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Stay Cautious. Supports Broken.

  #nifty crucial support at 21855. #bears get strength below it.  Next ideal support at 21320-250 zone.   #Resistance at 21920-950 zone.    #investing #tradingview #stockmarkets #elliottwave #banknifty crucial #support at 46150.  sustain below it, opens gates for selling.  Key #resistance at 46600-650 zone.   #investing #tradingview #stockmarkets #elliottwave #earningwave   Regards, Suryadev Bandari Research analyst 
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Major supports broken. Major Trend reversal????

 NIfty Banknifty both all of sudden started breaking key supports From this Monday. Today nifty banknifty again broken 2nd crucial supports 22000 and 47000 levels and trading below that. It's time to be very very cautious as Major trend reversal in beginning stage. regards, suryadev bandari research analyst
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Nifty on Fence at 21850. BIg Selling on Cards??????

  #nifty cmp 21881.  crucial #support to watch 21850-830 zone.  ONce this zone breaks down and close below this zone, Flood gates open for selling.  Stay Cautious.  Next levels on down side are 21600-21300.    #investing #tradingview #stockmarkets #elliottwave #earningwave Regards, Suryadev Bandari Research analyst 
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Ending Diagonal in larger degree visible in Nifty.

  Ending Diagonal in Daily t.f visible in nifty. a Probability for major reversal. Break below 21600 can be confirmation. 21600 is very crucial support for Bulls. If breaks 21600 in coming days, Bears lead the nifty. Regards, Suryadev Bandari Research Analyst
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BANKING STOCKS PUTTING PRESSURE ON DOWNSIDE

 HDFCBANK RESULTS PUTTING PRESSURE ON BANKING STOCKS. BANKNIFTY TRADING BELOW 40 DAY MOVING AVERAGE WHICH IS FIRST WEAKNESS SIGN. PROBABLY MAJOR TREND REVERSAL ON CARDS ONLY ABOVE 46600 LEVEL, BANKNIFTY CAN GIVE US HOPES OF SHORT COVERING UNTIL THEN EVERY BOUNCE IS FACES SELLING PRESSURE. STAY ALERT. REGARDS, SURYADEV BANDARI RESEARCH ANALYST
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