Nifty opened with a gap up, stayed positive all day, closing at 24051, up 276 points - Jainam Broking Ltd
Nifty opened with an upward gap and remained in positive terrain throughout the day. Nifty closed at 24051 with a gain of 276 points. On the daily chart the index has formed a long Bullish candle forming higher High-Low formation compared to previous session indicates positive bias. The chart pattern suggests that if Nifty crosses and sustains above 24080 level it would witness buying which would lead the index towards 24300-24400 levels. Important Supports for the day is around 23950 However if index sustains below 23950 then it may witness profit booking which would take the index towards 23900-23800 levels.

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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
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