Morning Mantra, 14th December 2022

What an amazing day it was, yesterday!

As observing the yesterday’s trading session, we can state that somewhere or the other, the Market has very well accepted the stated level of 18400 as its support. Which is why, we had finally witnessed a beautiful closing of 18608 in Nifty, yesterday.

Well as of now, we need a positive and a stable closing of above 18666, for some magical moments in the Market.

In the meanwhile, be a little cautious and with the stated support levels of 18400 and 17800 continue rebalancing your portfolio. Moreover, be stock specific and follow the Cherry Picking Strategy.

Nifty Levels 15270-15400-15580-15800
-16200-16350-16700-17300 -17800
-18100-18350

Nifty’s Previous Day Closing - 18608 (+110.85)

Regards,
Alok Daiya