Skip to main content

After sideways consolidation, market back into upmove. Next targets 15920-16050.

 NIfty cmp 15826.

After spending time in sideways consolidation, market back into upmove.

Bulls can take nifty upto 15920 first, then 16050 zone.

Supports at 15745 and 15670. 

investors and traders can initiate fresh long positions in quality stocks

Once nifty surpass 15840 resistance level, then bulls will control the market.

Shorts squeeze can begin above 16000 level.

Avoid fresh short selling.

Regards,

Suryadev Bandari

Research Analyst

www.earningwave.com

 


 


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