Nifty paused today with lower volumes and -ve breadth.Important points for today.
1.Nifty flat with 0.9 breadth.
2.15th day since the lows of 5177,81st day since the highs of 6338.
Nifty moved in a range of 84 points and closed flat.Short term Nifty is in uptrend.
Nifty can undergo some correction before moving up or it can move beyond 5600 before undergoing correction.From the number of days I expect Atleast 5-8 days more of this uptrend before the main downtrend resumes.
No comments:
Post a Comment