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Bulls crossed Most psychological resistance 18000 level.

 Finally, nifty crossed successfully most rigid and psychological resistance 18000 level and successful in holding above this level since it crossed today. Now short covering and fresh buying will lift nifty further more above 18100-18150 zone. Even now, there is plenty of buying opportunities in select sectors and select stocks. Avoid short selling at this level. Technicals are strong and favoring bulls. Next resistance zone to watchout for next move 18100-18150 zone. Supports 17850-800 zone. Regards, Suryadev Bandari Research Analyst www.earningwave.com

Nifty@17650. Bulls stepped in .

 Nifty cmp 17650. Bulls absorbed selling pressure and anytime nifty likelty to move up higher towards 17950 levels. Avoid fresh shorts. Build long positions with stoploss below 17500. Banks, metals, Auto, Pharma next sectors to participate in rally. Be stock specific. Regards, Suryadev Bandari Research Analyst www.earningwave.com

Bulls Eye on 17400-500.

Nifty closed at new record High yesterday at 17234. Broad-based buying happening in the market. Multiple sectors are participating in this rally. Bank Nifty heading towards previous all time higher levels  Financial services sector also started rally. Next higher levels to watch in nifty are 17400-17500. Key Supports at 17000-16900. Buy on Dip mode. Regards, Suryadev Bandari Research Analyst. www.earningwave.com