Wednesday, January 8, 2014

Jan8 Update

Nifty moved sideways in narrow range with +ve bias. Important points for today.

1. Nifty up by 0.2% with 1.3 breadth.
2. 90th day since the lows of 5118, 67th day since the lows of 5700.

Nifty moved in 32 point range today and closed just above yesterday's close. Weekly and Monthly range was unchanged today and remains at 80/214 points.6150-6250 is the range Nifty is stuck in currently.

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