Nifty moved further up towards 8150 amid higher volumes and neutral breadth. Important points for today.
1. Nifty up by 0.4% with 1.0 breadth.
2. 248th day since the lows of 5118, 141st day since the lows of 5933.
Nifty closed midway of today's range of 49 and above 8100 levels. Nifty now faces Trendline resistance @8150+. Pullback is likely in next 1-2 days with 7950-7984 as good support. Weekly/Quarterly range stands at 157/719 points.
1. Nifty up by 0.4% with 1.0 breadth.
2. 248th day since the lows of 5118, 141st day since the lows of 5933.
Nifty closed midway of today's range of 49 and above 8100 levels. Nifty now faces Trendline resistance @8150+. Pullback is likely in next 1-2 days with 7950-7984 as good support. Weekly/Quarterly range stands at 157/719 points.
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