Nifty dipped below 5200 levels but recovered to close above 5200 with low volumes and neutral breadth. Important points for today.
1. Nifty down by 0.25% with 0.7 breadth.
2. 431st day since the highs of 6338, 157th day since the lows of 4531.
Nifty ended the week with gain of 2.3%.This week's range was 117 points and Monthly range of August stands at 82 points.Nifty is trading sideways in band of 5000-5350 levels and any move beyond the limits with volumes should indicate medium term direction of Nifty.
1. Nifty down by 0.25% with 0.7 breadth.
2. 431st day since the highs of 6338, 157th day since the lows of 4531.
Nifty ended the week with gain of 2.3%.This week's range was 117 points and Monthly range of August stands at 82 points.Nifty is trading sideways in band of 5000-5350 levels and any move beyond the limits with volumes should indicate medium term direction of Nifty.
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