New lows possible. stay alert.

Nifty facing selling pressure at every bounce.
Buying support not visible at lower levels.
Global news and Fear of COVID-19 dragging markets lower.
Nifty failed to hold above 9500 and drifted lower even below 9000 levels.
Now it appears that wave 5 impulsive down wave dragging markets lower levels, 8600-8500 possible. Unless nifty moves above 9100 level, this selling pressure likely to continue.
Avoid fresh long positions till the dust is settled.
Risk is high on both sides.
trade accordingly.
Regards,
Suryadev Bandari
Research Analyst

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

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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