Earning Wave

  #nifty cmp 22548. day High 22676.75. Key #support to watch 22465. Close below this level means, upside counter trend bounce has completed at today's high and vulnerable to breakdown recent lower level 21964. Stay alert. #investing #tradingview #stockmarketsIndia #elliottwave Regards, Suryadev Bandari Research Analyst

  #nifty cmp 22520. It appears that as per updated chart pattern, minor abc counter trend pattern, appears to be completed at today high. Its time to stay alert. In this case, recent low 22000-21900 zone can be break in coming sessions. #investing #tradingview #stockmarkets regards, Suryadev Bandari Research Analyst

 Nifty as expected at 22250 fall to 22020-10 zone and bouncing from there. Technically 22045 is very crucial level on closing basis.  Technically highly over sold zone now. If bulls able to hold 22045 level on closing basis, nifty can take some breather by minor rally from current levels towards 22300-600 zone. Trade accordingly,  Incase, bulls fails to hold 22045 on closing basis, we can see severe selloff in coming days. Stay alert. Regards, Suryadev Bandari Research Analyst