Nifty continued its comeback to close above 6050 with higher volumes and neutral breadth. Important points for today.
1. Nifty up by 0.4% with 0.67 breadth.
2. 543rd day since the highs of 6338, 267th day since the lows of 4531.
Nifty closed the week with a gain of 1.9%.Nifty looks like trying to sustain at higher levels rather than topping/exhausting at higher levels.If that is correct than solid upmove should come in at some time soon.Weekly range was 121 points this week and monthly range stands at 148 points.
1. Nifty up by 0.4% with 0.67 breadth.
2. 543rd day since the highs of 6338, 267th day since the lows of 4531.
Nifty closed the week with a gain of 1.9%.Nifty looks like trying to sustain at higher levels rather than topping/exhausting at higher levels.If that is correct than solid upmove should come in at some time soon.Weekly range was 121 points this week and monthly range stands at 148 points.
No comments:
Post a Comment