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Selloff likely to begin.

  #banknifty 46020 and #nifty 20120 are very crucial support levels for today. Break and sustain below , sudden selloff likely to emerge. stay alert. #tradingview #investing #elliottwave #earningwave #stockmarkets #stockmarketcrash
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Market likely to take a PAUSE.

 After our update, Nifty rallied from 19225 to 20095, it appears that, nifty likely to take a pause before another rally. Technically , Negative Divergence formed in Hourly charts. Five inner waves appears to be completed as per Elliottwave Perspective. Several other parameters indicating that markets likely to cooloff from over bought position. It's time to be cautious on taking fresh long positions.  As far as possible, keep booking profits, at least , partial profit booking and keep strict stoploss to remaining long positions. Key supports to watch 20000-19870-19700.  Resistance 20100-20200. Regards, Suryadev Bandari Research Analyst
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Nifty and Banknifty coming out of Woods.

 Nifty successfully holding 19200 and 19300 levels consecutively more than two days.  Breakout of 19370 resistance level. Banknifty successfully rallied from 43600 to 44750 and sustaining above 44600. Both indices coming out of woods. Short covering rally can start any time from here. Regards, Suryadev Bandari Research Analyst
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markeys hit PAUSE button.

Markets taking time to cooloff a bit. Likeky to take some correction from here. Close longs if any,  Retracement of previous rise likeky. Nifty cmp 19400, it can correct till 19150-19100 minimum. Regards, Suryadev Bandari Research Analyst
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