Nifty bounced strongly with moderate volumes and +ve breadth. Important points for today.
1. Nifty up by 2.2% with 2.1 breadth.
2.215th day since the highs of 6338,15th day since the lows of lows of 4720.
Nifty closed above 5100 today.Today's momentum was good and if Nifty stays above 5100 for another 1-2 days then higher levels of 5400+ should be possible by month end.Nifty was moving in 270 point range in its sideways move since last few days,so range expansion of 270 should be possible.
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