Nifty moved in narrow range around 5950 with moderate volumes and neutral breadth. Important points for today.
1. Nifty flat with 1.1 breadth.
2. 566th day since the highs of 6338, 290th day since the lows of 4531.
Nifty was up for 3rd consecutive day. Range for this week is 93 points till now. Monthly range remains at 199 points and quarterly range is 258 points.From Range perspective Nifty is due for Quarterly/half yearly range expansion of few 100 points.On upside this comes to new highs above 6300, while on downside it should be around 5500.
1. Nifty flat with 1.1 breadth.
2. 566th day since the highs of 6338, 290th day since the lows of 4531.
Nifty was up for 3rd consecutive day. Range for this week is 93 points till now. Monthly range remains at 199 points and quarterly range is 258 points.From Range perspective Nifty is due for Quarterly/half yearly range expansion of few 100 points.On upside this comes to new highs above 6300, while on downside it should be around 5500.
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