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NIFTY SHOW-VOLATILE SESSIONS

Nifty ends in red losing 16 odd points,the market breadth being negative with 604 advances to 873 declines.Today market witnessed a volatile session ,both the intraday day support and resistance were tested.Nifty managed to stay above 5210 from where it had bounced yesterday.As we move forward nifty is pushed in a narrow range where a breakout becomes evident.
                                                                                              Since nifty is being trading in consolidation phase for past few weeks ,we can expect a significant breakout.Today we have experienced a n increase in market activity,hence we can expect a breakout soon.The either side breakout  result remains same as mentioned earlier.

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