Nifty opened gap up above 7600 level and retained the gap till close. Important points for the day.
1. Nifty closed up 0.75% with 1.55 breadth.
2. 233rd days since the lows of 5118, 126th day since the lows of 5933.
Nifty closed above 7600 level and range was 37 points. Nifty has formed a short term bottom at 7540. Falling trendline is at 7700 ,which if crossed then 7750-7800 will be the last resistance. Monthly range stands at 212 points till today.
1. Nifty closed up 0.75% with 1.55 breadth.
2. 233rd days since the lows of 5118, 126th day since the lows of 5933.
Nifty closed above 7600 level and range was 37 points. Nifty has formed a short term bottom at 7540. Falling trendline is at 7700 ,which if crossed then 7750-7800 will be the last resistance. Monthly range stands at 212 points till today.
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