Nifty unlikely to breach 5660 in the short term - Microsec

Last week Nifty started to trade with a red session and then it continuously fell to make a low of 5683.10 on Thursday. However, some pullback rally to 1519 was seen on Friday. At last it ended the week with a net loss of 1.23%.

On the sectoral front, the selling was witnessed across the board. However, Realty, Metal, Banking, PSU and Consumer durable stocks lead to a decline.

Now, Nifty is unlikely to breach the level of 5660 in the short term.

Source : Equity Bulls

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