Nifty gapped up and crossed 5700 levels with moderate volumes and neutral breadth. Important points for today.
1. Nifty up by 0.9% with 1.4 breadth.
2. 491st day since the highs of 6338, 217th day since the lows of 4531.
Nifty moved in a very narrow range of 29 points after opening gap up. Nifty has moved up on 3rd consecutive day.Nifty has undergone sideways movement in 200 points range since last few weeks.If this shallow move has ended, then Nifty should find upside momentum in coming days to propel it to all time highs.November monthly range is 110 points in 2days.
1. Nifty up by 0.9% with 1.4 breadth.
2. 491st day since the highs of 6338, 217th day since the lows of 4531.
Nifty moved in a very narrow range of 29 points after opening gap up. Nifty has moved up on 3rd consecutive day.Nifty has undergone sideways movement in 200 points range since last few weeks.If this shallow move has ended, then Nifty should find upside momentum in coming days to propel it to all time highs.November monthly range is 110 points in 2days.
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