Skip to main content

16700 target achived approx. Next higher targets 16850-900.

 Nifty almost achieved my expected target 16700.

Nifty successfully retested breakout level 16375 and got buying support there and bounced back to above 16635 yesterday and today recorded high 16699.70.

This rally likely to continue more towards 16850-900 level positionally.

Any dip is a buying opportunity.

Key supports 16535-450 zone.

Metals and Banking sector likely to outperform.

Regards,

Suryadev Bandari

Research Analyst

www.earningwave.com


Comments

Post a Comment

Popular posts from this blog

LIVE ON DOORDARSHAN 8 YADAGIRI "BUSINESS MUCHATLU"

Post a Comment
Read more

#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

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