Nifty had a good bounce today with moderate volumes and +ve breadth. Important points for today.
1. Nifty up by 2.3% with 4.7 breadth.
2. 290th day since the highs of 6338, 15th day since the lows of 4531.
Nifty broke out of its small consolidation range and closed above 4800. If Nifty sustains the upmove for another 1-2 days then I expect Nifty to halt near 5100 only now.Range for this month till today is 267 points.
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