Morning Mantra, 23rd February 2022

2022년 2월 23일

Good Morning!

It seems like the level of 16800 is somehow or the other working as a level of support for the Market. But in accordance to the ongoing condition of the entire world we will still suggest to stay cautious regarding the market movement.

Although yesterday’s movement had once again given us a positive indication of 16800 being the level of support on the downside, and 17300 as a Resistance on the upper side.

Besides, we still have 3 more days left for a clear cut market indication. Where we are somehow very optimistic that an indication for a further move will be shown within this week itself.

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

Regards,
Alok Daiya