Morning Mantra, 29th November 2022

28 בנוב׳ 2022

So, Finally yesterday, we witnessed a beautiful lifetime new high, and a 52 week high of 18614.25 in Nifty.

Apart from that, just as we had stated yesterday that we have to wait for 1 or 2 trading days at least, for a beautiful confirmation of above 18500 on a closing basis from Nifty. Therefore, once again, if the index manages to sustain above this stated level even today, then we can move ahead for our next decision.

Until then, with the support level of 17800 we are still quite positive on the Market with some cautiousness, which is why we are in the favour of being stock specific.

So, continue being stock specific as of now and start reviewing your portfolio at this new all time high situation of the Market.

Nifty Levels 15270-15400-15580-15800 
-16200-16350-16700-17300 -17800 
-18100-18350 
 
Nifty’s Previous Day Closing - 18562.75 (+50.00)

Regards, 
Alok Daiya