Nifty edged up towards 6150 with low volumes and +ve breadth.Important points for today.
1.Nifty up by 0.55% with 2.4 breadth.
2.24th day since the lows of 5690,38th day since the highs of 6338.
Nifty is in an upmove and moved up for 3rd consecutive day.Price,volumes,breadth in the upmove are not indicating any strength or impulsive behaviour.Nifty may be forming a Top here if there is a reversal from here and Nifty closes below 6000 levels.
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