Nifty moved around 6200 levels amid moderate volumes and +ve breadth. Important points for today.
1. Nifty down by 0.3% with 1.4 breadth.
2. 88th day since the lows of 5118, 65th day since the lows of 5700.
Nifty didnt do anything today. Todays range was 54 points. On upper side 6230-6250 is significant resistance While on downside 6130 is the support level. Breach of either of these levels could see 50+ points fyrther in the direction of breach. Monthly range till today stands at 188 points.
1. Nifty down by 0.3% with 1.4 breadth.
2. 88th day since the lows of 5118, 65th day since the lows of 5700.
Nifty didnt do anything today. Todays range was 54 points. On upper side 6230-6250 is significant resistance While on downside 6130 is the support level. Breach of either of these levels could see 50+ points fyrther in the direction of breach. Monthly range till today stands at 188 points.
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