Dear All,
Once again we had seen the appropriateness of our Morning Mantra update, wherein a bounce back along with some cautiousness was predicted yesterday. Likewise the same was witnessed in the Market yesterday itself, as after a gap up opening in Nifty, a supply pressure was also observed at the upper levels.
Overall, Nifty seems to be struggling at around this level of 18200. Besides, it is this crucial level at which there is a fight going on between the bull and the bear.
Therefore, we are still with our words that we need to witness a stable weekly closing of above 18200 once again. On the other hand, if somehow Nifty is unable to do so, then we will have to become very cautious and apply another suitable strategy.
Till then, Keep Trading and Keep Investing!
Regards,
Alok Daiya
SEBI Registered Research Analyst
Once again we had seen the appropriateness of our Morning Mantra update, wherein a bounce back along with some cautiousness was predicted yesterday. Likewise the same was witnessed in the Market yesterday itself, as after a gap up opening in Nifty, a supply pressure was also observed at the upper levels.
Overall, Nifty seems to be struggling at around this level of 18200. Besides, it is this crucial level at which there is a fight going on between the bull and the bear.
Therefore, we are still with our words that we need to witness a stable weekly closing of above 18200 once again. On the other hand, if somehow Nifty is unable to do so, then we will have to become very cautious and apply another suitable strategy.
Till then, Keep Trading and Keep Investing!
Regards,
Alok Daiya
SEBI Registered Research Analyst
with Love..
Alok Daiya
Alok Daiya
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
with Love..
Alok Daiya
Alok Daiya
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.