Skip to main content

Nifty @16370. still bearish...

Nifty continuing it's down move 
Today it completed minor abc correction pattern from 16244 to 16394.
Now 16150-16060 zone under risk.
It can break down anytime soon.
Protect longs with stoploss.
Avoid fresh longs.
Reduce long exposure.
Regards, 
Suryadev Bandari
Research Analyst.
Labels:

Comments

Post a Comment

Popular posts from this blog

LIVE ON DOORDARSHAN 8 YADAGIRI "BUSINESS MUCHATLU"

Post a Comment
Read more

#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    
Post a Comment
Read more