Nifty bounced strongly towards 5700 levels with moderate volumes and neutral breadth. Important points for today.
1. Nifty up by 1.7% with 1.15 breadth.
2. 652nd day since the highs of 6338, 374th day since the lows of 4531.
Nifty closed well above 5650 levels.How far this rally stretch will indicate whether Nifty has put in bottom around 5550 or not.Nifty's Weekly range is 133 points till today while monthly range is 445 and quarterly range is 752 points.
1. Nifty up by 1.7% with 1.15 breadth.
2. 652nd day since the highs of 6338, 374th day since the lows of 4531.
Nifty closed well above 5650 levels.How far this rally stretch will indicate whether Nifty has put in bottom around 5550 or not.Nifty's Weekly range is 133 points till today while monthly range is 445 and quarterly range is 752 points.
No comments:
Post a Comment