Nifty gapped down but recovered later with very low volumes and -ve breadth.Important points for today.
1.Nifty down by 1.4% with 0.33 breadth.
2.16th day since the lows of 5177,82nd day since the highs of 6338.
Nifty closed in the red after 5 consecutive up days.Nifty has corrected 200 points from the 5608 top(~53% of the rise from 5232-5608).Todays fall is likely a mild correction and Nifty may consolidate around 5400-5600 levels before moving up.
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