Nifty traded narrowly in about 40 points with moderately high volumes and neutral breadth. Important points for today.
1. Nifty flat with 0.80 breadth.
2. 497th day since the highs of 6338, 221st day since the lows of 4531.
Nifty was down for 3rd consecutive day. Nifty remains stuck in 200 point range. Diwali is usually a turning point of the trend.Volumes were good today being highest in about a month.No clear Buy/Sell signals as the range bound move continues.
1. Nifty flat with 0.80 breadth.
2. 497th day since the highs of 6338, 221st day since the lows of 4531.
Nifty was down for 3rd consecutive day. Nifty remains stuck in 200 point range. Diwali is usually a turning point of the trend.Volumes were good today being highest in about a month.No clear Buy/Sell signals as the range bound move continues.
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