Nifty moved up above 5550 with high volumes and +ve breadth. Important points for today.
1.Nifty up by 1.8% with 2.5 breadth.
2.74th day since the lows of 5177,140th day since the highs of 6338,27th day since the swing highs of 5906.
Nifty closed above 5550 and today was the 4th day of the upmove that started from 5328.Nifty's breadth was good today indicating that Nifty has more scope to move upwards.This week is Likely to be up week but may just be a bounce in a multi week decline of Nifty.
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