Last close 11705.35
The Nifty futures till now has been respecting its rising channel and a support trend line….But today or any time during this week we are going to witness rising channel break out…yes….bullish breakout from channel…..huge spurt again on card….!!! Despite broad-based gains, there is no major change on the top stock contributor front which are going to play important role when ever needed. Sentiment also got a boost on unabated buying by domestic institutional investors and fresh foreign fund inflows. One can stay invested keeping stop loss of 11614 and enjoy bull run upto 11748, Cross over will take this to 11798…!!!!! Above 11798…..Another spurt of 100 points not ruled out.!!!