Nifty was in sideways movement with low volumes and neutral breadth. Important points for today.
1.Nifty down by 0.2% with 0.9 breadth.
2.59th day since the lows of 5177,125th day since the highs of 6338.
Nifty closed down today after moving in 5500-5600 range.Nifty has moved 90 points in 2 days of this week.So the remaining days in the week should likely see either 5700 or 5400 levels.Medium term trend remains down and Nifty should likely drift towards 5200 or lower in coming days.
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