Nifty moved in about 80 point range with very low volumes and neutral breadth. Important points for today.
1.Nifty down by 0.6% with 0.7 breadth.
2.280th day since the highs of 6338,5th day since the lows of 4531.
Nifty is in 100 point range since last 4 days.This week has very low volumes , so it is likely to be narrow range week between 4700-4900, as I think Nifty is slightly bullish at this point.Only if Nifty takes strong momentum on downside , do I see risk of Nifty going down to 4300 and below in short term.
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