Morning Mantra, 28th June 2022

2022년 6월 28일

Good Morning!

Finally, yesterday we reached our stated Resistance level of 15850 from the crucial level of 15270. As fascinatingly, in the yesterday’s trading session, Nifty had managed to make high of around 15927. However, unfortunately due to facing a selling pressure at the levels, it was unable to give us a closing of above 15850, yesterday.

While on the other hand, just as we had stated, similarly a lot of stock specific recovery had been witnessed in the case of several sectors.

Moving ahead, as of now, the levels of 15850-15950 will work as a crucial resistance zone for the Index. Where, above the stated zone, the situations will be much favourable for the bull side.

Until then continue being stock specific, as of now.

Nifty Levels 15270-15400-15580-15800
-16200-16350-16800-17200-17400
-17700-17900-18000-18350

Nifty’s Previous Day Closing - 15832.05

Regards,
Alok Daiya