Morning Mantra - 10th April 2023

Dear All,

On observing the impact of the Morning Star formation on the weekly chart on the last week, we did witness a beautiful momentum of upto 17600 in the Market.

Well as of now, we are very close to our target level of 17800, and yes this time we need a beautiful breakout above this level. Wherein, a closing of above 17800 will give a strong momentum to the Market. Furthermore, the positive impact of RBI can also be visible in the Market in the coming days.

So, with the stop loss of 17300, continue following the Cherry picking strategy for now.

Regards,
Alok Daiya
SEBI Registered Research Analyst