Nifty opened gap-up, stayed positive all day, closed at 22912, up 400 points - Jainam Share Consultants
Nifty
Nifty opened with an upward gap and remained in positive terrain throughout the day. Nifty closed at 22912 with a gain of 400 points. Onthedaily chart index has formed a small bullish candle carrying eiethrside shadows representing volatility however it has formed a higher High-Lowcompared to previous session which remains a positive sign. The chart pattern suggests that if Nifty breaks and sustains below 22870 level it would witness selling which would lead the index towards 22800-22700 levels. However, if index crosses above 23060 level it would witness pull back rally which would take the index towards 23120-23300.
Please refer disclaimer at https://jainam.in/
SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
