Morning Mantra, 29th August 2022
Just as we had been stating in our Morning Mantra updates, similarly we can observe that currently, Nifty has been facing a Resistance at around 17600-17900.
So, as per the current scenario, if in any case Nifty shows any gap down opening Today, then avoid bottom fishing. As in such a case, it will be better to wait and watch for the level of 17300.
Be cautious for this week.
Nifty Levels 15270-15400-15580-15800
-16200-16350-16800-17200-17400
-17700-17900-18000-18350
Nifty’s Previous Day Closing - 17558.90 (36.45)
Regards,
Alok Daiya
So, as per the current scenario, if in any case Nifty shows any gap down opening Today, then avoid bottom fishing. As in such a case, it will be better to wait and watch for the level of 17300.
Be cautious for this week.
Nifty Levels 15270-15400-15580-15800
-16200-16350-16800-17200-17400
-17700-17900-18000-18350
Nifty’s Previous Day Closing - 17558.90 (36.45)
Regards,
Alok Daiya
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
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