Nifty was sideways in very narrow range with low volumes and neutral breadth. Important points for today.
1.Nifty down by 0.7% with 0.67 breadth.
2.19th day since the lows of 5177,85th day since the highs of 6338.
Nifty moved in very narrow range of 48 points.I expect Nifty's range expansion to happen now from tomorrow and Nifty could breakout of this 200 points range by early next week(probably on upside).Also Nifty is approaching important Fib number of 89 from high of 6338,so the top of this rally may be there in next few days .
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