Nifty was sideways today with lower volumes and neutral breadth. Important points for today.
1. Nifty up by 0.15% with 0.9 breadth.
2. 680th day since the highs of 6338, 398th day since the lows of 4531.
Nifty closed flat after moving around 5700 levels. This week could be a deciding week and if Nifty does not break 5600 levels then there is good chance of Nifty having made a bottom around 5650 and it could move higher in coming weeks.Monthly range for August is 237 points till today while Quarterly range is 444 points.
1. Nifty up by 0.15% with 0.9 breadth.
2. 680th day since the highs of 6338, 398th day since the lows of 4531.
Nifty closed flat after moving around 5700 levels. This week could be a deciding week and if Nifty does not break 5600 levels then there is good chance of Nifty having made a bottom around 5650 and it could move higher in coming weeks.Monthly range for August is 237 points till today while Quarterly range is 444 points.
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