Nifty tested 5650 levels but retraced to close just above 5600 levels. Important points for today.
1. Nifty up by 0.6% with 1.45 breadth.
2. 460th day since the highs of 6338, 186th day since the lows of 4531.
Nifty today crossed the feb highs of 5629. Nifty has crossed the feb highs on weekly/daily basis. This breakout is happening after 7 months and looking at Nifty's momentum in last 2 weeks, Nifty has good chance os surprising on upside.Monthly/Quarterly range after today's move has expanded to 437/620 points. While yearly range now stands at 1074 points.
1. Nifty up by 0.6% with 1.45 breadth.
2. 460th day since the highs of 6338, 186th day since the lows of 4531.
Nifty today crossed the feb highs of 5629. Nifty has crossed the feb highs on weekly/daily basis. This breakout is happening after 7 months and looking at Nifty's momentum in last 2 weeks, Nifty has good chance os surprising on upside.Monthly/Quarterly range after today's move has expanded to 437/620 points. While yearly range now stands at 1074 points.
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