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Nifty on Fence at 21850. BIg Selling on Cards??????

  #nifty cmp 21881.  crucial #support to watch 21850-830 zone.  ONce this zone breaks down and close below this zone, Flood gates open for selling.  Stay Cautious.  Next levels on down side are 21600-21300.    #investing #tradingview #stockmarkets #elliottwave #earningwave Regards, Suryadev Bandari Research analyst 
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Ending Diagonal in larger degree visible in Nifty.

  Ending Diagonal in Daily t.f visible in nifty. a Probability for major reversal. Break below 21600 can be confirmation. 21600 is very crucial support for Bulls. If breaks 21600 in coming days, Bears lead the nifty. Regards, Suryadev Bandari Research Analyst
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BANKING STOCKS PUTTING PRESSURE ON DOWNSIDE

 HDFCBANK RESULTS PUTTING PRESSURE ON BANKING STOCKS. BANKNIFTY TRADING BELOW 40 DAY MOVING AVERAGE WHICH IS FIRST WEAKNESS SIGN. PROBABLY MAJOR TREND REVERSAL ON CARDS ONLY ABOVE 46600 LEVEL, BANKNIFTY CAN GIVE US HOPES OF SHORT COVERING UNTIL THEN EVERY BOUNCE IS FACES SELLING PRESSURE. STAY ALERT. REGARDS, SURYADEV BANDARI RESEARCH ANALYST
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Triple correction pattern in Nifty and Banknifty almost done. Stay alert.

 Nifty and Banknifty almost done Triple correction pattern from day low to cmp.21260 and 47900.respectively. Down trending move can resume anytime from here. towards 20600-and 45500 positionally Stay alert. Regards, suryadev bandari research analyst
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Top is near. Time to stay cautious.

 #nifty cmp 20260. #banknifty 44890. #indiaVix at 12.6. Above 13 level, volatility to increase.  Stay cautious.  Markets at high and volatility rising, giving indication of top is near.  Keep stoploss to long positions.    #investing #tradingview #stockmarkets #elliottwave #earningwave #suryadev   regards, suryadev bandari research analyst  
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