Nifty reacted downside with low volumes and neutral breadth. Important points for today.
1. Nifty down by 0.6% with 1.0 breadth.
2. 645th day since the highs of 6338, 368th day since the lows of 4531.
Nifty resisted from 5850+ levels and closed in the red today. Nifty is likely to negotiate 5850-5900 levels this week. How it behaves shapes up the character of this upmove as bounce or reversal.This week's range stands at 93 points in 2 days.
1. Nifty down by 0.6% with 1.0 breadth.
2. 645th day since the highs of 6338, 368th day since the lows of 4531.
Nifty resisted from 5850+ levels and closed in the red today. Nifty is likely to negotiate 5850-5900 levels this week. How it behaves shapes up the character of this upmove as bounce or reversal.This week's range stands at 93 points in 2 days.
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