Nifty range shifted down. Bulls and Bears fighting for 11550 level.

Nifty breached 11680 supporting trendline and trading below it. Now Bulls crucial support is at 11550 spot level. Bulls failed to hold opening higher levels and fall back below 11600 level. Now 11550 spot level plays trend deciding level for next direction. Once this support breaks down, today or tomorrow, bears likely to steer the market.
Regards,
Suryadev Bandari
Research Analyst

Comments

#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

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Once again market turned bullish.

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

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