Nifty made a new high Intraday and closed just below 7800 with higher volumes and -ve breadth. Important points for today.
1. Nifty up by 0.35% with 0.6 breadth.
2. 221st day since the lows of 5118, 114th day since the lows of 5933.
Nifty closed at all time highs today. Today was 7th consecutive up day and range was 57 points. Momentum seems to be waning. If Nifty goes past 7800 without a Dip, then not much upside is seen. 7650 keeps the upside alive for further new highs.
1. Nifty up by 0.35% with 0.6 breadth.
2. 221st day since the lows of 5118, 114th day since the lows of 5933.
Nifty closed at all time highs today. Today was 7th consecutive up day and range was 57 points. Momentum seems to be waning. If Nifty goes past 7800 without a Dip, then not much upside is seen. 7650 keeps the upside alive for further new highs.
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