Nifty bounced back above 6100 with lower volumes and +ve breadth. Important points for today.
1. Nifty up by 1.1% with 1.5 breadth.
2. 122nd day since the lows of 5118, 74th day since the highs of 6342.
Nifty closed above 6150 today. 6086 provided support to Nifty for bounce back. Nifty is now headed into 6190-6260 level. This level is significant resistance. Nifty if crosses 6300 level, will attempt new highs above 6400, Else it could retest 5950 levels again. Weekly/Monthly range stand at 122/227 points till today.
1. Nifty up by 1.1% with 1.5 breadth.
2. 122nd day since the lows of 5118, 74th day since the highs of 6342.
Nifty closed above 6150 today. 6086 provided support to Nifty for bounce back. Nifty is now headed into 6190-6260 level. This level is significant resistance. Nifty if crosses 6300 level, will attempt new highs above 6400, Else it could retest 5950 levels again. Weekly/Monthly range stand at 122/227 points till today.
No comments:
Post a Comment