Nifty opened gap up and retained the gap closing just below 8000 level with moderate volumes and +ve breadth. Important points for today.
1. Nifty up by 0.9% with 2.0 breadth.
2. 278th day since the lows of 5118, 170th day since the lows of 5933.
Nifty closed just below 8000 level after opening gap up. Today was 4th consecutive day of upmove from 7724. Today's range was 31 points and weekly/Monthly range now stands at 149/282 points. Nifty has broken and closed above previous swing high of 7977. Nifty ,Now sustaining above 7950 level is headed for new highs in coming days.
1. Nifty up by 0.9% with 2.0 breadth.
2. 278th day since the lows of 5118, 170th day since the lows of 5933.
Nifty closed just below 8000 level after opening gap up. Today was 4th consecutive day of upmove from 7724. Today's range was 31 points and weekly/Monthly range now stands at 149/282 points. Nifty has broken and closed above previous swing high of 7977. Nifty ,Now sustaining above 7950 level is headed for new highs in coming days.
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