Nifty was sideways today and moved around 6800 with high volumes and neutral breadth. Important points for today.
1. Nifty flat with 1.3 breadth.
2. 152nd day since the lows of 5118, 45th day since the lows of 5933.
Nifty ended the day flat, moving in a narrow range of 42 points and very high volumes. Nifty momentum remains +ve though it is weakening with every rise. Unless Nifty closes below 7ema, upmove to continue. Weekly/Monthly range stands at 169 points.
1. Nifty flat with 1.3 breadth.
2. 152nd day since the lows of 5118, 45th day since the lows of 5933.
Nifty ended the day flat, moving in a narrow range of 42 points and very high volumes. Nifty momentum remains +ve though it is weakening with every rise. Unless Nifty closes below 7ema, upmove to continue. Weekly/Monthly range stands at 169 points.
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