Earning Wave

 Nifty banknifty both oversold and likely to take a pause. Close Above 25485 Bullish for nifty, Close Below 24800 Bearish. Close Above 52600 Bullish for Banknifty and Close Below 51190 Bearish. wait and watch mode now.  Regards, Suryadev Bandari Research Analyst

 It appears that nifty banknifty both found medium term bottom today. Today's lows #nifty 25095 and #banknifty 51680 appears to be medium term #bottom for both indices. #bulls likely to step in and lift higher. #tradingview #investing #stockmarkets #elliottwave #earningwave

 Nifty heading towards 25000+ levels Banknifty heading towards 54500-55000 levels. Buy on dip mode Key supports for nifty 24200-150 zone. Key supports for Banknifty 51750-500 zone. as long as above levels holds, market moves higher. Regards, Suryadev Bandari Research Analyst

 Nifty trading below 20dma 22560. First sign of weakness. more downside possible ahead. Reduce long positions. Next key levels 22060-21800. Regards, Suryadev Bandari Research analyst

As expected, minor retracement done today opening.  Now markets likely to resume upmove towards new highs. cover your shorts, if any.   regards, suryadev bandari research analyst  

 As expected nifty turned bullish above 22800 level and made new high today at 23110 and showing some kind of profit booking. So what's next.??? It may dip towards 22800-780 zone minimum from here. Contrarily, close above 23130 would again turns bullish. Hence, 23130 is negation level for this bearish view. Book profits wherever possible. at least in partial profit booking. Regards, suryadev bandari research analyst