Nifty 50 IndexLong
Morning Mantra - 26th July 2023
Dear All,
From back to back 2 days, we have been witnessing a supply pressure in Nifty.
Where on the other hand, we have also been witnessing a stock specific momentum in the Market.
Well on the day chart of Nifty, we can now observe a beautiful hammer formation. So, here we are expecting to witness a bounce back in Nifty, Today.
Furthermore, it is being expected that as of now Nifty will continue to make a platform in between its range of 19800-19550.
So, for now with the stop loss of 19550, continue Rebalancing your Portfolio and keep following the Cherry Picking Strategy.
Regards,
Alok Daiya
SEBI Registered Research Analyst
From back to back 2 days, we have been witnessing a supply pressure in Nifty.
Where on the other hand, we have also been witnessing a stock specific momentum in the Market.
Well on the day chart of Nifty, we can now observe a beautiful hammer formation. So, here we are expecting to witness a bounce back in Nifty, Today.
Furthermore, it is being expected that as of now Nifty will continue to make a platform in between its range of 19800-19550.
So, for now with the stop loss of 19550, continue Rebalancing your Portfolio and keep following the Cherry Picking Strategy.
Regards,
Alok Daiya
SEBI Registered Research Analyst
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
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