Good Morning!
What a wonderful week it was. As we are now just few points away from reaching the level of 16700.
Where as we have already stated earlier about the positive market sentiments, a weekly closing of above 16700 will boost the market conditions once again. Moreover, the best part in the past few days is the positive buying from FII.
If Nifty successfully manages to sustain above the level of 16700 , then there’s a high probability that we can see a new high in Nifty, by this Diwali.
As of now, we can uplift our support level from 15850 to now be at 16300. Also, cherry picking will again be a good strategy.
Nifty Levels 15270-15400-15580-15800
-16200-16350-16800-17200-17400
-17700-17900-18000-18350
Nifty’s Previous Day Closing - 16605.25 (84.40)
Regards,
Alok Daiya
What a wonderful week it was. As we are now just few points away from reaching the level of 16700.
Where as we have already stated earlier about the positive market sentiments, a weekly closing of above 16700 will boost the market conditions once again. Moreover, the best part in the past few days is the positive buying from FII.
If Nifty successfully manages to sustain above the level of 16700 , then there’s a high probability that we can see a new high in Nifty, by this Diwali.
As of now, we can uplift our support level from 15850 to now be at 16300. Also, cherry picking will again be a good strategy.
Nifty Levels 15270-15400-15580-15800
-16200-16350-16800-17200-17400
-17700-17900-18000-18350
Nifty’s Previous Day Closing - 16605.25 (84.40)
Regards,
Alok Daiya
Disclaimer: alokdaiya.in/disclaimer/
Regards,
Alok Daiya
SEBI Registered Research Analyst
INH000011468
superprofile.bio/alokdaiya
Regards,
Alok Daiya
SEBI Registered Research Analyst
INH000011468
superprofile.bio/alokdaiya