Nifty traded with +ve bias today above 5600 with moderately low volumes and +ve breadth. Important points for today.
1. Nifty up by 0.5% with 1.8 breadth.
2. 490th day since the highs of 6338, 216th day since the lows of 4531.
Nifty traded above 5600 today and closed in the green for 2nd consecutive day.If Nifty remains +ve for next 2-3 days , then very likely Nifty may have completed its sideways movement and started its ascent upwards. Today's range stands at 48 points and weekly range is 118 points till today.
1. Nifty up by 0.5% with 1.8 breadth.
2. 490th day since the highs of 6338, 216th day since the lows of 4531.
Nifty traded above 5600 today and closed in the green for 2nd consecutive day.If Nifty remains +ve for next 2-3 days , then very likely Nifty may have completed its sideways movement and started its ascent upwards. Today's range stands at 48 points and weekly range is 118 points till today.
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