Morning Mantra, 10th February 2022

Good Morning!

As had been witnessed yesterday, Nifty was successful in crossing over, sustaining and in finally giving a stable closing of above 17300.

So for now, the previously mentioned support level of 17085 can be trailed up to 17270. Moreover, on a positive note, the market now seems to have taken a turn towards its next Resistance level of 17650.

Cherry Picking Strategy can still be followed.

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

Regards,
Alok Daiya