Nifty attempted 6000+ levels but failed to cross with high volumes and -ve breadth. Important points for today.
1. Nifty down by 0.3% with 0.31 breadth.
2. 538th day since the highs of 6338, 262nd day since the lows of 4531.
Nifty closed the week with a loss of 1.1%.This was 54th week of upmove from 4531. Weekly range was 102 points while monthly range remains at 107 points.Next week should through some clarity whether Nifty has topped out short/medium term or Nifty is pausing before taking a leap to new highs.
1. Nifty down by 0.3% with 0.31 breadth.
2. 538th day since the highs of 6338, 262nd day since the lows of 4531.
Nifty closed the week with a loss of 1.1%.This was 54th week of upmove from 4531. Weekly range was 102 points while monthly range remains at 107 points.Next week should through some clarity whether Nifty has topped out short/medium term or Nifty is pausing before taking a leap to new highs.
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