Earning Wave

  #nifty cmp 22548. day High 22676.75. Key #support to watch 22465. Close below this level means, upside counter trend bounce has completed at today's high and vulnerable to breakdown recent lower level 21964. Stay alert. #investing #tradingview #stockmarketsIndia #elliottwave Regards, Suryadev Bandari Research Analyst

  #nifty cmp 22520. It appears that as per updated chart pattern, minor abc counter trend pattern, appears to be completed at today high. Its time to stay alert. In this case, recent low 22000-21900 zone can be break in coming sessions. #investing #tradingview #stockmarkets regards, Suryadev Bandari Research Analyst

 Nifty as expected at 22250 fall to 22020-10 zone and bouncing from there. Technically 22045 is very crucial level on closing basis.  Technically highly over sold zone now. If bulls able to hold 22045 level on closing basis, nifty can take some breather by minor rally from current levels towards 22300-600 zone. Trade accordingly,  Incase, bulls fails to hold 22045 on closing basis, we can see severe selloff in coming days. Stay alert. Regards, Suryadev Bandari Research Analyst

 Bulls not getting enough strength to lift nifty towards 22350-450 zone as minor bounce. Hence, further fall expecting from here towards 22000-21800 positionally.  Resistance at 22500-725 zone. key support zone at 22000-21800, Regards, Suryadev Bandari Research analyst

 #Nifty cmp 22235. Oversold now.  Technical pull back can lift nifty up to 22450-475. Key support at 22044-21800.  Regards, Suryadev Bandari Research Analyst

 22800-725 zone is very crucial for Bulls. Once breaks and close below this zone means, more pain ahead in coming sessions. To continue upward momentum, Bulls need to cross key resistance zone 23150-23250 zone. As long as Nifty stay below 23000 psychological support level, trend remains Bearish. Regards, Suryadev Bandari Research Analyst