Nifty broke below 5700 but later recovered some ground with high volumes and -ve breadth.Important points for today.
1.Nifty down by 0.8% with 0.15 breadth.
2.131st day since the medium term lows of 4786,14th day since the highs of 6338.
Nifty slipped further and broke below 5700 levels but recovered somewhat later.Breadth is indicating a short term pullback in Nifty now though Nifty can very well fall around next support of 5500 levels before bouncing also.The strength of pullback will only determine whether Nifty Nifty's pullback is a reversal or another leg down will happen.
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