Nifty continued its narrow range move but with higher volumes and neutral breadth. Important points for today.
1. Nifty down by 0.6% with 1.1 breadth.
2. 292nd day since the highs of 6338,17th day since the lows of 4531
Nifty is consolidating in 4800-4850 range for 3 days now.I expect decisive move of Nifty likely early next week.On the upside 5100+ would be the first breakout target while on downside 4600+ should provide strong support.I see Nifty +vly biased, so probability of upmove looks more to me.
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