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Showing posts from October, 2022

Short Term Top made??.

Doji pattern on Muhurat Trading Day and Bearish Engulfing pattern today, makes significance of Short term TOP.@17795. Its time to start booking profits in long positions. Avoid fresh long positions. Regards, Suryadev Bandari Research Analyst

Shub Diwali.

Upside targets achieved. STAY ALERT.

 Upside targets achieved in Nifty and Banknifty. #Banknifty cmp 40875.  Negative Divergences forming in hourly charts.  It's time to stay alert on long positions . #investing     #tradingview     #elliottwave     #earningwave     #Bulls     #trend Regards, Suryadev Bandari Reseach Analyst 

Banknifty ready to TAKEOFF.

  #Banknifty cmp 39900.  Move above 39990 would trigger short covering and rally possible till 40250 minimum today.    #investing   #tradingview     #elliottwave     #BullsNation     #earningwave     #suryadev Regards, Suryadev BANDARI RESEARCH ANALYST    

Bulls are Back.

  Bulls are back. As expected, nifty bounced from 17070 levels after retesting and sustain above crucial support 16950. Now trading at 17280. Today's crucial support zone to watch 17280-260 zone. As long as this support zone holds, nifty likely to move up towards 17430 levels. Keep stoploss below 17260 zone. Regards, Suryadev Bandari Research Analyst www.earningwave.com

Below 16950 can trigger Panic Selling pressure.

  #nifty trading at Fence.  Bleeds below 16950.  Resistance 17175.  Stay alert with stoploss.  Sustain below 16950 can trigger severe selling pressure.  Options Data favoring Bears.     #investing   #tradingview     #nifty     #elliottwave Regards,   Suryadev Bandari Research Analyst

Bears are back.

After alerted at 17400, nifty fall down to 17060. #nifty cmp 17090.  Once nifty breaks below 17050, we can see fierce selling pressure that can drag nifty down towards 16850-750. #tradingview #investing  #nifty #elliottwave #earningwave  #suryadev

Bears can strike back. Nifty cmp 17410.

  #nifty cmp 17406.  Vulnerable for correction now.  Failed to move above 17430 spot.  Bears can drag down to 17200-120 zone.   www.earningwave.com regards, suryadev bandari research analyst