Nifty correction from 18200-17700 almost completed as wave ii. Impulsive rally due from here.

Nifty fell from 18200 to 17700 zone as wave ii pattern. and Impulsive rally as wave iii can begun anytime from here . cmp 17740. next swing high is at 18345 and 18550.

Technically long term trend is still bullish mode. Hence this can be buy on dip market.

Unless nifty breaks down 17620-600 zone, bias remains bullish.

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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