Nifty edged up today with low volumes and +ve breadth.Important points for today.
1.Nifty up by 1.0% with 1.9 breadth.
2.17th day since the lows of 5177,83rd day since the highs of 6338.
Nifty closed above 5500 but with very low volumes.Nifty moved in a very narrow range of 66 points today.I expect Nifty may move between this 150-200 range for another few days before moving above 5600.But any momentum move above 5600 in 1-2 days may setup for bigger upmove for Nifty.
No comments:
Post a Comment