Nifty hovered around 6300 levels with moderate volumes and +ve breadth. Important points for today.
1. Nifty up by 0.15% with 1.9 breadth.
2. 79th day since the lows of 5118, 56th day since the lows of 5700.
Nifty closed below 6300 today though it stayed above 6300 for most time.Todays range was 51 points. 6230-6250 is main support of Nifty an 6330-6350 is resistance. Nifty is likely to trade between 6230-6350. Nifty may attempt 6450 in this week as that is trendline resistance of Nifty. Monthly range remains at 286 points
1. Nifty up by 0.15% with 1.9 breadth.
2. 79th day since the lows of 5118, 56th day since the lows of 5700.
Nifty closed below 6300 today though it stayed above 6300 for most time.Todays range was 51 points. 6230-6250 is main support of Nifty an 6330-6350 is resistance. Nifty is likely to trade between 6230-6350. Nifty may attempt 6450 in this week as that is trendline resistance of Nifty. Monthly range remains at 286 points
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