Nifty staged a mini pullback with moderate volumes and neutral breadth. Important points for today.
1. Nifty down by 0.5% with 1.2 breadth.
2. 534th day since the highs of 6338, 258th day since the lows of 4531.
Nifty again pulled down from 6000+ levels and closed below it.Nifty may be turning around here in short/medium term towards downside.Nifty's range for this month till now is 107 points.If Nifty is not able to surpass the resistance at 6000-6050 in this week, lower levels are likely in days ahead.
1. Nifty down by 0.5% with 1.2 breadth.
2. 534th day since the highs of 6338, 258th day since the lows of 4531.
Nifty again pulled down from 6000+ levels and closed below it.Nifty may be turning around here in short/medium term towards downside.Nifty's range for this month till now is 107 points.If Nifty is not able to surpass the resistance at 6000-6050 in this week, lower levels are likely in days ahead.
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