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Book profits once.

Book profits once as #nifty at critical resistance level and RSI in overbought zone. Minor profit booking can begin anytime. Keep strict stoploss to ling positions. #stockmarkets #tradingview #investing regards suryadev bandari research analyst
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24250-420 crucial support zone for nifty. As long as this zone holds, trend remains UP.

 Nifty trading near 24530-500 zone. Crucial support zone for nifty is at 24250-420.  As long as this zone holds on closing basis, Trend remains Up. More than expected numbers of GDP growth fueling markets and supporting for buyers. next bigger support zone below 24250 is at 23800-750 zone. Keep strict stoploss to long positions. Regards Suryadev Bandari Research Analyst

Below 25150 level weakness

#nifty cmp 25050. reversed from 50% retracement level and heading lower. Now next very crucial support for nifty is at 24950. Close below this level today, can lead further selling pressure tomorrow. Stay alert. #investing #tradingview #elliottwave #earningwave Regards, Suryadev Bandari Research Analyst

Beginning of correction??????

#nifty cmp 25118. Day low 25041..90 Traders stay alert. This can be beginning of next leg of correction. Close anove 25200 only can save nifty from immediate correction. As long as it close below 25200 spot level, trend remains DOWN. Keep stoploss. regards, Suryadev Bandari Research Analyst