Earning Wave

Bulls stepped in and protected crucial support levels 17975-950 zone  From there it bounced to 18200 above and closed at 18125. Next level to watch 18385. Once this level crossed, Bulls will be Furious and head to new highs. Regards, Suryadev Bandari Research Analyst

 

 Finally, nifty crossed successfully most rigid and psychological resistance 18000 level and successful in holding above this level since it crossed today. Now short covering and fresh buying will lift nifty further more above 18100-18150 zone. Even now, there is plenty of buying opportunities in select sectors and select stocks. Avoid short selling at this level. Technicals are strong and favoring bulls. Next resistance zone to watchout for next move 18100-18150 zone. Supports 17850-800 zone. Regards, Suryadev Bandari Research Analyst www.earningwave.com

 Nifty cmp 17650. Bulls absorbed selling pressure and anytime nifty likelty to move up higher towards 17950 levels. Avoid fresh shorts. Build long positions with stoploss below 17500. Banks, metals, Auto, Pharma next sectors to participate in rally. Be stock specific. Regards, Suryadev Bandari Research Analyst www.earningwave.com

As forecasted 2 days ago, Nifty rallied furiously from 17395 to 17835. Broad-based buying fuelled this rally especially Banking stocks. Regards Suryadev Bandari Research Analyst

#nifty ready to move higher from hereon.  Cmp 17395. Next crucial level to watch 17480. Above that #bulls get strength  Avoid short selling. Regards, Suryadev Bandari Research analyst

#Nifty back into buy mode.  Next levels 17500+. Regards, Suryadev Bandari Research Analyst