Morning Mantra - 3rd March 2023

2 mar 2023

Dear All,

Once again the level of 17300 worked beautifully, yesterday. Well, this can be a good opportunity for us, as a level of strong support for upcoming rally.

Today is the last trading day of this week, and we are quite positive to witness a bullish reversal candle on the weekly chart.

If Nifty gives a closing of above 17300 today, then we can expect a sharp recovery in the Market in the upcoming weeks.

In the meanwhile, continue being stock specific and can follow the cherry picking strategy for now.

Regards,
Alok Daiya
(SEBI Registered Research Analyst)

3 mar 2023

Nota

love for 17300

3 mar 2023

Nota

yes, on weekly chart on closing - Hammer