Holding above 15778, Bulls to take nifty higher towards 15945.

Nifty still in trading range between 15500 to 15965 range.

Any further move, nifty has to break this range.

Technically speaking, 15845 is crucial level to watch on Monday, once this level recapture by Bulls, we see more buying interest coming in market.

Bullish sectors for this week are IT , Metals, Realty and Pharma.

Stock specific moves can be visible. Be with sector leaders. Stock selection is crucial.

As long as nifty trades above 15500, this is Buy on Dips mode.

Technically,

RSI trading above 51 level and MACD ABOVE zero line.

Odds are still in favor of Bulls.

Regards,

Suryadev Bandari

Research Analyst

www.earningwave.com

Comments

#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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