Nifty slid further to lower 6000 levels with higher volumes and -ve breadth. Important points for today.
1. Nifty down by 0.6% with 0.22 breadth.
2. 547th day since the highs of 6338, 271st day since the lows of 4531.
Nifty closed near the lows of the day.Weekly range now stands at 94 points and monthly range remains at 166 points. January has proved to be a dud month unlike its usual volatile character.Nifty looks like topping out in short term, so some volatility could be expected in next 1-2 weeks.
1. Nifty down by 0.6% with 0.22 breadth.
2. 547th day since the highs of 6338, 271st day since the lows of 4531.
Nifty closed near the lows of the day.Weekly range now stands at 94 points and monthly range remains at 166 points. January has proved to be a dud month unlike its usual volatile character.Nifty looks like topping out in short term, so some volatility could be expected in next 1-2 weeks.
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