Downside target 11265 almost achieved today. Pull back rally due.

Nifty wave3 target approx 11265 achieved today. Day low 11270.
From here, we can expect minor pull back rally in the form of wave 4 bounce possible today.
Avoid fresh short selling.
Bulls can step in at current levels and push market upward.
Short sellers can cover short sell positions as any time we may witness sharp short covering rally.
Keep stoploss 11200 for long positions. Upward target can be 11370-11400.
Initiate long positions with strict stoploss.
Regards,
Suryadev Bandari
Research Analyst

#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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