Skip to main content

Posts

Minor retracement done, now upmove can start.

As expected, minor retracement done today opening.  Now markets likely to resume upmove towards new highs. cover your shorts, if any.   regards, suryadev bandari research analyst  
Post a Comment
Read more

Nifty made 23110 high. Now what????

 As expected nifty turned bullish above 22800 level and made new high today at 23110 and showing some kind of profit booking. So what's next.??? It may dip towards 22800-780 zone minimum from here. Contrarily, close above 23130 would again turns bullish. Hence, 23130 is negation level for this bearish view. Book profits wherever possible. at least in partial profit booking. Regards, suryadev bandari research analyst
Post a Comment
Read more

#nifty poised to make new all time high soon.

  #nifty cmp 22597.   #Bulls strongly holding key supports. 22350-440 zone.  As long as nifty trades above this zone, its poised to make breakout all time high. Upside resistance trendline around 23110-23250 zone. Regards, Suryadev Bandari Research Analyst   #tradingview #investing #stockmarkets #elliottwave #earningwave #suryadev    
Post a Comment
Read more

Bull getting weak again at 22300 level. What's next key level????

#Bulls failed to sustain above 22300 today, 16 May , 2024. Now watch key support at 21980 and 21800 zone on closing basis. Close below 21980 again put bulls under pressure as weekly charts slips into bear territory below this zone. Keep strict stoploss to long positions. keep booking profits wherever possible. Avoid taking fresh long positions. Regards, Suryadev Bandari Research Analyst
Post a Comment
Read more

High made at 22600 today, What next, Correction???

 Today nifty made high at 22600 and facing selling pressure. By looking at selling pressure from day high to 22400 below levels, it appears that, nifty made medium term top today and vulnerable to correction from here. Stay cautious. Bulls need to sustain 22000 support levels, if that breaks down, we can expect more pain in market. Regards, suryadev bandari research analyst
Post a Comment
Read more

Nifty heading for new high!!!!

 After Breaking 21800 crucial support in last month , Bulls succeeded to recover it and moved higher. Now, fresh upmove started  from there. Nifty can head higher towards 22600-22900 zone from here. cmp 22440. 3rd April, 2024 10:15 a.m Now market turned into BUY ON DIPS mode . Avoid fresh short selling untill 21800 support breakdown. Regards, Suryadev Bandari Research Analyst
Post a Comment
Read more