Nifty managed to close above 5600 today though with lower volumes and neutral breadth. Important points for today.
1. Nifty up by 0.8% with 1.0 breadth.
2. 503rd day since the highs of 6338, 227th day since the lows of 4531.
Nifty closed above yesterday's high and didnot breach yesterday's low, so that is bullish if Nifty sustains it for another 2 days.Monthly range remains at 229 points and yearly range is 1227 points till today.Expect to see range expansion in 5.5 weeks left in this year.
1. Nifty up by 0.8% with 1.0 breadth.
2. 503rd day since the highs of 6338, 227th day since the lows of 4531.
Nifty closed above yesterday's high and didnot breach yesterday's low, so that is bullish if Nifty sustains it for another 2 days.Monthly range remains at 229 points and yearly range is 1227 points till today.Expect to see range expansion in 5.5 weeks left in this year.
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