Nifty sold off from 5150+ with moderate volumes and -ve breadth. Important points for today.
1.Nifty down by 1.85% with 0.53 breadth.
2.208th day since the highs of 6338,8th day since the lows of 4720.
Nifty made a flat weekly closing, up just 0.4% weekly basis.This is likely just a pause and Nifty may resume its leg up sometime next week.I expect there may be some more weakness in Nifty(upto ~4950) before Nifty turns around.
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