Nifty slipped further down amid moderate volumes and -ve breadth. Important points for today.
1. Nifty down by 0.7% with 1.9 breadth.
2. 162nd day since the lows of 5118, 55th day since the lows of 5933.
Nifty closed below 6750 today. Momentum has tuned down unless Nifty manages to close above 6750. Today's range was 71 points and Monthly range remains at 219 points with 1 day to go. 6600 -6650 is good support level of Nifty if 6700 is breached.
1. Nifty down by 0.7% with 1.9 breadth.
2. 162nd day since the lows of 5118, 55th day since the lows of 5933.
Nifty closed below 6750 today. Momentum has tuned down unless Nifty manages to close above 6750. Today's range was 71 points and Monthly range remains at 219 points with 1 day to go. 6600 -6650 is good support level of Nifty if 6700 is breached.
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