Earning Wave

#nifty50 cmp 17595. 17620 very crucial support for Bulls. If they unable to regain this support level, heavy selling may emerge from current levels. Key supports are being breaking down easily. Its time tjink about major trend reversal. More downside pressure ahead. Regards, Suryadev bandari Research Analyst

Nifty cmp 17796. Close below 17750 would trigger hugecselking pressure next week. Be alert. Regards, Suryadev Bandari Research Analyst

Both nifty and banknifty at peak levels and forming top reversal formations at star formation. Most possibly reversal can happen anytime soon. Regards, Suryadev Bandari Research Analyst

  Nifty cmp 17440. Stay cautious, markets can take reversal  anytime from here.  Markets on edge.  Clear negative divergence . Keep Strict stoploss for longs. Regards, Suryadev Bandari Research analyst  

 Nifty cmp at 17290. Series of Negative Divergences formed . Significant Call writing happening in Market. All these indicating profit booking possibilities at higher levels. Be cautious on Long positions. Regards, Suryadev Bandari Research Analyst

#nifty50 cmp 16490. Bullish Divergence formed in nifty at support level making it significant. 16700 above we will see short covering rally towards 17000+ Regards Suryadev Bandari Research Analyst.

 As per my previous forecast, nifty achieved my target level 16400 and now trading above 16560 level. Bulls are in full josh. more higher levels to come in coming sessions. regards, suryadev bandari research analyst