Nifty moved in a narrow range on upside.Breadth was neutral and volumes were low.Important points for today.
1.Nifty moved up by 0.4% with 1.1 breadth.
2.5th consecutive day of upmove after 7 days of downturn.
5 days of upmove may be wave5 daily,in which case rally since feb6th is 52 days old.The previous two rallies have been 59,66 days.Nifty's close above 5374(prev highest closing) could well be the confirmation of wave5 daily.
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