Nifty moved above 5600 with moderate volumes and +ve breadth. Important points for today.
1.Nifty up by 1.0% with 1.85 breadth.
2.95th day since the lows of 5177,161st day since the highs of 6338,48th day since the swing highs of 5906.
Nifty closed just above 5600 levels for the first time after falling below it.Today was 7th day of upmove.Next two days of the week would be interesting to see How Nifty closed on monthly/weekly basis.Any further upmove and close above 5650 will give renewed momentum to the upmove but failure could lead to sudden downfall.
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