Earning Wave

 Nifty reversed from our projected level 17795.  Today it bounced back above 18000 level, Day high 18140. Retraced to 18000 and bouncing back. As long as nifty holds 18000 psychological support level, Bulls can attempt to move towards 18300+ level in coming sessions. Regards, Suryadev Bandari Research Analyst

 Banknifty broken key support and trading just above crucial support 42750. Break below this support means , more pain ahead in Banknifty. Next support zone 42000-41700. Resistance remains at 43200.43300. Its putting pressure on Nifty too. As far as possible, exit from long positions in Banking stocks. Regards, Suryadev Bandari Research Analyst

 Nifty tested 18265 spot and took U turn. sell on Rise mode.   Nifty can head towards 17800-17300-17100 positionally. Resistance remains at 18300-350 zone. In extreme volatile case, it can be 18460. Regards, suryadev bandari research analyst.    

 Minor counter trend move appears to be completed in Nifty and down trend can resume again towards 17300-17100 zone from current levels. Sell on Rise mode. Resistance placed at 18250-300 zone. regards, suryadev bandari research analyst

 Nifty cmp 18465. Bulls failed to hold crucial support 18480 level. Close below this crucial support, nifty can drift down to 18200-17900 range. Be cautious on holding long positions. regards, suryadev bandari research analyst

  #nifty cmp 18504    #sensex cmp 62100.    Both regained crucial supports today and ready to move higher.  Cover short postions, if any,  Nifty heading towards 18780+ from current levels.   #investing #tradingview #elliottwave #earningwave #suryadev   Regards, suryadev bandari research analyst

  #NIFTY CMP 18640.  looking strong towards at least 18780 from current levels.   #investing #tradingview #StockMarketindia