Nifty moved in a very narrow range with low volumes and neutral breadth. Important points for today.
1. Nifty up by 0.4% with 1.2 breadth.
2. 455th day since the highs of 6338, 181st day since the lows of 4531.
Nifty pausing again after 100+ point upmove.Whether Nifty may keep going higher or revisit/ break 5215 lows is open right now.But clsoing above 5450 should pave the way for further immediate upside in Nifty. Monthly range after today's upmove stands at 160 points and quarterly range remains at 416 points.
1. Nifty up by 0.4% with 1.2 breadth.
2. 455th day since the highs of 6338, 181st day since the lows of 4531.
Nifty pausing again after 100+ point upmove.Whether Nifty may keep going higher or revisit/ break 5215 lows is open right now.But clsoing above 5450 should pave the way for further immediate upside in Nifty. Monthly range after today's upmove stands at 160 points and quarterly range remains at 416 points.
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