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Showing posts from June, 2021

Minor Flat pattern completed today. Cover shorts. Bull run to resume.

 NIfty completed minor wave in flat pattern as shown in chart below, Bulls to resume their move from hereon, which can take nifty above 16000 levels. Avoid fresh shorting. Build fresh long positions with stoploss below 15500. Metals, FMCG, IT can lift nifty upwards. Resistance 16070-16220. Support 15500-550. Regards, Suryadev Bandari Research Analyst  

Nifty in Bulls Control. Heading towards 16000 Psychological Level.

 As expected , Nifty surpassed 15430 level and now its trading near 15670.  More upside is possible from here. Metals and Banking and Finance also looking Bullish. As per my view, this uptrend can continue above 16000 as more sectors and stocks to participate in this rally. Be stock specific. Avoid small cap.(Importantly for new investors and traders).

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