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Alokdaiya

Morning Mantra - 23rd February, 2023Dear All, So finally, yesterday we had seen a break down of 17800 level, a significant gap down opening and that the index was continuously under pressure throughout the day. Well, as we told you that an either side breakout or breakdown was very necessary for the trend identification, so below 17800, can once again take the market towards the level of 17320 in these two days. Patience will be a key factor here, as we had already warned you regarding this sideways momentum and that's why Stock Specific & Cherry Picking strategies were being suggested continuously. Furthermore, be Cautious for Today & Tomorrow and also be Stock Specific. Levels- 18170-17800-17320 Regards, Alok Daiya (SEBI Registered Research Analyst)
NSE:NIFTY
by alokdaiya
Morning Mantra, 20th January 2022Good Morning! Just as we had stated yesterday, similarly, we could see how crucial the day was yesterday for the Market. Where Nifty’s Trailed Support level became a Resistance for the Market, as it made a high of approx 18129 yesterday itself and ultimately we witnessed a closing of around 17938, that is above the yesterday’s stated level of support. Now it is for us to wait and watch. Since, it is a day of weekly clearing today, it will become all the more important for the Market to sustain above the level of 17900, in order to bring up some favourable situations, else it can bring a lot of panic. Be Cautious and Stay Stock Specific. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTY
by alokdaiya
Morning Mantra, 19th January 2022Good Morning! What else can be a better start than to share that what a commendable alert and a pre market awareness it was from our side, to stay cautious if the Market fails to sustain above 18300 during the first 2 hours, yesterday. In adherence to which we did definitely witness how after being unable to sustain above the stated level, #Nifty had tumbled down to a low of around 18085. Well as of now, it will be a Crucial Day today. Where 17900 will play a role of an immediate support, and sustaining above which, will be a good sign for the Market. Otherwise, it can surely create a panic. Staying Cautious and being Stock Specific are still the golden mantras to be followed. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTYLong
by alokdaiya
Morning Mantra, 6th January 2022Good Morning! What a wonderful rally of almost 500 points we have got to witness from Nifty, in these 3 days. As the Market seems to have stepped onto the stairs of an uprise, we can upgrade our immediate level of support to now be at 17800, followed by 17630 and 17360, respectively. However, the level of Resistance will remain to be the same, i.e., at 18090, as of now. Moreover, since it’s a Month of Corporate Earnings, it will be suggested to stay cautious and to be stock specific, for the better. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTYLong
by alokdaiya
Morning Mantra, 30th December 2021Good Morning! Currently, Nifty seems to be trading in a narrow range of 17,155-17,220-17,360. Wherein, the level of 17,155 has become the level of support for the Index and 17,360 is the level of Resistance, as of now. Moreover, let’s wait and watch through this narrow range. As it is being expected that currently, the Market will continue trading in this range. Also, we are finally near to the Happy Year Ending of 2021. Stay Stock Specific. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTYLong
by alokdaiya
Morning Mantra, 29th December 2021Good Morning! Just as we have been stating since few days now that Nifty is trading in a super consolidation zone. Similarly, we did witness the same yesterday also, as Nifty traded in a sideways zone for almost the entire day. But again, fortunately by the end of the day we had also witnessed a closing of above our predicted level of Resistance at 17220, which altogether was a good sign for the Market. Moreover, Now the level of Resistance for the index will be at around 17360, whereas on the downside, the level of support has also shifted upwards to 17155. In addition to which, as only 3 more days are left for the Crucial Month of December to end. Stay Cautious, Stay Stock Specific and Keep following the Cherry Picking strategy, as of now. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTYLong
by alokdaiya
Morning Mantra, 27th December 2021Good Morning! In reference to our stated level of support for the index, which was shifted to 16970, we did observe that even after making a low of 16909 during the Market hours, Nifty had ultimately managed to give us a closing at a crucial level of 17000 approx. Well, as of now, it is being expected that due to the festive vibes, the Market will still continue trading in a sideways or consolidation zone for this week as well. Moreover, as the December days are crucial, we are still with our suggestion to stay cautious for this last week of December and to keep following the Cherry Picking strategies, as of now. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTYLong
by alokdaiya
Morning Mantra, 24th December 2021Good Morning! Just as we had very clearly stated in our Morning Mantra update yesterday, that it’ll be a good sign for the Market, if somehow Nifty manages to sustain above the level of 17000 for the first 2 hours of the Market. Fortunately, we did very well witness it yesterday itself, that after consolidating for almost 6 hours, the index was successful in sustaining above the level of 17000 and in support of it, had also given us a closing of above the stated level. Moreover, as the index had somehow traded in a consolidated zone for almost the entire day, hence we can say that now the support zone of Nifty will also shift upwards, i.e., at around the level of 16970. Wherefrom, now the expected targeted levels of resistance for Nifty will be around 17220 and 17366 respectively. In addition to this, as the days are crucial, we are still with our suggestion to stay cautious for the Month of December and to keep following the Cherry Picking strategies, as of now. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTYLong
by alokdaiya
Morning Mantra , 23rd December 2021Good Morning! Just as we had already stated in our Morning Mantra Updates, similarly, we did very much witness that Nifty had faced a resistance at two of our stated levels of 16800 and 16960 respectively. However, yesterday, Fortunately or Unfortunately the index had ultimately given us a closing at around the crucial level of 16955. Moreover, as today is a Thursday, so it is being expected that the first 2 hours will somehow be very crucial for the Market. Wherein, if Nifty manages to enter the house of 17000 and manages to sustain in there for about this 2 hour span of time, then it can be a good sign for the Market. On the other hand, on the downside, 16600 will be a level of support for the Market. Also, just as we have already been stating these days, that there is a sheer need to stay cautious for this Entire Month of December. Similarly, it will still be suggested to remain cautious, to stay stock specific and to follow the Cherry Picking strategy, as of now. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTY
by alokdaiya
EXPECTING AN UPRISE OF 8.11% IN DFMFOODSAs per the 2 Hour Chart of DFM FOODS, we can see a beautiful Formation of "Bullish Engulfing" on the chart. Therefore, we are expecting a bullish momentum in DFMFOODS in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 304, 313.6, and 320. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 290.30, on closing basis. Closing Price (as on 22.12.21) : 296 Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
DLong
by alokdaiya
Morning Mantra, 22nd December 2021Good Morning! Just as we had stated about the favourability of witnessing a closing of above 16600. Similarly, we had experienced it yesterday itself that taking a support of 16600, Nifty had beautifully taken a bounce back therefrom, and had made a high of 16936.40 approx. But on the other hand, unfortunately even after spending almost the entire day above the level 16800, Nifty was unable to sustain above 16800 and as a result it gave us a closing of below 16800, i.e., around 16770.85 approx. Well for Today, the formation of a beautiful Hammer pattern on the hourly chart, indicates a hope for some optimism in the Market. Yet in support of that, we need to witness a strong and stable closing of above 16800 and 16960 respectively. So, as of now we will be considering 16960 to be a crucial level of resistance for Nifty. Also, keep your calm and patience until this crucial Month of Entire December. In addition to which, we are still in support of our suggestion to go for some Cherry Picking strategies, instead of being too aggressive, as of now. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTY
by alokdaiya
Expecting a Bullish Move in UPLOn the 1 Hour Chart of UPL LTD., we can witness a beautiful Formation of "Bullish Engulfing" on the downside levels. Therefore, we are expecting a bullish momentum in the stock in the upcoming trading sessions. Where the stock is being expected to face a resistance initially at around the levels of 741.10, 747.80, and 755.10. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 728.15, on closing basis. Closing Price (as on 16.12.21) : 735 Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
NSE:UPLLong
by alokdaiya
Morning Mantra, 17th December 2021Good Morning! We are glad to share the accuracy of 8th Club’s Research on the Market. As just like we had stated yesterday, similarly in the yesterday’s trading session itself, we had witnessed that once again, how after not being able to cross the resistance of 17,360 on the upper side, Nifty had tumbled down to below our stated level of support which was at 17,220. However, not being to sustain at the downside levels as well, Nifty had ultimately given a closing of 17248 approx. Which altogether indicates the accuracy of our analysis and that the Market is still very much in a super consolidation zone. Hence, we are still with our words as staying cautious and being stock specific will be the best strategy that can be followed at the moment and until the Market decides for a fresh new direction. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTY
by alokdaiya
Morning Mantra, 16th December 2021Good Morning! Just as we had stated yesterday, similarly we did witness how Nifty was ultimately unable to break the stated level of support which was at 17220 and instead had unfortunately traded between the stated levels of 17360-17220, i.e., it traded between 140 points for 6 hours straight. Thereby, indicating its movement in a super indecisive mode along with the stock specific momentum for the entire Trading session, yesterday. Therefore, as per the current market situations, it will still be suggested to stay stock specific and to remain cautious. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTY
by alokdaiya
Bullish Momentum is being Expected in “TATAMOTORS” On the 1 Hour Chart of TATAMOTORS, we can witness a beautiful Formation of "Bullish Harami" on the downside levels. Therefore, we are expecting a bullish momentum in the stock in the upcoming trading sessions. Where the stock is being expected to face a resistance initially at around the levels of 504.50, 511.95, and 520. In addition to this, the stock may face a support at the level of 487.10. Closing Price (as on 14.12.21) : 496 Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
NSE:TATAMOTORSLong
by alokdaiya
Morning Mantra, 14th December 2021Good Morning! Today, will be a very crucial day for the Market. Where, it will be suggested to kindly avoid going for any fresh trades, instead wait and watch for a stable closing. Since, just as we had stated in yesterday’s Morning Mantra, similarly we did witness a sharp rise in Nifty in the early hours itself. However, due to the pressure of supply, we did also observe how by not being able to sustain above our stated level of resistance (i.e., of above 17,650), the Index had in turn given us a closing at a very crucial level, yesterday (approx 17,368.25) Hence, for now, it will be suggested to avoid any kind of panic and to keep patience along with staying stock specific. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTY
by alokdaiya
Morning Mantra, 13th December 2021Good Morning! Just as we had been expecting to witness a sharp rally in the index on the last Friday itself. The index, in turn, somehow gave us a flat closing, on the last trading day. Well, as of now we are expecting to witness the same positive small Christmas rally in the Market in this week, i.e., a sharp rise in Nifty, wherein the index might initially face a resistance at around the level of 17800. In addition to which, we are still with our words as Staying Cautious and Being Stock Specific will remain to be the fruitful strategies that can be followed. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 With a Positive Return of 2.25% in the previous week, 8 ke Thaat has successfully completed 71 weeks. Moving ahead to the 72nd week, here are the following 8 picks that it includes: SCHNEIDER, SUPRAJIT, RPGLIFE, ADVENZYMES, LAURUSLABS, NIACL, LICHSGFIN and RBLBANK. Regards, Alok Daiya
NSE:NIFTYLong
by alokdaiya
Morning Mantra, 10th December 2021Good Morning! Finally we have witnessed a closing of above the level of 17360, consistently for 2 days now. Moreover, as of now, we are expecting a sharp rise in Nifty, Today! Where if, even though the index fails to do so and in turn somehow manages to give a closing of above 17454, then in such circumstances we will still hold an expectation for a positive momentum in Nifty in the upcoming days. Adding on to which, the level of 17800 will remain to be our first level of resistance for the Index, as of now. Also, we are still with our words as being stock specific and following the Cherry Picking strategy will still be favourable for the Market Participants. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTYLong
by alokdaiya
Morning Mantra, 9th December 2021Good Morning! Finally, yesterday we were able to witness a wonderful closing of above 17360 in Nifty. However, the danger hasn’t subsided till yet, since just like 2nd December 2021, Nifty has once again made a high of around 17480 approx. Which in turn is still a matter of concern. Moreover, we can state that if Today Nifty manages to sustain above the level of 17454, during the first 2 hours, then we might get to witness Nifty at 17800 very soon. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTYLong
by alokdaiya