Nifty was confined in a narrow range with moderate volumes and neutral breadth. Important points for today.
1.Nifty down by 0.15% with 1.3 breadth.
2.216th day since the highs of 6338,16th day since the lows of 4720.
Nifty after making strong upmove yesterday ,paused near the resistance zone of 5200.Downside of Nifty is 4950-5000 levels.Nifty is likely to make its breakout move above 5200 now.Though it may also spend another few days around 5000-5200 also.
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