Nifty moved up above 5050 with moderate volumes and +ve breadth.Important points for today.
1.Nifty up by 1.5% with 2.8 breadth.
2.12th day since the lows of 4786.
Nifty after being in correction for 3 days moved up towards 5100 levels.The momentum in the next few days will tell whether the rally will fade towards 5200-5300 or Nifty will make new highs above 5400.I expect next week's move of Nifty to throw light on its future course of action.
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