Bulls crossed Most psychological resistance 18000 level.

Finally, nifty crossed successfully most rigid and psychological resistance 18000 level and successful in holding above this level since it crossed today.

Now short covering and fresh buying will lift nifty further more above 18100-18150 zone.

Even now, there is plenty of buying opportunities in select sectors and select stocks.

Avoid short selling at this level.

Technicals are strong and favoring bulls.

Next resistance zone to watchout for next move 18100-18150 zone.

Supports 17850-800 zone.

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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