Morning Mantra, 4th January 2022

Good Morning!

What a wonderful beginning of the Year it was, Yesterday!

As we could witness the magic and power of Technical Analysis, where just after crossing the level of Resistance at 17360, Nifty soared high towards its next level of Resistance at around 17650.

Hence, Today will somehow be a very crucial day, as in support of such an uprise, we will require a breakout and a stable closing of above the crucial resistance level of 17650-17700.

Until then Stay Cautious and remain being Stock Specific.

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

Regards,
Alok Daiya
8thclubanalysisCandlestick AnalysisindexmorningmantraNIFTYnifty50niftyanalysisniftypredictionSupport and ResistancetradingTrend Analysis

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Regards,
Alok Daiya
SEBI Registered Research Analyst
INH000011468
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