Previous Highz broken out, Heading for new Highz

As expected, Bulls successfully breakout previous highz and recorded new Highz.
This upmove to continue further towards 12300-12350 zone initially.
Key support exists at 12160 spot.
Previous High acts as strong support now.
Avoid short selling at highs. Bulls in Action now.
Many stocks bouncing from support levels.
Banknifty likely to push nifty upward.
Buy on Dips market.
Resistance 12300-12350.
Supports at 12160-12140.
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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