Morning Mantra - 15th May 2023

Updated
Dear All,

So, Finally we had witnessed a weekly closing of above 18200 in the last week, as Nifty made a closing of 18314.80

This altogether is quite a positive sign for the Market on technical parameters.

As of now, we are quite positive on the Market regarding witnessing a new high in Nifty in the coming days. So, with the stop loss of 17800, we are with our words to keep Rebalancing your Portfolio and to keep following the Cherry picking strategy for now.

Happy Investing!
Happy Trading!

Regards,
Alok Daiya
SEBI Registered Research Analyst
Note
Yippee! Our Morning Mantra has been proven to be on point once again!!!!
As Nifty has finally made its Fresh New high of 19011.25, dated : 28th June 2023
Candlestick AnalysisNIFTYnifty50niftyanalysisniftylevelsniftyoutlookniftypredictionniftytrendniftyviewSupply and DemandSupport and ResistanceTechnical Analysis

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Regards,
Alok Daiya
SEBI Registered Research Analyst
INH000011468
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