Nifty powered by big with high volumes and +ve breadth. Important points for today.
1. Nifty up by 3.0% with 1.6 breadth.
2. 169th day since the lows of 5118, 62nd day since the lows of 5933.
Nifty closed at all time high above 6850. Todays range was 219 points,same as the monthly range of April.6950-7150-7350 are the next resistance level of Nifty. Nifty has regained its upward trend after many days of sideways consolidation in 200 point range. Momentum moves may be seen now.
1. Nifty up by 3.0% with 1.6 breadth.
2. 169th day since the lows of 5118, 62nd day since the lows of 5933.
Nifty closed at all time high above 6850. Todays range was 219 points,same as the monthly range of April.6950-7150-7350 are the next resistance level of Nifty. Nifty has regained its upward trend after many days of sideways consolidation in 200 point range. Momentum moves may be seen now.
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