Nifty opened on a flat note and remained in a small range throughout the day

2025-08-18 09:42:29 am | Source: Jainam Share Consultants

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

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Nifty

Nifty opened on a flat note and remained in a small range throughout the day. Nifty closed at 24631 with a gain of 12 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 breaks and sustains below 24500 level it would witness selling which would lead the indextowards24400-24350 levels. However, if index crosses above 24700 level it would witness pullback rally which would take the index towards24770-24850.

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

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