Nifty slipped further down below 6150 with moderate volumes and neutral breadth. Important points for today.
1. Nifty down by 0.5% with 0.85 breadth.
2. 89th day since the lows of 5118, 66th day since the lows of 5700.
Nifty again attempted to go above 6220 but failed and closed just above 6150 levels.Today range was 77 points and Weekly and Monthly range now stands at 80/214 points.Only Close above 6250 will indicate reversal.On Lower side 6100-6130 are support levels
1. Nifty down by 0.5% with 0.85 breadth.
2. 89th day since the lows of 5118, 66th day since the lows of 5700.
Nifty again attempted to go above 6220 but failed and closed just above 6150 levels.Today range was 77 points and Weekly and Monthly range now stands at 80/214 points.Only Close above 6250 will indicate reversal.On Lower side 6100-6130 are support levels
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