Earning Wave

#nifty cmp 25940.  as expected nifty tested minor dip to 25820 and rebounding from there.  the Gap existed there acted as support.  Now #nifty heading towards 26100+++ zone from here.  New high likely in coming sessions.  Keep strict stoploss. Cover shorts, if any. regards, suryadev bandari research analyst

#NIFTY CMP 25940. Critical support for #Bulls at 25850-780 zone. #Bears lead below this zone. Keep strict stoploss. #investing #tradingview #elliottwave #stockmarketsindia Regards, suryadev bandari research analyst

 

 Nifty cmp 25515. Nifty daily time frame in line charts, indicating that probable Truncated 5th wave with Ending diagonal pattern in formation. as per This, truncated 5th wave can not move near or above the high of 3rd wave which is at 25669. This view negates, if nifty surpass 25669 spot. This is my positional view on nifty. keep strict stoploss to long positions. Regards, suryadev bandari research analyst

  nifty cmp 25295. as per this pattern, nifty can face selling pressure again from this zone and head towards 24600 positionally.  this view negates if price breakout 25330. trade accordingly, keep strict stoploss. regards, suryadev bandari research analyst

 Possible profit booking in nifty alerted at 25270. Now its trading at 25080. Next trend deciding key level to watch is at 25045 on closing basis. Keep an eye on it. Once nifty closes below 25045, then new lower targets open towards 24900-750-600 positionally. keep strict stoploss. Regards, Suryadev Bandari Research Analyst

#nifty cmp 25265. Book profits fully once. One set of 5 inner waves seems completed at today's high. Minor profit booking can begin any time. Trade with strict stoploss. Down side key levels to watchout 25020/24900/770. #investing #TradingView #stockmarketsIndia #elliottwave regards suryadev bandari research analyst

Nifty finally resistance 25150. next resistance at 25450. support remains at 25000-950. keep strict stoploss. regards, suryadev bandari

Nifty facing selling pressure at higher levels. watch key resistance at 25150. key support at 24950 on closing basis. next trending move can be decided which side nifty makes breakout. stay alert. keep strict stoploss to positions regards

As expected, nifty took a pause and tested 25010 smd rrbounding from there. fall was 3 wave fall. Corrective in nature. Upmove can resume towards25200 initially and on successful crossover, it can head towards 25500+++ cover shorts, if any. regards.

#shootingStar formation in #nifty daily charys. Stay alert. 24950-900 zone can get tested tomorrow. Keep strict stoploss to long positions. #investing #tradingview #elliottwave