Nifty moved sideways in narrow range with low volumes and neutral breadth. Important points for today.
1. Nifty down by 0.15% with 0.9 breadth.
2. 113th day since the lows of 5118, 65th day since the highs of 6342.
Nifty moved in 37 point range today in a directionless manner.Sustaining 6020 levels for another 1-2 days , Nifty is likely to test its main resistance zone at 6190+ in next few days of this week though 6130 is also resistance area for Nifty. Today was 4th day of reversal from 5933. Range for this month stands at 150 points till now.
1. Nifty down by 0.15% with 0.9 breadth.
2. 113th day since the lows of 5118, 65th day since the highs of 6342.
Nifty moved in 37 point range today in a directionless manner.Sustaining 6020 levels for another 1-2 days , Nifty is likely to test its main resistance zone at 6190+ in next few days of this week though 6130 is also resistance area for Nifty. Today was 4th day of reversal from 5933. Range for this month stands at 150 points till now.
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