Morning Mantra, 21st January 2022

Good Morning!

On Witnessing a beautiful bounceback in nifty around its previous support level of 17650, it seems like it has now become very important for the Market to sustain above the level of 17820 for the first 2 hours, today. After which, we can expect to witness a short recovery of upto 17900 - 18300.

Hoping for the best.

Moreover, as it’s a Month of Results, so staying stock specific will still be a better idea.

Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350

Regards,
Alok Daiya