Morning Mantra - 17th February 2023
Dear All,
Just as we had stated yesterday, about being very near to the level of 18170. Similarly, we did witness a high of 18134.75 in Nifty, yesterday itself.
Also, finally today is the last trading day of this week, and it is indeed expected to be a crucial one.
As so far, we have been fortunate enough to be witnessing a consistent closing of above 17800 for the past 4 trading days. Wherein, if we witness a closing of above 17800 even today, then our support level can be shifted from 17320 to 17800 in the upcoming week.
So, altogether, today’s closing will play a very significant role in deciding a direction of Nifty’s momentum for the upcoming week.
Whereas, in the meanwhile, continue being specific and keep following the Cherry Picking strategy.
Regards,
Alok Daiya
Just as we had stated yesterday, about being very near to the level of 18170. Similarly, we did witness a high of 18134.75 in Nifty, yesterday itself.
Also, finally today is the last trading day of this week, and it is indeed expected to be a crucial one.
As so far, we have been fortunate enough to be witnessing a consistent closing of above 17800 for the past 4 trading days. Wherein, if we witness a closing of above 17800 even today, then our support level can be shifted from 17320 to 17800 in the upcoming week.
So, altogether, today’s closing will play a very significant role in deciding a direction of Nifty’s momentum for the upcoming week.
Whereas, in the meanwhile, continue being specific and keep following the Cherry Picking strategy.
Regards,
Alok Daiya
Disclaimer: alokdaiya.in/disclaimer/
Regards,
Alok Daiya
SEBI Registered Research Analyst
INH000011468
superprofile.bio/alokdaiya
Regards,
Alok Daiya
SEBI Registered Research Analyst
INH000011468
superprofile.bio/alokdaiya
Related publications
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.