Nifty opened gap up with higher volumes and neutral breadth. Important points for today.
1. Nifty up by 1.35% with 1.0 breadth.
2. 67th day since the lows of 5118, 44th day since the lows of 5700.
Nifty opened above 6250 and touched 6300 but could not sustain higher levels and closed below 6250 levels. Today's range was 68 points though Nifty closed with a gain of 81 points. Nifty still has a gap at 6209 yet to be filled. Weekly range till now is 151 points. If Nifty sustains around 6250 tomorrow then doors for higher levels above 6350 remain open for next week.
1. Nifty up by 1.35% with 1.0 breadth.
2. 67th day since the lows of 5118, 44th day since the lows of 5700.
Nifty opened above 6250 and touched 6300 but could not sustain higher levels and closed below 6250 levels. Today's range was 68 points though Nifty closed with a gain of 81 points. Nifty still has a gap at 6209 yet to be filled. Weekly range till now is 151 points. If Nifty sustains around 6250 tomorrow then doors for higher levels above 6350 remain open for next week.
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