Counter move from 11770-11990 completed. Now impulsive down move to begin from here towards 11800

Nifty fell from 12100-11770 and retraced 61% of previous fall. Now impulsive down wave is due from here. Impulsive down waves often steeper corrections. Be alert on holding long positions. Below 11870 free fall in market.
Regards,
Suryadev Bandari
Research Analyst

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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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