Nifty staged a comeback after falling to sub 5850 with moderate volumes and neutral breadth.
1. Nifty up by 0.95% with 1.0 breadth.
2. 581st day since the highs of 6338, 305th day since the lows of 4531,9th day since the swing lows of 5693.
Nifty closed above 5900 today after staging a good comeback from the lows of 5800+. Whether this is dead bounce or Nifty is heading higher may be known in next 2-3 days. If Nifty sustains above 5950 for couple of days then Nifty may scale highs above 6100 soon. This month's range stands at 308 points till today.
1. Nifty up by 0.95% with 1.0 breadth.
2. 581st day since the highs of 6338, 305th day since the lows of 4531,9th day since the swing lows of 5693.
Nifty closed above 5900 today after staging a good comeback from the lows of 5800+. Whether this is dead bounce or Nifty is heading higher may be known in next 2-3 days. If Nifty sustains above 5950 for couple of days then Nifty may scale highs above 6100 soon. This month's range stands at 308 points till today.
No comments:
Post a Comment