Earning Wave

 Minor counter trend move appears to be completed in Nifty and down trend can resume again towards 17300-17100 zone from current levels. Sell on Rise mode. Resistance placed at 18250-300 zone. regards, suryadev bandari research analyst

 Nifty cmp 18465. Bulls failed to hold crucial support 18480 level. Close below this crucial support, nifty can drift down to 18200-17900 range. Be cautious on holding long positions. regards, suryadev bandari research analyst

  #nifty cmp 18504    #sensex cmp 62100.    Both regained crucial supports today and ready to move higher.  Cover short postions, if any,  Nifty heading towards 18780+ from current levels.   #investing #tradingview #elliottwave #earningwave #suryadev   Regards, suryadev bandari research analyst

  #NIFTY CMP 18640.  looking strong towards at least 18780 from current levels.   #investing #tradingview #StockMarketindia

  #nifty cmp 18682.  Crucial support at 18650.  Close below this support can trigger further selling pressure towards 18520-18350.  Keep an eye on 18650 spot level in nifty   #investing #tradingview #elliottwave #earningwave Regards, suraydev bandari research analyst

  #NiftyBank cmp 42900.  Sustain below 43000 spot , can drag this index towards 42250-42220.  First weakness visible in Banknifty.   #investing   #tradingview   #StockMarketindia   #BearsNation   Regards, Suryadev Bandari Research Analyst  

 Nifty cmp 18565. Put writers started covering shorts. Option data suggesting that any time market can give surprise to Bulls. Keep strict stoploss to long positions.  Technically, market nearing to All time Highs, Double top pattern. Negative Divergence at market highs, a warning bell to Bulls. Next crucial supports at 18050-18000 zone. Bears can strike back anytime at this juncture. Regards, Suryadev Bandari Research Analyst