Skip to main content

Posts

Bulls get strength only above 25700 level.

 Nifty cmp 25575. Trading below our previous support level 25700. Now its in consolidation phase, as soon as it breakout this consolidation and move above 25700 , then up move begins towards new highs. Till then consolidation process continues in 25500-700 range. Keep strict stoploss to long positions. Long term investors keep eye on 25100-25000 zone. as long as this zone holds, major trend remains up and Buy on dip mode On. regards, suryadev bandari research analyst
Post a Comment
Read more
Recent posts

Nifty medium term support near 25700-25800 zone. Up move can begin from here

 #nifty cmp 25810.  as per below chart, its near to its medium term support level.25700.  Upmove can begin from this range towards 27000+ in coming weeks.   stoploss below 25700.  Close above 25950 can be confirmation of bottom formation.  #investing #tradingview #stockmarkets
Post a Comment
Read more

Nifty trend weak below 25960.

 #nifty cmp 25882.  Key resistance at 25960.  As long as it trades below it, trend remain bearish.  Down side supports at 25820/25760/720. keep strict stoploss. #elliottwave #stockmarkets #investing #tradingview
Post a Comment
Read more

Banknifty at the finishing level of Wave 5. Stay alert.

 #Banknifty cmp 59467. As per #elliottwave pattern, its in final levels of wave 5 and any time it can give up its ongoing upmove and take U turn and turn downside.  Stay alert. Keep strict stoploss. Regards, Suryadev Bandari Research analyst
1 comment
Read more