Nifty closed above 6000_ levels with moderate volumes and +ve breadth. Important points for today.
1. Nifty up by 1.2% with 1.55 breadth.
2. 539th day since the highs of 6338, 263rd day since the lows of 4531.
Nifty again jumped above 6000 levels.Whether this jump in Nifty is breakout or its a sideways move will be known in next few days.If Nifty is doing breakout, then this week may see retest of highs of 6300+. Today's range was 74 points while monthly range remains at 107 points.
1. Nifty up by 1.2% with 1.55 breadth.
2. 539th day since the highs of 6338, 263rd day since the lows of 4531.
Nifty again jumped above 6000 levels.Whether this jump in Nifty is breakout or its a sideways move will be known in next few days.If Nifty is doing breakout, then this week may see retest of highs of 6300+. Today's range was 74 points while monthly range remains at 107 points.
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