Buy on Dips Market. 15077-15265 Upside levels to watch.

Bulls are in full Josh.

Broad indices participating in current rally so this rally to continue further.

Buy On Dips market. Current market providing opportunities for both Bulls and Bears.

Shorting in this kind of market needs expertise so normal traders avoid shorting and Buy on Every dip to participate in rally.

Majority of sectors completed corrective pattern and begun fresh upmove.

Be stock specific in entering trades.

Metals, Pharma, Banking stocks looking bullish.

Nifty has begun its fresh upmove from Budeget day.

On the Upside watch 15077-15265 levels to watch.

On the down side supports exists at 14680-14600 zone.

Regards,

Suryadev Bandari

Research Analyst

www.earningwave.com

Comments

LIVE ON DOORDARSHAN 8 YADAGIRI "BUSINESS MUCHATLU"

Market likely to take a PAUSE.

After our update, Nifty rallied from 19225 to 20095, it appears that, nifty likely to take a pause before another rally. Technically , Negative Divergence formed in Hourly charts. Five inner waves appears to be completed as per Elliottwave Perspective. Several other parameters indicating that markets likely to cooloff from over bought position. It's time to be cautious on taking fresh long positions. As far as possible, keep booking profits, at least , partial profit booking and keep strict stoploss to remaining long positions. Key supports to watch 20000-19870-19700. Resistance 20100-20200. Regards, Suryadev Bandari Research Analyst

Banknifty trend Up.

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.

Earning Wave

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