Nifty bounced today and closed above 6300 with moderate volumes and neutral breadth. Important points for today.
1. Nifty up by 0.7% with 1.2 breadth.
2. 98th day since the lows of 5118, 75th day since the lows of 5700.
Nifty bounced towards mid morning and retained its gain till closing to close above 6300 levels. If Nifty sustains todays gain for next 2 days then new highs are likely to happen in this week above 6450. Todays range was 64 points, While Monthly range stands at 219 points till today.
1. Nifty up by 0.7% with 1.2 breadth.
2. 98th day since the lows of 5118, 75th day since the lows of 5700.
Nifty bounced towards mid morning and retained its gain till closing to close above 6300 levels. If Nifty sustains todays gain for next 2 days then new highs are likely to happen in this week above 6450. Todays range was 64 points, While Monthly range stands at 219 points till today.
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