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Bulls need to protect 14660 support level to move forward. Watch 14980 on Higher side.

 nifty cmp 14744. Friday, nifty tested 14352 low and from there it bounced back to day high at 14787. This 435 points rally consists of only 3 inner waves. If this is impulsive up move, we shall see one more up move above 14784   14860 and then 14970. If nifty slips below 14640, its a warning signal that, up move attempt failed and nifty to move lower than 14352.  Key Points to consider: 1. Hourly charts indicating that on Friday Bulls strongly close above resistance level 14708.  Immediate support comes at 14668. 2. Daily charts, Strong Resistance face at 14995. Immediate Support at 14680. 3, Weekly Charts showing that some kind of profit booking is happening at higher levels,  Weekly key resistance at 14973, Support at 14350 then 14010. Except short term  moving averages, Medium and Long  term Moving averages are strong and up momentum intact. Hence watch 14973 On upside and 14350 on Downside , to get to know what actually market wants to go. He...

Don't be Greedy. Keep booking profits in long positions.

 Nifty cmp 11863.  Keep booking profits in long positions. Market can take U turn and face selling pressure any time soon.  Nifty and Banknifty both showing over bought and pattern indicating maturity of short term impulsive wave. so any time soon we see selling pressure. traders can book profits in long positions. regards, suryadev bandari research analyst www.earningwave.com

Introduction offer

On event of Introduction of INTRADAY service, we are giving introductory offer of   30% discount 4 times . (effective price Rs 7000/- after discount) (i.e, gets 30% discount 4 weeks including first week subscription). This offer applicable to  first 10 members who pays before Market opening on Monday. This discount offer expires on Monday  27-Jan-2020 9.30 a.m Regards,  Suryadev Bandari Research Analyst. Note: Minimum capital requirement to trade in Option segment is Rs. One Lakh. For Futures segment More than Rs 3,00,000/- or margin requirement as per exchange rules.