Nifty completed counter trend move . Now heading towards gap level 11625-11595.

Nifty completed counter trend move. As expected market waited for Union Budget and resumed its downward move. Now nifty heading towards gap made on Exit polls day.
Next downside target would be 11625-11595.
Regards,
Suryadev Bandari
Research Analyst

Sent from my iPhone

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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