Morning Mantra, 19th January 2022

19 בינו׳ 2022

Good Morning!

What else can be a better start than to share that what a commendable alert and a pre market awareness it was from our side, to stay cautious if the Market fails to sustain above 18300 during the first 2 hours, yesterday. In adherence to which we did definitely witness how after being unable to sustain above the stated level, #Nifty had tumbled down to a low of around 18085.

Well as of now, it will be a Crucial Day today. Where 17900 will play a role of an immediate support, and sustaining above which, will be a good sign for the Market. Otherwise, it can surely create a panic.

Staying Cautious and being Stock Specific are still the golden mantras to be followed.

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

Regards,
Alok Daiya