Nifty dropped down below 6750 with moderate volumes and -ve breadth. Important points for today.
1. Nifty down by 0.6% with 0.7 breadth.
2. 154th day since the lows of 5118, 47th day since the lows of 5933.
Nifty tested lower 6700 levels today. 6650-6850 is the broad range for Nifty currently. Todays range was 102 points. Nifty may move in this range for some more days before taking a upmove for 7000+ levels. This is 9th week from 5933.
1. Nifty down by 0.6% with 0.7 breadth.
2. 154th day since the lows of 5118, 47th day since the lows of 5933.
Nifty tested lower 6700 levels today. 6650-6850 is the broad range for Nifty currently. Todays range was 102 points. Nifty may move in this range for some more days before taking a upmove for 7000+ levels. This is 9th week from 5933.
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