Nifty bounced strongly and closed above 4950 with low volumes and +ve breadth. Important points for today.
1.Nifty up by 2.8% with 3.3 breadth.
2.220th day since the highs of 6338,20th day since the lows of 4720.
Nifty has bounced from around 4750 levels without breaching earlier lows.This rally should find resistance now in 5100-5200 zone.
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