Morning Mantra, 10th October 2022

Fortunately, Nifty gave us a positive closing of above 17270, for the past 3 consecutive days, in the previous week. Also, as per the current chart setup, we are still with our words that if Nifty continues to sustain above the level of 17170 and 16940 on closing basis, then it will give a positive strength to the Market for the upcoming rally.

However, keep in mind that the Market is in a price correction mode as of now, so we have to be stock specific and ready for volatility.

Also, have to keep patience, in case of any gap up or gap down opening today.

Nifty Levels 15270-15400-15580-15800
-16200-16350-16700-17300 -17800
-18100-18350

Nifty’s Previous Day Closing - 17314.65 (17.15)

Regards,
Alok Daiya