Thursday, September 26, 2013

Sep26 Update

Nifty moved in a narrow range with moderate volumes and neutral breadth. Important points for today.

1. Nifty up by 0.15% with 1.15 breadth.
2. 715th day since the highs of 6338, 433rd day since the lows of 4531, 21st day since the swing lows of 5118.

Nifty's range today was only 53 points and closed mildly in the green. Nifty is confined within 100+ point range of 5810-5940 since last 3-4 days. 5700 is the major support and 5950/6050 are the main resistance. Weekly range remains at 178 points and monthly range at 824 points till today.

No comments:

Post a Comment