Jul 20 Update

Nifty dropped below 5600 after attempting 5650 levels with moderate volumes and -ve breadth.IMportant points for today.

1.Nifty down by 0.8% with 0.5 breadth.
2.109th day since the lows of 5177,175t day since the highs of 6338,63rd day since the swing highs of 5906.

Nifty closed below 5600 level after closing above it yesterday.Sideways choppy movement of Nifty continues.I expect to see impulsive move in July expiry(likely to be upmove).Nifty is entering important time zone of next 4-5 weeks.I expect to see increased volatility from now till August Expiry.