Nifty was sideways today with -ve bias with moderate volumes and -ve breadth. Important points for today.
1.Nifty down by 0.4% with 0.7 breadth.
2.9th day since the highs of 6284.
Nifty move in a narrow range and closed below 6100 today.Sideways move is difficult to infer about the next move though the bias is towards downside.I would look for the next 3 days of action of this week to get a good signal for a breakdown OR a further move up beyond 6300.
No comments:
Post a Comment