After sideways consolidation, market back into upmove. Next targets 15920-16050.

 NIfty cmp 15826.

After spending time in sideways consolidation, market back into upmove.

Bulls can take nifty upto 15920 first, then 16050 zone.

Supports at 15745 and 15670. 

investors and traders can initiate fresh long positions in quality stocks

Once nifty surpass 15840 resistance level, then bulls will control the market.

Shorts squeeze can begin above 16000 level.

Avoid fresh short selling.

Regards,

Suryadev Bandari

Research Analyst

www.earningwave.com

 


 


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