Nifty moved in narrow range of 44 points with moderate volumes and neutral breadth. Important points for today.
1. Nifty up by 0.2% with 1.15 breadth.
2. 349th day since the highs of 6338,75th day since the lows of 4531, 32nd day since the swing highs of 5629.
Nifty closed mildly +ve . Nifty's range in this month has been extremely narrow on most of days.This should soon result in range expansion in coming days.Nifty's biased towards downside, so I expect range expansion to likely happen on downside.The range in this week stands at 76 points till today and monthly range is 167 points.
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