Nifty 500 – 02.02.2018.

Daily Sentiment: Bullish.

Weekly Sentiment: Bullish.

Trend Strength: Moderate

First Target: 9607 (Pivot point)

Channel support can be moved lower if needed.

Main for NIFTY500 is to stay above 9205.

If there is close below this level further weakness is more likely.

If support holds rise will resume.

Close above Pivot point would confirm further rise towards previous highs.

Advertisements

Share Your Thoughts

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

Powered by WordPress.com.

Up ↑