Nifty made a big bounce today with low volumes and +ve breadth.Important points for today.
1.Nifty up by 3.65% with 5.0 breadth.
2.135th day since the lows of 5177,201st day since the highs of 6338.
Nifty had a big bounce today.If Nifty firms up further in next 2 days,then Nifty has made a medium term bottom here and is headed up.I would expect this rally to last around Diwali.Since this is the 3rd quarter of the year,I think Nifty has likely made the 2nd big move of this year and is nearly 80-90% of the range of this year.
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