Tuesday, June 4, 2013

Jun4 update

Nifty drifted down with lower volumes and neutral breadth. Important points for today.

1. Nifty down by 0.3% with 1.0 breadth.
2. 635th day since the highs of 6338, 358th day since the lows of 4531.

Nifty went further down towards 5900 levels. Nifty is drifting down and is trading just below support levels of 5950. Next support is around 5600-5700 levels. Range for this week is 101 points in 2 days.

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