Nifty was wayward today with low volumes and neutral breadth. Important points for today.
1. Nifty up by 0.15% with 1.0 breadth.
2. 525th day since the highs of 6338.249th day since the lows of 4531.
Nifty moved in 28 point range today.With only 4 days to go, Nifty may only expand its monthly range while Quarterly/Yearly range may end at 417/1377 points.This is contraction quarter as well year.Nifty has likely completed its short term upmove but whether medium term upmove form 5032 OR from 4531 has been completed will only be known in next few weeks.
1. Nifty up by 0.15% with 1.0 breadth.
2. 525th day since the highs of 6338.249th day since the lows of 4531.
Nifty moved in 28 point range today.With only 4 days to go, Nifty may only expand its monthly range while Quarterly/Yearly range may end at 417/1377 points.This is contraction quarter as well year.Nifty has likely completed its short term upmove but whether medium term upmove form 5032 OR from 4531 has been completed will only be known in next few weeks.
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