Nifty edged up at open but moved sideways later with very low volumes and neutral breadth.Important points for today.
1.Nifty down by 0.2% with 1.0 breadth.
2.20th day since the lows of 5690,34th day since the highs of 6338.
Nifty was sideways in a 50 point range and closed below 6000.Since last 4 days,Nifty is moving sideways/consolidating around 6000 levels.I expect next move of Nifty will likely be up in next few days.Breach of 5850 on downside from here will indicate bearish implications to me.
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