Monday, May 12, 2014

May12 Update


1. Nifty up by 2.5% with 1.0 breadth.
2. 170th day since the lows of 5118, 63rd day since the lows of 5933.

Nifty closed above 7000 levels today and had range of 158 points.In 2 days , Nifty has moved about 5.7% from 6638. Nifty is in strong momentum and likely to continue its upward run till momentum weakens. Monthly range stands at 382 points as of today.

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