Nifty 50 IndexLong
Morning Mantra - 27th July 2023
Dear All,
Just as we had stated yesterday about witnessing a bounce back in Nifty. Likewise the same was observed in the Market, yesterday itself.
So as per the current scenario, Nifty somehow seems to be creating a platform in between the levels of 19800-19550.
Therefore, in such a situation we have to be stock specific and have to keep rebalancing our portfolio. Moreover, since today is the day of weekly settlement, therefore we have also to be cautious for the day.
In the meanwhile, with the stop loss of 19550, we can continue following the Cherry Picking strategy for now.
Regards,
Alok Daiya
SEBI Registered Research Analyst
Just as we had stated yesterday about witnessing a bounce back in Nifty. Likewise the same was observed in the Market, yesterday itself.
So as per the current scenario, Nifty somehow seems to be creating a platform in between the levels of 19800-19550.
Therefore, in such a situation we have to be stock specific and have to keep rebalancing our portfolio. Moreover, since today is the day of weekly settlement, therefore we have also to be cautious for the day.
In the meanwhile, with the stop loss of 19550, we can continue following the Cherry Picking strategy for now.
Regards,
Alok Daiya
SEBI Registered Research Analyst
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
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