Two alternates possible here. Down and Up.

Alternate 1.

Wave ii correction (abc pattern) almost done today. Fierce Wave iii selloff can begin today itself from current levels. Be alert. http://earningwave.com

Alternate 2

Downward gap between 17860-820 zone. This acts as stiff resistance in bearish scenario. If, Bulls succeed in closing above this gap zone, then one more upmove attempt possible.

Regards

Suryadev Bandari

Research Analyst

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

Earning Wave

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