Double correction (abc-x-abc) unfolding in Nifty.

#Nifty 16630. Double three correction (abc-x-abc) unfolding.

Recent rise from 15700-16750 was X-WAVE.

Next down move can begin from tomorrow.

Protect longs with strict stoploss.

earningwave.com #Nifty #Elliottwave #Earningwave #suryadev

Regards,

Suryadev Bandari

Research Analyst, SEBI.

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

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

NIfty fall likely to take a pause.

Nifty banknifty both oversold and likely to take a pause. Close Above 25485 Bullish for nifty, Close Below 24800 Bearish. Close Above 52600 Bullish for Banknifty and Close Below 51190 Bearish. wait and watch mode now. Regards, Suryadev Bandari Research Analyst

Earning Wave

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