Nifty traded sideways with moderate volumes and neutral breadth. Important points for today.
1. nifty down by 0.3% with 0.71 breadth.
2. 617th day since the highs of 6338, 340th day since the lows of 4531.
Nifty did nothing much today and closed mildly in the red.No signs of exhaustion in Nifty as yet. Weekly/Monthly/Quarterly range stands at 156/174/634 points as of today. Whether Nifty is pausing here or topping out should be known in next few days of movement.
1. nifty down by 0.3% with 0.71 breadth.
2. 617th day since the highs of 6338, 340th day since the lows of 4531.
Nifty did nothing much today and closed mildly in the red.No signs of exhaustion in Nifty as yet. Weekly/Monthly/Quarterly range stands at 156/174/634 points as of today. Whether Nifty is pausing here or topping out should be known in next few days of movement.
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