Nifty slipped to sub 5950 levels but closed above it with higher volumes and -ve breadth. Important points for today.
1. Nifty up by 0.3% with 0.63 breadth.
2. 668th day since the highs of 6338, 386th day since the lows of 4531.
Nifty managed to close in the green today. Nifty remains in dicey state regarding its current move. Though bias is +ve but any breach of lower levels may turn the outlook to -ve. If Nifty manages to cross 6050 then expected to go to new highs in next 1 month. Range for this week stands at 128 points till today and monthly range is 268 points.
1. Nifty up by 0.3% with 0.63 breadth.
2. 668th day since the highs of 6338, 386th day since the lows of 4531.
Nifty managed to close in the green today. Nifty remains in dicey state regarding its current move. Though bias is +ve but any breach of lower levels may turn the outlook to -ve. If Nifty manages to cross 6050 then expected to go to new highs in next 1 month. Range for this week stands at 128 points till today and monthly range is 268 points.
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