Wave 4 correction at finishing stage. Wave 5 can start anytime from 17420-17320 zone.

Nifty cmp 17400.

As per updated data, latest chart and Most preferred wave counts updated.

abc correction which was started at 18600, now coming to end near anywhere between 17420-320 zone.

As shown in chart, its a abc corrective pattern , investors no need to get panic, we can see sharp recovery as part of wave 5.

Move above 17835 , we get confirmation of uptrend resumed.

ON the down side we get support around 17420-320 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

LIVE ON DOORDARSHAN 8 YADAGIRI "BUSINESS MUCHATLU"

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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