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About

About Me

Suryadev Bandari

M.Com, MBA, ICWA-INTER
SEBI Registered
Research Analyst
Reg.No:INH200004693


MARKET

The market is like ocean--it moves up and down regardless of what you want. You can do nothing to influence it. A trader needs information of trends and reversals in the market the way a sailor studies the ocean. You can never control the market but you can learn to control your behavior towards it.
With Optimum blend of Candlestick chart patterns & other technical tools with The Elliott Wave Principle generates most probable,high profit trade entry and exit strategies. 

Pillars of Success:

Successful trading stands on three pillars
1. Analyzing balance of power between bulls and bears.
2. Practicing Good Money Management.
3. Personal discipline to follow trade plan and avoid getting high in the markets.

My Goals:

To guide traders in achieving following goals:
1.Long-term survival in market.
2.A steady growth of capital.
3. Providing Accurate high profit trade recommendations which gives Maximum possible profits with minimum risk.


Popular posts from this blog

Up move to continue. New Highs to form again.

Nifty recorded new high on Friday 12311.20
After recording new high, nifty faced minor selling pressure and dipped down to 12217 level.
There again Bulls entered fresh longs and index closed nearly 12256 level.
Today, Nifty again likely to record new highs and this up move to continue more towards 12360-12375 levels.
Major High beta stocks ready to move higher levels.
Banknifty did not made new high on Friday, so most probably , banknifty to test previous highs today and may record new high.
Avoid short selling. This is buy on dips market.
Nifty Resistance 12360-12375-12400.
Support 12210-12170.
Regards,
Suryadev Bandari
Research Analyst
www.earningwave.com

Markets positioned to make new high. Best time to go Long.

Yesterday, after testing 12285-12290 zone, nifty faced selling pressure and dipped to 12211 zone today. Major trend remain in upward. Hence, good time to enter long positions to participate in next leg of rally above 12300. Overall breadth positive. Bullish divergence visible in short t.f. charts.
Buy on Dips markets.
Regards,
Suryadev Bandari
Research Analyst
www.earningwave.com

Down trend to resume again. Do not fall in Bull Trap.

Nifty achieved our previous downside target zone 7700-7500.
From there it bounced back to 8700+ today.
As per the updated data, this bounce is in corrective pattern only.
Its a Bull trap. Bulls should avoid falling in this trap. This bounce is short term only.
Down trend to resume again and it can break 7500 levels too.

Stay Cautious.

Investors need to wait for some time.
If possible, short sellers can initiate fresh shorts in Index with stoploss above 9100 lvels.
This is for High risk traders only. Nifty daily range become huge so both risk and rewards also huge.
Trade Accordingly.

Today is March Series FnO expiry, so we can see huge volatility in Market.
Market taking short breath only. Bears strikes again.

Avoid fresh long positions.
Its a sell on rally market, But due to restrictions on short selling, not everybody can short sell in this market. Conditions apply.

Resistance 9000-9100.
Downside levels 7700-7500.

Regards,
Suryadev Bandari
Research Analyst