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

LIVE ON DOORDARSHAN 8 YADAGIRI "BUSINESS MUCHATLU"

#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

Stay alert. Market loosing bull grip. Prepare for selloff.

Nifty trading below 20dma 22560. First sign of weakness. more downside possible ahead. Reduce long positions. Next key levels 22060-21800. Regards, Suryadev Bandari Research analyst

Earning Wave

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