Nifty traded in narrow range above 8000 level with moderate volumes and +ve breadth. Important points for today.
1. Nifty up by 0.4% with 1.2 breadth.
2. 281st day since the lows of 5118, 173rd day since the lows of 5933.
Nifty closed above 8000 level today. Today was an inside day and 7th day since the lows of 7723. 7950-8100 is the current range of Nifty. Breakout of this range should result in significant move on the side of breakout. Monthly range remains at 341 points till today.
1. Nifty up by 0.4% with 1.2 breadth.
2. 281st day since the lows of 5118, 173rd day since the lows of 5933.
Nifty closed above 8000 level today. Today was an inside day and 7th day since the lows of 7723. 7950-8100 is the current range of Nifty. Breakout of this range should result in significant move on the side of breakout. Monthly range remains at 341 points till today.
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