Nifty went past 5550 levels with low volumes and +ve breadth. Important points for today.
1. Nifty up by 1.5% with 2.2 breadth.
2. 698th day since the highs of 6338, 416th day since the lows of 4531.
Nifty closed above the previous resistance point of 5504-5528. 5700 is the next resistance but 5950 is the main resistance for Nifty now.Today was 4th consecutive up day of Nifty. Todays range was 86 points. August had the highest monthly range of this year at 690 points.Short term Nifty is Up.
1. Nifty up by 1.5% with 2.2 breadth.
2. 698th day since the highs of 6338, 416th day since the lows of 4531.
Nifty closed above the previous resistance point of 5504-5528. 5700 is the next resistance but 5950 is the main resistance for Nifty now.Today was 4th consecutive up day of Nifty. Todays range was 86 points. August had the highest monthly range of this year at 690 points.Short term Nifty is Up.
No comments:
Post a Comment