Wednesday, June 12, 2013

Jun12 Update

Nifty slipped further below 5750 with moderate volumes and -ve breadth. Important points for today.

1. Nifty down by 0.5% with 0.55 breadth.
2. 641st day since the highs of 6338,364th day since the lows of 4531.

Nifty dipped further towards 5750 today. Nifty remains weak , though downside momentum in short term appears to be tapering for now. Weekly range is 193 points till today.

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