Skip to main content

13100 support intact. Nifty Heading towards 13900-14000.

 Nifty cooled off bit from over bought zone and took support near 13130 and bounced back.

Nifty successfully breakout 13500 level and now heading towards 14000+ levels positionally.

Recent dip was a good buying opportunity for traders to enter new long positions.

Fall was corrective nature and impulsive bounce is due.

many of stocks witnessed minor correction and upmove is due and its started.

Pharma and banking stocks looks good for short term long trades.

Support 13130-13000.

Upside targets 13900-14000.

Regards,

Suryadev Bandari

Research Analyst

www.earningwave.com



Labels:

Comments

Post a Comment

Popular posts from this blog

#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    
Post a Comment
Read more

LIVE ON DOORDARSHAN 8 YADAGIRI "BUSINESS MUCHATLU"

Post a Comment
Read more

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
Post a Comment
Read more