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Nifty@17650. Bulls stepped in .

 Nifty cmp 17650. Bulls absorbed selling pressure and anytime nifty likelty to move up higher towards 17950 levels. Avoid fresh shorts. Build long positions with stoploss below 17500. Banks, metals, Auto, Pharma next sectors to participate in rally. Be stock specific. Regards, Suryadev Bandari Research Analyst www.earningwave.com

Bulls Eye on 17400-500.

Nifty closed at new record High yesterday at 17234. Broad-based buying happening in the market. Multiple sectors are participating in this rally. Bank Nifty heading towards previous all time higher levels  Financial services sector also started rally. Next higher levels to watch in nifty are 17400-17500. Key Supports at 17000-16900. Buy on Dip mode. Regards, Suryadev Bandari Research Analyst. www.earningwave.com

16700 target achived approx. Next higher targets 16850-900.

 Nifty almost achieved my expected target 16700. Nifty successfully retested breakout level 16375 and got buying support there and bounced back to above 16635 yesterday and today recorded high 16699.70. This rally likely to continue more towards 16850-900 level positionally. Any dip is a buying opportunity. Key supports 16535-450 zone. Metals and Banking sector likely to outperform. Regards, Suryadev Bandari Research Analyst www.earningwave.com

Bulls are back. Nifty surpassed 16500 levels and heading more higher.

 Nifty successfully surpassed 16500 level and making new highs every day. Next technical level to watch is 16700-750 zone. Every minor dip is a buying opportunity. Be stock specific. Use proper stoploss for longs. Avoid short selling. Crucial supports are at 16450-16400 zone. Regards, Suryadev Bandari Research Analyst www.earningwave.com