Bull getting weak again at 22300 level. What's next key level????

#Bulls failed to sustain above 22300 today, 16 May , 2024.

Now watch key support at 21980 and 21800 zone on closing basis.

Close below 21980 again put bulls under pressure as weekly charts slips into bear territory below this zone.

Keep strict stoploss to long positions.

keep booking profits wherever possible.

Avoid taking fresh long positions.

Regards,

Suryadev Bandari

Research Analyst

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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

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

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