Nifty surpassed 7400 levels and closed above it with high volumes and +ve breadth. Important points for today.
1. Nifty closed up 0.7% with 1.65 breadth.
2. 185th day since the lows of 5118, 78th day since the lows of 5933.
Nifty closed above 7400 levels with a range of 82 points.Highest closing. Nifty is bumping into resistance zone near 7500 now. This will be the 3rd attempt of Nifty at 7500. Failure here could lead to fall below 7200 but if 7350 acts as support on fall from 7500+ then New highs may happen.Weekly/Monthly range stand at 185 points.
1. Nifty closed up 0.7% with 1.65 breadth.
2. 185th day since the lows of 5118, 78th day since the lows of 5933.
Nifty closed above 7400 levels with a range of 82 points.Highest closing. Nifty is bumping into resistance zone near 7500 now. This will be the 3rd attempt of Nifty at 7500. Failure here could lead to fall below 7200 but if 7350 acts as support on fall from 7500+ then New highs may happen.Weekly/Monthly range stand at 185 points.
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