Nifty paused today with moderately low volumes and neutral breadth. Important points for today.
1. Nifty up by 0.25% with 0.9 breadth.
2. 629th day since the highs of 6338, 352nd day since the lows of 4531.
Nifty ended the week with a loss of 3.3%. This could be a reversal in Nifty medium term OR Nifty has halted after 5 weeks of strong bull run for sometime. Weekly range was 293 points while Monthly/Quarterly range remain at 319/752 points.
1. Nifty up by 0.25% with 0.9 breadth.
2. 629th day since the highs of 6338, 352nd day since the lows of 4531.
Nifty ended the week with a loss of 3.3%. This could be a reversal in Nifty medium term OR Nifty has halted after 5 weeks of strong bull run for sometime. Weekly range was 293 points while Monthly/Quarterly range remain at 319/752 points.
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