Nifty bounced from 5850+ with lower volumes and neutral breadth. Important points for today.
1. Nifty flat with 0.9 breadth.
2. 637th day since the highs of 6338, 360th day since the lows of 4531.
Nifty is stuck at same point since last 3 days.This is the 3rd week of reversal from 6229 after 5 weeks of upmove.short term trend remains sideways with -ve bias till Nifty breaches 5850/5950 levels. weekly range is 142 points after todays move.
1. Nifty flat with 0.9 breadth.
2. 637th day since the highs of 6338, 360th day since the lows of 4531.
Nifty is stuck at same point since last 3 days.This is the 3rd week of reversal from 6229 after 5 weeks of upmove.short term trend remains sideways with -ve bias till Nifty breaches 5850/5950 levels. weekly range is 142 points after todays move.
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