Nifty Midcap 50 – 02.02.2018.

Daily Sentiment: Bullish.

Weekly Sentiment: Bullish.

Trend Strength: Moderate

First Target: 5310 (Pivot point)

NIFTYMIDCAP50 remains Bullish above 4803.

That’s why if it reaches Support zone buying is possible.

Close below Support and further weakness is more likely.

Close above Pivot point would confirm rise towards previous highs.

Close above highs and rise will continue.

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 )

Twitter picture

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

Facebook photo

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

Google+ photo

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

Connecting to %s

Powered by WordPress.com.

Up ↑