Nifty was sideways in a very narrow range with low volumes and +ve breadth.Important points for today
1.Nifty flat with 1.6 breadth.
2.31st day since 6181,70th day since the highs of 6338.
Nifty ended flat with a range of only 44 points.Todays range was extreme compression and I expect Nifty to turn volatile from tomorrow onwards.Nifty may not have capitulated for this 4 day move till now but 5550-5600 is the next resistance zone and any selloff from there could be reversal.
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