Bulls breaks 11981 resistance and heading towards 12100+ levels.

Finally,
Bulls got strength around 11850 zone and bounced back to 11981 level and breakout.
Now 11850-11800 acts as support zone and resistance moved higher toward 12100+ level.
Hence, market in Buy on Dips mode.
Avoid building Agressive Short Sell positions and initiate fresh long positions as long as nifty holds 11850-11800 support 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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