Bears in strong position over Bulls.

Bears successfully broke down Bulls last hope of 11900-11880 zone and close well below that zone. Now Bears have clear upper hand over Bulls.

Next watchable downside level is at 11745-11725 zone.

High Beta stocks started breaking key supports. Hence, some more days we may see this fall in market.

Avoid building fresh long positions.

Regards,

Suryadev Bandari

Research Analyst

www.earningwave.com

Comments

LIVE ON DOORDARSHAN 8 YADAGIRI "BUSINESS MUCHATLU"

Market likely to take a PAUSE.

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Banknifty almost completed Sideways correction today around 44550 and turned up. Now it appears to be resume upward Journey tpwards 45700+. Regards, Suryadev Bandari Research Analyst.

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