Bulls absorbed yesterday's selling pressure and held Ground. Trend Up.

Yesterday, Due to RBI policy markets witnessed sharp selling pressure at higher levels but Bulls able to sustain crucial supports. Today Markets moving up with minor gap up.
Trend Remains Up.
Buy on Dip mode.
As long as Nifty holds 12000-11950 zone, Its trend up and moves towards 12100-12150+ levels.
Short Term Technical Indicator in Buy mode and bouncing from Oversold zones.
Most probably this upmove likely to continue further.
Upward targets 12100-12150+
Supports 12000-11950-11900.
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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