Nifty bounced later in the day to close above 5000 levels. Important points for today.
1.Nifty up by 1.2% with 0.8 breadth.
2.222nd day since the highs of 6338,22nd day since the lows of 4720.
Nifty closed above 5000 today.Nifty may dip to 4850-4900 levels tomorrow/once again before starting its ascent.If Nifty closes around 4900 tomorrow, then Nifty may stay within 4900-5150 next week.But if Nifty closes strongly tomorrow, then Nifty may have started its ascent.
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