Dear All,
Yesterday was a wonderful day for the Market!
Wonderful in the sense that it was quite predicted about the level of 17320 or 17300 to be a major level of support for Nifty, as of now. Fortunately, we got to witness the same, as Nifty took a wonderful support at around the level of 17300 and had ultimately given us a closing of 17400 approx, yesterday.
So, as of now, just like we had stated yesterday itself that if Nifty takes a wonderful support at 17300, then we can witness a positive bounce back towards 17800, which will again be a strong resistance level for us.
Until then, continue being stock specific and keep an eye on few stocks for some cherry picking.
Regards,
Alok Daiya
(SEBI Registered Research Analyst)
Yesterday was a wonderful day for the Market!
Wonderful in the sense that it was quite predicted about the level of 17320 or 17300 to be a major level of support for Nifty, as of now. Fortunately, we got to witness the same, as Nifty took a wonderful support at around the level of 17300 and had ultimately given us a closing of 17400 approx, yesterday.
So, as of now, just like we had stated yesterday itself that if Nifty takes a wonderful support at 17300, then we can witness a positive bounce back towards 17800, which will again be a strong resistance level for us.
Until then, continue being stock specific and keep an eye on few stocks for some cherry picking.
Regards,
Alok Daiya
(SEBI Registered Research Analyst)
Disclaimer: alokdaiya.in/disclaimer/
Regards,
Alok Daiya
SEBI Registered Research Analyst
INH000011468
superprofile.bio/alokdaiya
Regards,
Alok Daiya
SEBI Registered Research Analyst
INH000011468
superprofile.bio/alokdaiya
