Nifty moved further up with higher volumes and neutral breadth. Important points for today.
1. Nifty moved up by 0.4% with 1.0 breadth.
2. 159th day since the lows of 5118, 52nd day since the lows of 5933.
Nifty moved towards 6850 though closed below it. Todays range was 41 points and weekly/Monthly range now stands at 75/211 points. Nifty is likely to expand further its monthly range by around 100 points in next 4 days left. upside expansion looks more likely from here.
1. Nifty moved up by 0.4% with 1.0 breadth.
2. 159th day since the lows of 5118, 52nd day since the lows of 5933.
Nifty moved towards 6850 though closed below it. Todays range was 41 points and weekly/Monthly range now stands at 75/211 points. Nifty is likely to expand further its monthly range by around 100 points in next 4 days left. upside expansion looks more likely from here.
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