Morning Mantra, 28th July 2022

Good Morning!

Gladly, yesterday itself we had restated about the overall Market sentiments being positive and on the very same day we got to witness a good stock specific momentum and a recovery of almost 158 points in Nifty, on a closing basis.

Well as of now, we are still with our words, that the positivity in the Market will be boosted once we get a stable weekly closing of above 16700. Moreover, the stated level of stop loss remains to be the same as of now, i.e., at 16300.

Continue being stock specific and stay cautious.

Nifty Levels 15270-15400-15580-15800
-16200-16350-16800-17200-17400
-17700-17900-18000-18350

Nifty’s Previous Day Closing - 16641.80 (157.95)

Regards,
Alok Daiya