Nifty moved in a very narrow range with low volumes and +ve breadth. Important points for today.
1. Nifty up by 0.2% with 1.6 breadth.
2. 564th day since the highs of 6338, 288th day since the lows of 4531, 20th day since the swing highs of 6111.
Nifty closed in the green amid very low volumes. Close above 6000 will indicate Nifty has reversed in short term. Today's range was only 33 points. This week should likely clear the short term direction of Nifty.
1. Nifty up by 0.2% with 1.6 breadth.
2. 564th day since the highs of 6338, 288th day since the lows of 4531, 20th day since the swing highs of 6111.
Nifty closed in the green amid very low volumes. Close above 6000 will indicate Nifty has reversed in short term. Today's range was only 33 points. This week should likely clear the short term direction of Nifty.
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