Nifty scaled new highs with high volumes and +ve breadth. Important points for today.
1. Nifty up by 0.95% with 3.0 breadth.
2. 189th day since the lows of 5118, 82nd day since the lows of 5933.
Nifty closed at new highs today above 7600 levels. Today was 2nd consecutive close above May16 peak of 7563. Todays range was 93 points and Monthly range now stands at 434 points. Momentum in Nifty is good but slow right now. Surviving above 7550, Nifty may keep the upside momentum going.
1. Nifty up by 0.95% with 3.0 breadth.
2. 189th day since the lows of 5118, 82nd day since the lows of 5933.
Nifty closed at new highs today above 7600 levels. Today was 2nd consecutive close above May16 peak of 7563. Todays range was 93 points and Monthly range now stands at 434 points. Momentum in Nifty is good but slow right now. Surviving above 7550, Nifty may keep the upside momentum going.
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