Nifty was sideways within very narrow range with low volumes and +ve breadth. Important points for today.
1.Nifty up by 0.9% with 1.65 breadth.
2.27th day since the lows of 5177,93rd day since the highs of 6338.
Nifty closed above 5400 after 2 days.Volumes were again very low and breadth was marginally +ve.Nifty after breaching 5400 level has not followed up with more downside.To me,Either the range bound scenario still continues or Nifty will cut down to 5200 towards end of this week.
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