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Nifty 50 Index

Morning Mantra, 30th August 2022

63
Just as it was expected, similarly Nifty did show us a gap down opening, yesterday. However, it also managed to show us a recovery, as it ultimately gave a closing just above our stated support level of 17300. Which somehow is a good sign.

Besides, since this week consists of 3 Trading Days only, it will be suggested to be stock specific and to remain cautious for this week.

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

Nifty’s Previous Day Closing - 17312.90 (-246.00)

Regards,
Alok Daiya
alokdaiya
Disclaimer: alokdaiya.in/disclaimer/

Regards,
Alok Daiya
SEBI Registered Research Analyst
INH000011468
superprofile.bio/alokdaiya
Also on:
Candlestick AnalysisNIFTYnifty50niftyanalysisniftyforecastniftylevelsniftyoutlookniftypredictionniftyviewSupply and DemandSupport and ResistanceTechnical Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Candlestick AnalysisNIFTYnifty50niftyanalysisniftyforecastniftylevelsniftyoutlookniftypredictionniftyviewSupply and DemandSupport and ResistanceTechnical Analysis
alokdaiya
Disclaimer: alokdaiya.in/disclaimer/

Regards,
Alok Daiya
SEBI Registered Research Analyst
INH000011468
superprofile.bio/alokdaiya
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.