Nifty moved in a range of 63 points with low volumes and neutral breadth. Important points for today.
1.Nifty down by 0.5% with 0.78 breadth.
2.125th day since the lows of 5177,191st day since the highs of 6338,2 days since the lows of 4947.
Nifty mad a weak attempt at 5200.Nifty would need momentum to go up from here and that should come if Nifty goes down and does not go below 5000 levels.Next few days should see narrow sideways range movement of Nifty with likely range of 5050-5300.
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