Nifty moved in 95 point range with upward bias and moderate volumes. Important points for today.
1. Nifty up by 0.3% with 1.0 breadth.
2. 261st day since the lows of 5118, 154th day since the lows of 5933.
Nifty closed just below 8150 level. Nifty is finding resistance at 8150+ but 8100 is acting as a base for Nifty . Nifty in the absence of trigger can slide upto 8300+ levels. Event based trigger is needed to take Nifty past the resistance zone as Nifty remains in upside but momentum is missing.
1. Nifty up by 0.3% with 1.0 breadth.
2. 261st day since the lows of 5118, 154th day since the lows of 5933.
Nifty closed just below 8150 level. Nifty is finding resistance at 8150+ but 8100 is acting as a base for Nifty . Nifty in the absence of trigger can slide upto 8300+ levels. Event based trigger is needed to take Nifty past the resistance zone as Nifty remains in upside but momentum is missing.
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