Nifty slid further towards 6200 levels with moderate volumes and neutral breadth. Important points for today.
1. Nifty down by 0.6% with 1.1 breadth.
2. 458th day since the lows of 4531, 47th day since the swing lows of 5118, 24th day since the swing lows of 5700.
Nifty closed in the red for the second consecutive day. 6050-6150 is likely to give support and unless this breaks , expect Nifty to bounce back to 6400+ in coming days. Today's range was 61 points and monthly range is 134 points till now.
1. Nifty down by 0.6% with 1.1 breadth.
2. 458th day since the lows of 4531, 47th day since the swing lows of 5118, 24th day since the swing lows of 5700.
Nifty closed in the red for the second consecutive day. 6050-6150 is likely to give support and unless this breaks , expect Nifty to bounce back to 6400+ in coming days. Today's range was 61 points and monthly range is 134 points till now.
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