Nifty moved further up towards 5900+ levels with moderate volumes and +ve breadth. Important points for today.
1. Nifty up by 1% with 3.2 breadth.
2. 654th day since the highs of 6338, 376th day since the lows of 4531.
Nifty inched closer to 5900 levels. Today's range was 82 points. Nifty has bounced strongly from 5566 levels and momentum seems intact as of now.Nifty may either be in sideways consolidation range that started from 6111(late jan'13) OR this may be an impulsive move.
1. Nifty up by 1% with 3.2 breadth.
2. 654th day since the highs of 6338, 376th day since the lows of 4531.
Nifty inched closer to 5900 levels. Today's range was 82 points. Nifty has bounced strongly from 5566 levels and momentum seems intact as of now.Nifty may either be in sideways consolidation range that started from 6111(late jan'13) OR this may be an impulsive move.
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