After the repetitive failed attempts from Nifty to cross over 18090, we are delighted that we could timely pre-update you on the 16th of September 2022 itself, to stay cautious for these 8-10 days.
Well as of now, it is being expected that the Market can face a little panic during the 1st hour, today. However, it will be suggested to avoid participating in the same.
Instead, we will have to wait for Today’s closing. Where, if Nifty manages to sustain and give a closing of above 17270, then it will be a good sign for the Market for this week.
Moreover, as we can observe that in a big pool of stocks where few of the stocks are currently trading at their 3-4 Months low, on the other hand, the other few are trading at their 3-4 Months high. So in such a situation, it will be suggested to remain a little a cautious and be stock specific as of now.
Nifty Levels 15270-15400-15580-15800
-16200-16350-16700-17300 -17800
-18100-18350
Nifty’s Previous Day Closing - 17327.35 (-302.45)
Regards,
Alok Daiya
Well as of now, it is being expected that the Market can face a little panic during the 1st hour, today. However, it will be suggested to avoid participating in the same.
Instead, we will have to wait for Today’s closing. Where, if Nifty manages to sustain and give a closing of above 17270, then it will be a good sign for the Market for this week.
Moreover, as we can observe that in a big pool of stocks where few of the stocks are currently trading at their 3-4 Months low, on the other hand, the other few are trading at their 3-4 Months high. So in such a situation, it will be suggested to remain a little a cautious and be stock specific as of now.
Nifty Levels 15270-15400-15580-15800
-16200-16350-16700-17300 -17800
-18100-18350
Nifty’s Previous Day Closing - 17327.35 (-302.45)
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