Tuesday, November 1, 2011

Nov1 Update

Nifty came down below 5300 with low volumes and -ve breadth. Important points for today.

1.Nifty down by 1.3% with 0.55 breadth.
2.243rd day since the highs of 6338, 43rd day since the lows of 4720.

Nifty was in red for second consecutive day.Nifty is approaching 5150-5200 zone which shud provide support to Nifty.Even if Nifty breaches the 5150+ zone, I expect Nifty to go above 5400 in next few days.

No comments:

Post a Comment