Nifty 50 – 02.02.2018.

Daily Sentiment: Bullish.

Weekly Sentiment: Bullish.

Trend Strength: Strong

First Target: 11171 (Pivot point)

While NIFTY holds inside this channel trend is strong and rise can resume in any moment.

Currently we could see fall towards Support zone which is potential Buying zone.

Close below 10530 would cancel buying and we could see further weakness.

If NIFTY stays above Support zone I think you can stay long for long-term.

In bigger picture, while NIFTY holds above this Support zone it has potential to reach 13000 mark.

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