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Nifty 50 Index
Long

Morning Mantra, 18th July 2022

35
Good morning

In the Last week, Nifty took a beautiful support at the level of 15850 and had given a beautiful weekly closing, which altogether is somehow indicating a beautiful rally in Nifty in this week.

The level 16300 will be an immediate Resistance, closing above which we can face a crucial Resistance at 16700.

As of now, cherry picking will be a good strategy.

Be stock specific.

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

Nifty’s Previous Day Closing - 16049.20 (110.55)

Regards,
Alok Daiya
alokdaiya
Disclaimer: alokdaiya.in/disclaimer/

Regards,
Alok Daiya
SEBI Registered Research Analyst
INH000011468
superprofile.bio/alokdaiya
Also on:
Candlestick AnalysisNIFTYnifty50niftyanalysisniftyforecastniftylevelsniftyoutlookniftypredictionniftyviewSupply and DemandSupport and ResistanceTechnical Analysis

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.
Candlestick AnalysisNIFTYnifty50niftyanalysisniftyforecastniftylevelsniftyoutlookniftypredictionniftyviewSupply and DemandSupport and ResistanceTechnical Analysis
alokdaiya
Disclaimer: alokdaiya.in/disclaimer/

Regards,
Alok Daiya
SEBI Registered Research Analyst
INH000011468
superprofile.bio/alokdaiya
Also on:

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.