Morning Mantra - 5th June 2023

Dear All,

We can see that the Market is currently trading in a consolidation zone. Wherein, it can be observed that there’s a fight going on between the bull and the bear at this level.

However, on a positive note we did get a weekly closing of above 18400 on the Last Friday.

So overall, with this positive Market Sentiment, we are still with our words that with the stop loss of 18400 on immediate basis and 18200 on the medium term basis, continue Rebalancing your Portfolio and keep following the Cherry picking strategy, as of now.

Regards,
Alok Daiya
SEBI Registered Research Analyst