Nifty opened on a flat note but buying led the index upwards to end in the green - Jainam Broking Limited
Nifty
Nifty opened on a flat note but buying led the index upwards to end in the green. Nifty closed at 23907 with a loss of 7 points. On the daily chart the index has formed a small Bullish candle with shadows on either side indi cating indecisiveness amongst participants regarding the direction. The chart pattern suggests that if Nifty crosses and sustains above 24100 level it would witness buying which would lead the index towards 24150-24250 levels. Important Supports for the day is around 23850 However if index sustains below 23850 then it may witness profit booking which would take the index towards 23800-23700 levels
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
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