Nifty continued with its sideways movement with low volumes and neutral breadth. Important points for today.
1.Nifty up 0.45% with 1.4 breadth.
2.79th day since the lows of 5177,145th day since the highs of 6338,32nd day since the swing highs of 5906.
Nifty closed above 5550 today but the sideways narrow range movement continues.Timewise Nifty is at critical juncture.My view remains on bearish side ie I expect an impulsive downmove after the sideways correction is over.
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