Nifty was sideways in a very narrow range of 28 points with very low volumes and neutral breadth.Important points for today.
1.Nifty flat with 1.0 breadth.
2.21st day since the lows of 5690,35th day since the highs of 6338.
Nifty moved in a very narrow range and closed below 6000 levels.6000-6050 is giving considerable resistance to Nifty,so any breakout above should see sharp move of 100-150 points.I think there is a possibility of such a move this week.I am not expecting breakdown from this consolidation around 6000 levels.
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