Thursday, February 6, 2014

Feb6 Update

Nifty opened in the green but got resisted at 6050 with moderate volumes and neutral breadth. Important points for today.

1. Nifty up by 0.2% with 0.9 breadth.
2. 111th day since the lows of 5118, 63rd day since the highs of 6342.

Nifty closed in the green today with a range of 83 points. Nifty is in short term uptrend and faces resistance at 6110-6130 levels. Nifty may undergo 1 more fall if it gets resisted below 6150. This week's range till now is 141 points.

No comments:

Post a Comment