Nifty was sideways again in narrow range with low volumes and -ve breadth.Important points for today.
1.Nifty down by 0.5% with 0.55 breadth.
2.110th day since the lows of 5177,176th day since the highs of 6338,64th day since the swing highs of 5906.
Nifty closed below 5550 today.Nifty is moving in about 150 point range of 5500-5650 since many days.So possible range breakout targets are 5350/5800.My inclination is still towards upside as a capitulating move.
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