Nifty powered up with above average volumes and +ve breadth. Important points for today.
1.Nifty up by 2.4% with 2.4 breadth.
2.230th day since the highs of 6338,30th day since the lows of 4720.
Nifty seems to be in impulsive upmove.In 4 days Nifty is up by about 400 points from the lows.Breadth and volumes are good and indicate that Nifty may cross 5200 before going for a pause/halt.Nifty's range for this month till now is 381 points.
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