Nifty dipped below 7500 level but closed above it with higher volume and neutral breadth. Important points for today.
1. Nifty down by 0.1% with 1.0 breadth.
2. 194th day since the lows of 5118, 87th day since the lows of 5933.
Nifty closed mildly in the red. Nifty took support in the gap region at 7487 today. Todays range was 61 points and Nifty closed flat. Bounce from Gap area did not happen,and Nifty moved up from there to close flat. Close below 7500 will turn Nifty -ve, Else Nifty can bounce to new highs in this week.
1. Nifty down by 0.1% with 1.0 breadth.
2. 194th day since the lows of 5118, 87th day since the lows of 5933.
Nifty closed mildly in the red. Nifty took support in the gap region at 7487 today. Todays range was 61 points and Nifty closed flat. Bounce from Gap area did not happen,and Nifty moved up from there to close flat. Close below 7500 will turn Nifty -ve, Else Nifty can bounce to new highs in this week.
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