Banknifty almost completed Sideways correction today around 44550 and turned up. Now it appears to be resume upward Journey tpwards 45700+. Regards, Suryadev Bandari Research Analyst.
Markets taking time to cooloff a bit. Likeky to take some correction from here. Close longs if any, Retracement of previous rise likeky. Nifty cmp 19400, it can correct till 19150-19100 minimum. Regards, Suryadev Bandari Research Analyst
Nifty upmove hit pause button around 19370-420 range and done minor correction around 19340. Now it appears to be ready for bounce towards 19550-600. Regards, Suryadev Bandari Research Analyst
#nifty50 cmp 19328. 19321 is critical resistance on closing basis. Up move can halt here for some cooloff. #banknifty cmp 45346. 45370 is critical resistance fo banknifty. Both indices can reverse or take pause. #investing #tradingview #stockmarkets #elliottwave #earningwave