As observing the yesterday’s trading session, we can state that somewhere or the other, the Market has very well accepted the stated level of 18400 as its support. Which is why, we had finally witnessed a beautiful closing of 18608 in Nifty, yesterday.
Well as of now, we need a positive and a stable closing of above 18666, for some magical moments in the Market.
In the meanwhile, be a little cautious and with the stated support levels of 18400 and 17800 continue rebalancing your portfolio. Moreover, be stock specific and follow the Cherry Picking Strategy.
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.