Today again was narrow range day with moderately high volumes and +ve breadth. Important points for today.
1. Nifty up by 0.7% with 2.3 breadth.
2. 293rd day since the highs of 6338, 18th day since the lows of 4531.
Nifty has closed above 4800 for 4 consecutive days, implies that Nifty has consolidated the 100+ point move to 4850 made early in the week. Upmove looks very likely from here.Nifty's range in this month till today is 313 points.
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