Nifty surpassed 6350 again but closed below it amid narrow range and moderate volumes. Important points for today.
1. Nifty up by 0.1% with 0.75 breadth.
2. 101st day since the lows of 5118, 78th day since the lows of 5700.
Nifty moved in narrow range and closed mildly in the green. Today range was 39 points. Nifty has closed above 6300 , 4 days in a row though range is narrow. Nifty is attempting 6350 level 3rd time in last 3 months. This resistance is likely diluted now in 3rd attempt as Nifty is surviving above 6300 levels now. Weekly/Monthly range stand at 112/219 points till today with 6 days to go in this month.
1. Nifty up by 0.1% with 0.75 breadth.
2. 101st day since the lows of 5118, 78th day since the lows of 5700.
Nifty moved in narrow range and closed mildly in the green. Today range was 39 points. Nifty has closed above 6300 , 4 days in a row though range is narrow. Nifty is attempting 6350 level 3rd time in last 3 months. This resistance is likely diluted now in 3rd attempt as Nifty is surviving above 6300 levels now. Weekly/Monthly range stand at 112/219 points till today with 6 days to go in this month.
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