Nifty inched upwards but gave away the gains with low volumes and neutral breadth. Important points for today.
1. Nifty down by 0.2% with 0.83 breadth.
2. 365th day since the highs of 6338, 91st day since the lows of 4531, 48th day since the swing highs of 5629.
Nifty's directionless narrow range move continues.Nifty is not showing any momentum on daily scale though it is exhibiting some volatility on weekly front since last 3 weeks. Breaking points remain as 5400/5135 and any close beyond these points only shud show some significant move in Nifty.
1. Nifty down by 0.2% with 0.83 breadth.
2. 365th day since the highs of 6338, 91st day since the lows of 4531, 48th day since the swing highs of 5629.
Nifty's directionless narrow range move continues.Nifty is not showing any momentum on daily scale though it is exhibiting some volatility on weekly front since last 3 weeks. Breaking points remain as 5400/5135 and any close beyond these points only shud show some significant move in Nifty.
No comments:
Post a Comment