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Bulls Failed to surpass 23800 resistance zone. Bears getting strength now.

 Nifty tested our resistance zone 23800 but failed to sustain there and bears dragged nifty lower. Now next key support at 23150, this is laxman rekha for trend deciding level. Once Bulls fails to hold this support 23150 on closing basis, Next direction is down side begins. Keep strict stoploss to long positions.  severe selloff possible below 23150 support. regards Suryadev Bandari Research Analyst
Recent posts

Fresh Up move or Down move resume???? Read on....

 #nifty cmp 23836.  DoubleCorrection (w-x-y ) visible in hourly charts.  Most probably fresh upmove can start from here.  #investing #tradingview #stockmarkets #elliottwave #earningwave Regards Suryadev Bandari Research Analyst

Nifty near 24000. Next target?????

 Nifty cmp 23963.  Next hurdle at 24260-270 zone. Key trend deciding level at 24850-900 zone. key support at 23450. Keep strict stoploss. regards, suryadev bandari research analyst

nifty cmp 25565. Key supports hold.

#nifty cmp 25562.  stay alert.  key supports holding, market can take any direction.  Upside resistance 25818-900  Downside supports at 25450-440. keep strict stoploss.  #investing  #tradingview  #elliottwave  #stockmarkets #NSE Regards, Suryadev Bandari Research Analyst