Nifty achieved 11500 target and tested 11400 spot level too. Now its possible to retest 11500 resistance from here.

Nifty achieved 11500 target and even tested 11400 spot level today. Now its possible to retest 11500 resistance one time before heading lower level. Hence, book profits in short positions once at current levels 11400 and wait for minor bounce towards 11500-11510 zone.
Regards,
Suryadev Bandari
Research Analyst
www.earningwave.com

Comments

LIVE ON DOORDARSHAN 8 YADAGIRI "BUSINESS MUCHATLU"

#nifty poised to make new all time high soon.

#nifty cmp 22597. #Bulls strongly holding key supports. 22350-440 zone. As long as nifty trades above this zone, its poised to make breakout all time high. Upside resistance trendline around 23110-23250 zone. Regards, Suryadev Bandari Research Analyst #tradingview #investing #stockmarkets #elliottwave #earningwave #suryadev

Stay alert. Market loosing bull grip. Prepare for selloff.

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

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