Thursday, September 27, 2012

Sep27 Update

Nifty traded in yesterday's range with -ve bias amid higher volumes and neutral breadth. Important points for today.

1. Nifty down by 0.25% with 1.1 breadth.
2. 467th day since the highs of 6338, 193rd day since the lows of 4531.

Nifty has not done anything in this week and the range is only 71 points till today. Tomorrow is new series and Nifty should expand its weekly range on the last day of Month/Quarter.Monthly/Quarterly range stands at 505/688 points till today and is likely to remain same by tomorrow also.

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