Morning Mantra, 27th June 2022

Good Morning!

Just as we had stated about us being quite hopeful to witness a sharp recovery and a closing of above 15580 on the last Trading day, fortunately we did witness the very same in the Market on last Friday.

Well, for now, it seems like Nifty is very near to reach its next Level of Resistance of 15850. Where along with it, profit booking opportunities can be expected at this level once again.

Moreover, now a closing of above 15850 will be very important for the upcoming days. Till then review your portfolio and be stock specific.

Nifty Levels 15270-15400-15580-15800
-16200-16350-16800-17200-17400
-17700-17900-18000-18350

Nifty’s Previous Day Closing - 15699.25

Regards,
Alok Daiya