Morning Mantra - 19th July 2023

Dear All,

On observing the yesterday’s market momentum, it seemed like it was altogether a Rest day for Nifty.

As after making a high of 19819.45 and a low of 19690.20, Nifty finally made a closing in an indecisive mode, with no clear cut indication.

Besides, in the midst of all this, the positive data from the FII, along with the IT sector’s positive contribution is somehow or the other providing strength to the market.

So, yet again we are still with our words to continue following the Cherry picking and to keep Rebalancing the Portfolio, with an immediate stop loss of 19300.

Regards,
Alok Daiya
SEBI Registered Research Analyst