Nifty moved sideways with moderate volumes and +ve breadth. Important points for today.
1. Nifty flat with 1.5 breadth.
2. 706th day since the highs of 6338, 424th day since the lows of 4531,89 weeks since the lows of 4531.
Nifty moved around 5850 in a narrow range of 62 points.This week's range was 194 points.Nifty is in sideways corrective mode since last 3 days. But pricewise Nifty has sustained 5800 levels this week. 5700 on lower side and 6000 on higher side are significant levels to watch out for. Breach of either of these levels may seen sudden moves. Monthly range till today stands at 614 points.
1. Nifty flat with 1.5 breadth.
2. 706th day since the highs of 6338, 424th day since the lows of 4531,89 weeks since the lows of 4531.
Nifty moved around 5850 in a narrow range of 62 points.This week's range was 194 points.Nifty is in sideways corrective mode since last 3 days. But pricewise Nifty has sustained 5800 levels this week. 5700 on lower side and 6000 on higher side are significant levels to watch out for. Breach of either of these levels may seen sudden moves. Monthly range till today stands at 614 points.
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