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My next big bold call if you liked my Sunday night call.

Good morning

MARKET: NEW HIGH JOURNEY STARTS
Nifty can hit a new all-time high in October itself
Market has made a bottom with bad news
Whenever bottom is made with bad news, it stands
Yesterday’s high was significant, new high for series
Next level to watch: 50% retracement of entire fall: 19,814

NIFTY OUTLOOK
First support: 19,650 (20 DEMA)
Bigger support: 19,565 (yesterday’s low)
First resistance: 19,766 (Breakdown zone)
Bigger resistance: 19,833 (options zone)
Above 19,833, another sharp one-way move is possible

BANK NIFTY OUTLOOK
Bank Nifty very close to 3 big moving averages
10 DEMA: 44,428
20 DEMA: 44,529
50 DEMA: 44,641
If Bank Nifty settles above 44,641, can see more short covering
First support: 44,270 (100 DEMA)
Bigger support: 44,004 (Yesterday’s low)

19833 is here 🙏

Why does Indian market not fall much?

TCS view.

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