a positive note . Nifty closed at 24222 with a gain of 315 points. On the daily chart the index has formeda"Doji" candlestick formation indicating in decisiveness amongst market participants regarding the direction. The chart pattern suggests that ifNifty crosses and sustains above 24370 level it wo...

Nifty Opens Gap-Up, Closes Positive Despite Profit Booking at Highs - Jainam Share Consultants

Source: Jainam Share Consultants
2024-11-26 09:33:58 am

Nifty Nifty opened with an upward gap and remained in positive terrain throughout the day. Nifty closed at 23907 with a gain of 557 points. On the daily chart the index has formed a long Bullish candle forming higher High-Low formation indicating positive bias. The chart pattern suggests that if Nifty crosses and sustains above 23950 level it would witness buying which would lead the index towards 24000-24050 levels. Important Supports for the day is around 23650 However if index sustains ...

Nifty opened with an upward gap and remained in positive terrain throughout the day - Jainam Share Consultants

Source: Jainam Share Consultants
2024-11-25 09:49:22 am

Nifty opened with downward gap and selling pressure throughout the session led it to close near day`s low - Jainam Share Consultants

Nifty Nifty opened with downward gap and selling pressure throughout the session led it to close near day's low. Nifty closed at 23350 with a loss of 169 points. On the daily chart index has formed a small bearish candle forming lower High-Low compare to previous session and has closed below previous session's low indicating negative bias. The chart pattern suggests that if Nifty breaks and sustains below23260 level it would witness selling which would lead the index towards 23150-...

Nifty opened with downward gap and selling pressure throughout the session led it to close near day`s low - Jainam Share Consultants

Source: Jainam Share Consultants
2024-11-22 09:59:00 am

Nifty Gains Early but Closes Near Day`s Low on Second-Half Selling - Jainam Share Consultants

Nifty Nifty opened on a positive note and extended buying momentum in the first half however selling in the second half led the index lower to close near day's low. Nifty closed at 23519 with a gain of 65 points. On the daily chart the index has formed a Bearish candle withalonguppershadow indicating selling at higher levels. The chart pattern suggests that if Nifty breaks and sustains below 23460 level it would witnesssellingwhich would lead the index towards 23400-23300 levels. Howe...

Nifty Gains Early but Closes Near Day`s Low on Second-Half Selling - Jainam Share Consultants

Source: Jainam Share Consultants
2024-11-21 09:53:50 am

On the daily chart the index has formed a small Bearish candle with lower shadow indicating buying support at lowerlevels - Jainam Share Consultants

Nifty Nifty opened on a positive note but selling pressure throughout the session dragged it lower to close in negative territory. Nifty closedat 23454with a loss of 79 points. On the daily chart the index has formed a small Bearish candle with lower shadow indicating buying support at lowerlevels. The chart pattern suggests that if Nifty breaks and sustains below 23350 level it would witness selling which would leadtheindextowards 23300-23150 levels. However if index crosses above 23500 l...

On the daily chart the index has formed a small Bearish candle with lower shadow indicating buying support at lowerlevels - Jainam Share Consultants

Source: Jainam Share Consultants
2024-11-19 10:31:38 am

Nifty Nifty opened on a flat note and remained in a small range throughout the day. Nifty closed at 23533 with a loss of 26 points. On thedailychartindex has formed a bearish candle carrying both side shadows however it has continue to form lower High-Low formation indicatingweakness.The chart pattern suggests that if Nifty breaks and sustains below 23480 level it would witness selling which would lead the indextowards23400-23300 levels. However if index crosses above 23700 level it would ...

Nifty opened on a flat note and remained in a small range throughout the day - Jainam Share Consultants

Source: Jainam Share Consultants
2024-11-18 09:27:47 am

Nifty Opens Lower, Selling Pressure Drags It to Day`s Lowest Point - Jainam Share Consultants

Nifty Nifty opened with an downward gap and selling pressure throughout the session dragged it lower to end near lowest point of the day. Nifty closed at 23559 with a loss of 324 points. On the daily chart the index has formed a long Bearish candle forming lower High-Low compare to previous session indicating negative bias. The chart pattern suggests that if Nifty breaks and sustains below 23500 level it would witnessselling which would lead the index towards 23380-23320 levels. However i...

Nifty Opens Lower, Selling Pressure Drags It to Day`s Lowest Point - Jainam Share Consultants

Source: Jainam Share Consultants
2024-11-14 09:50:21 am

Nifty opened on a positive note and witnessed sideways movement in initial half - Jainam Share Consultants

Nifty Nifty opened on a positive note and witnessed sideways movement in initial half. However last hour profit booking pulled index lower toclosenear day's low.. Nifty closed at 23883 with a loss of 258 points. On the daily chart the index has formed a long Bearish candle forminglowerHigh-Low compare to previous session indicating negative bias. The chart pattern suggests that if Nifty breaks and sustains below23850level itwould witness selling which would lead the index towards 23800...

Nifty opened on a positive note and witnessed sideways movement in initial half - Jainam Share Consultants

Source: Jainam Share Consultants
2024-11-13 09:59:35 am

Nifty opened on a flat note and witnessed buying momentum in initial hours - Jainam Share Consultants

Nifty Nifty opened on a flat note and witnessed buying momentum in initial hours. However selling preesure at higher levels draggedit lowertoclose near day's low. Nifty closed at 24141 with a loss of 7 points. On the daily chart the index has formed a Bullish candle with a upper shadowindicating selling at higher levels. The chart pattern suggests that if Nifty breaks and sustains below 24000 level it would witness sellingwhichwould lead the index towards 23900-23800 levels. However if...

Nifty opened on a flat note and witnessed buying momentum in initial hours - Jainam Share Consultants

Source: Jainam Share Consultants
2024-11-12 09:42:05 am

Nifty opened on a flat note and witnessed extreme volatility on either side for most part of the session - Jainam Share Consultants

Nifty Nifty opened on a flat note and witnessed extreme volatility on either side for most part of the session. However later hour sellingpressuredragged index lower to end in red. Nifty closed at 24148 with a loss of 51 points. On the daily chart the index has formed a small bullishcandlewith shadows on either side representing extreme volatility as well as indecisiveness amongst participants regarding the direction. Thechartpattern suggests that if Nifty breaks and sustains below 24050 ...

Nifty opened on a flat note and witnessed extreme volatility on either side for most part of the session - Jainam Share Consultants

Source: Jainam Share Consultants
2024-11-11 09:59:25 am

Nifty Nifty opened on a flat note but selling led the index downwards to end near the low of the day. Nifty closed at 24195 with a loss of 289points.On the daily chart index has formed a sizable bearish candle forming lower High-Low compare to previous session and has closedbelowprevious session's low indicating negative bias. The chart pattern suggests that if Nifty breaks and sustains below 24100 level it wouldwitnessselling which would lead the index towards 24000-23900 levels. Howe...

Nifty opened on a flat note but selling led the index downwards to end near the low of the day - Jainam Share Consultants

Source: Jainam Share Consultants
2024-11-08 09:59:11 am

NIFTY opens with gap; buying at 24200 lifts index to strong close - Jainam Share Consultants

Nifty NIFTY opened with an upward gap and observed profit booking in initial hours however strong buying momentum around 24200 levels pulled index higher to close on strong note. Nifty closed at 24490 with a gain of 277 points. On the daily chart the index has formedalongBullishcandle forming higher High-Low formation indicating positive bias. The chart pattern suggests that if Nifty breaks and sustains below 24100 level it would witness selling which would lead the index towards 24000-239...

NIFTY opens with gap; buying at 24200 lifts index to strong close - Jainam Share Consultants

Source: Jainam Share Consultants
2024-11-07 10:05:17 am

Nifty May Decline if It Breaks Below 23800, Targeting 23700-23600 - Jainam Share Consultants

Nifty Nifty opened with a downward gap however buying momentum at lower levels pulled index higher to end near day's high. Nifty closedat 24213with a gain of 218 points. On the daily chart index has formed a bullish candle however it remained restricted within previous session's High-Lowrange indicating absence of strength on eitherside. The chart pattern suggests that if Nifty breaks and sustains below23800 level it wouldwitness selling which would lead the index towards 23700-23...

Nifty May Decline if It Breaks Below 23800, Targeting 23700-23600 - Jainam Share Consultants

Source: Jainam Share Consultants
2024-11-06 09:41:07 am

Nifty Nifty opened on a flat note but selling led the index downwards to end in red. Nifty closed at 23990 with a loss of 314 points. On thedailychartindex has formed a sizable bearish candle and closed below previous session's low indicating negative bias The chart pattern suggests that if Niftybreaks and sustains below 23680 level it would witness selling which would lead the index towards 23600-23500 levels. However if indexcrossesabove 24380 level it would witness pullback rally wh...

Nifty opened on a flat note but selling led the index downwards to end in red - Jainam Share Consultants

Source: Jainam Share Consultants
2024-11-05 10:10:02 am

The chart pattern suggests that if Nifty breaks and sustains below 24170 level it would witness selling whichwouldleadthe index towards 24100-24000 levels - Jainam Share Consultants

Nifty Nifty opened on a flat note but selling led the index downwards to end in red. Nifty closed at 24205 with a loss of 136 points. On thedailychartindex has formed a small bearish candle forming lower High-Low compare to previous session and has closed below previous session'slowindicating negative bias. The chart pattern suggests that if Nifty breaks and sustains below 24170 level it would witness selling whichwouldleadthe index towards 24100-24000 levels. However if index crosses ...

The chart pattern suggests that if Nifty breaks and sustains below 24170 level it would witness selling whichwouldleadthe index towards 24100-24000 levels - Jainam Share Consultants

Source: Jainam Share Consultants
2024-11-04 09:55:02 am

Important Supports for the day is around 24100Howeverif index sustains below 24100 then it may witness profit booking which would take the index towards 24000-23900 levels - Jainam Share Consultants

Nifty Nifty opened with a downward gap and witnessed pullback rally at lower levels however selling pressure at higher levels draggedindextoclosein negative territory. Nifty closed at 24341 with a loss of 126 points. On the daily chart the index has formed a bearish candle withlonguppershadow indicating selling pressure as well as resistance at higher levels The chart pattern suggests that if Nifty crosses and sustains above24500level it would witness buying which would lead the index towa...

Important Supports for the day is around 24100Howeverif index sustains below 24100 then it may witness profit booking which would take the index towards 24000-23900 levels - Jainam Share Consultants

Source: Jainam Share Consultants
2024-10-31 09:44:55 am

Important Supports for the day is around 24100 However if index sustains below24100 - Jainam Share Consultants

Nifty Nifty opened on a flat note and witnessed selling pressure in the initial half of the day. However later hour buying led index to endonapositivenote.. Nifty closed at 24456 with a gain of 117 points. On the daily chart the index has formed a small Bullish candle carrying long lower shadowindicating buying support at lower levelsThe chart pattern suggests that if Nifty crosses and sustains above 24500 level it would witnessbuyingwhich would lead the index towards 24600-24650 levels. I...

Important Supports for the day is around 24100 However if index sustains below24100 - Jainam Share Consultants

Source: Jainam Share Consultants
2024-10-30 09:39:42 am

Nifty Nifty opened with an upward gap and remained in positive terrain throughout the day. Nifty closed at 24339 with a gain of 158 points. Onthedaily chart the index has formed a small bullish candle with shadows on either side representing extreme volatility as well as indecisivenessamongst participants regarding the direction. The chart pattern suggests that if Nifty crosses and sustains above 24500 level it wouldwitnessbuying which would lead the index towards 24600-24650 levels. Impo...

Nifty opened with an upward gap and remained in positive terrain throughout the day - Jainam Share Consultants

Source: Jainam Share Consultants
2024-10-29 09:59:22 am

Nifty opened on a flat note but selling led the index downwards to end in red By Jainam Share Consultants

Nifty Nifty opened on a flat note but selling led the index downwards to end in red. Nifty closed at 24181 with a loss of 219 points. On thedailychartthe 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 24070 level it would witness selling which would lead the index towards 24000-23900levels.However if index crosses above 24300 level it would witness pullback...

Nifty opened on a flat note but selling led the index downwards to end in red By Jainam Share Consultants

Source: Jainam Share Consultants
2024-10-28 09:50:18 am

Nifty closed at 24399 with a loss of 36 points By Jainam Share Consultants

Nifty Nifty opened on a flat note and remained in a small range throughout the day. Nifty closed at 24399 with a loss of 36 points. On thedailychartthe index has formed a small Bearish candle with shadows on either side indicating indecisiveness amongst participants regarding thedirection.The chart pattern suggests that if Nifty breaks and sustains below 24340 level it would witness selling which would lead the indextowards24200-24150 levels. However if index crosses above 24500 level it w...

Nifty closed at 24399 with a loss of 36 points By Jainam Share Consultants

Source: Jainam Share Consultants
2024-10-25 10:08:22 am

Nifty opened with a downward gap and traded with extreme volatility on either side to end on negative note - Jainam Share Consultants

Nifty Nifty opened with a downward gap and traded with extreme volatility on either side to end on negative note. Nifty closed at 24436 withalossof37 points. On the daily chart the index has formed a Bullish candle with a upper shadow indicating selling at higher levels. The chart patternsuggests that if Nifty breaks and sustains below 24380 level it would witness selling which would lead the index towards 24300-24200levels.However if index crosses above 24500 level it would witness pullba...

Nifty opened with a downward gap and traded with extreme volatility on either side to end on negative note - Jainam Share Consultants

Source: Jainam Share Consultants
2024-10-24 10:07:00 am

Nifty Nifty opened on a flat note but selling led the index downwards to end in red. Nifty closed at 24472 with a loss of 309 points. On thedailychartthe 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 24450 level it would witness selling which would lead the index towards 24400-24350levels.However if index crosses above 24500 level it would witness pullback...

Nifty opened on a flat note but selling led the index downwards to end in red - Jainam Share Consultants

Source: Jainam Share Consultants
2024-10-23 10:04:07 am

On the daily chart the index has formed a Bearish candle with long lower shadow indicating buying support at lower levels - Jainam Share Consultants

Nifty Nifty opened on a positive note and traded with extreme volatility on either side and closed in a negative territory. . Nifty closed at 24781withaloss of 73 points. On the daily chart the index has formed a Bearish candle with long lower shadow indicating buying support at lower levels. Thechart pattern suggests that if Nifty breaks and sustains below 24680 level it would witness selling which would lead the index towards24600-24500 levels. However if index crosses above 25000 level ...

On the daily chart the index has formed a Bearish candle with long lower shadow indicating buying support at lower levels - Jainam Share Consultants

Source: Jainam Share Consultants
2024-10-22 10:04:28 am

Nifty opened with downward gap and extended its down move in initial hours making day low around 24568 - Jainam Share Consultants

Nifty Nifty opened with downward gap and extended its down move in initial hours making day low around 24568. However buying support at lowerlevels recovered most of the earlier losses to end on a positive note. Nifty closed at 24854 with a gain of 104 points. On the daily chart theindexhas formed a small Bullish candle carrying lower shadow indicating buying support at lower levels. The chart pattern suggests that if Niftybreaksand sustains below 24550 level it would witness sellin...

Nifty opened with downward gap and extended its down move in initial hours making day low around 24568 - Jainam Share Consultants

Source: Jainam Share Consultants
2024-10-21 09:33:03 am

Nifty Nifty opened on a flat note but selling led the index downwards to end near the low of the day. Nifty closed at 25797 with a loss of 14points. Onthe daily chart the index has formed a long Bearish candle forming lower High-Low compare to previous session indicating negativebias. Thechart pattern suggests that if Nifty breaks and sustains below 24720 level it would witness selling which would lead the index towards24600-24500 levels. However if index crosses above 24850 level it would...

Nifty opened on a flat note but selling led the index downwards to end near the low of the day - Jainam Share Consultants

Source: Jainam Share Consultants
2024-10-18 10:20:10 am