Nifty slide down below 5200 today with lower volumes and -ve breadth. Important points for today.
1. Nifty down by 1.9% with 0.3 breadth.
2. 340th day since the highs of 6338, 66th day since the lows of 4531,23rd day since the swing highs of 5629.
Nifty closed below 5200 levels today.Volumes were low today indicating declining downside momentum.Nifty is likely to show some bounce till expiry.A decisive move in either could be expected after this month's expiry.Monthly range stands at 328 points till today.
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