Morning Mantra, 5th April 2022Good Morning!
What a Beautiful Mantra by 8th club!
Where we had much correctly predicted the 2000 points rally, when Nifty was just at 15850. Now it’s time to celebrate this accuracy as Nifty has successfully crossed 17850, that too within a month.
Moving ahead, Nifty is now ready to move ahead to its previous high of 18600.
Until then stay stock specific and continue following the cherry picking strategy.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Niftyfifty
Morning Mantra, 4th April 2022Good Morning!
Welcome to the 1st Week of the New Financial Year!
We are glad to share that very beautifully we have almost completed the journey from 15850 to 17630, as was predicted by us.
Moving ahead, as predicted the index now seems to be ready to move forward to the next level of Resistance of 17800, which however does not seem to be too far.
Moreover, it is being expected that the index can soon reach its previous high of 18600 approx by the Month of April-May, subject to any systematic risk.
Stay Stock Specific and continue following the Cherry Picking Strategy.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Happy New Financial Year!
Regards,
Alok Daiya
Morning Mantra, 1st April 2022Good Morning!
As even yesterday we had witnessed a stable closing of above 17300 in Nifty. We can say that somehow the probability of the index moving ahead to the next level of Resistance of 17630 and gradually to 17800 has increased.
Thereby, with our trailed support level of 17300, we are now looking forward to witness a further uprise in the levels of the Index in the upcoming days.
Until then, stay Stock Specific and continue following the Cherry Picking Strategy.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Nifty in Range !!📈Nifty📉
Nifty is in Box of 440 Points 17000-17440.
Have to wait for Breakout or BreakDown.
All Important Supports and Resistances are drawn in chart.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Morning Mantra, 25th March 2022Good Morning!
On recalling the Market momentum of the yesterday’s trading session, we did observe that even after an opening on a weaker note, Nifty ultimately did manage to give us a positive closing. Due to which, we could sense the positive strength in the Market.
As a further support to this strength, it has now become very necessary to witness a closing of above 17300 on a weekly basis.
Well, as of now, be stock specific and continue following the Cherry Picking Strategy.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 22nd March 2022Good Morning,
As expected and already stated, the level of 17300 is now a crucial resistance for the index and the same had been observed in the yesterday's trading session as well.
Moreover, as per the current chart setup, we are expecting a healthy pull back towards 16990 in nifty, for its another attempt to cross a its crucial resistance of 17300.
Also in a way, we are quite optimistic for a weekly favorable breakout. Meanwhile, be stock specific and continue following the cherry picking strategy.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 21st March 2022Good Morning!
It was almost everyday in the previous week that we had beautifully witnessed a stable closing of above the crucial support level of 16800.
So, on considering the current scenario we can say that now the Market will be facing a Resistance, initially at a level of around 17300. Where on a positive note, we are expecting that here the Market is ready for a new rally.
Therefore, apart from the systematic risk, there’s a huge probability for the Market to touch its previous high, utmost by the month of March-April.
Besides that, stay stock specific and continue following the cherry picking strategy.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 16th March 2022Good Morning!
Just as we had stated yesterday, about the probability of witnessing a “false or a suspicious breakout in the indices closing” on the other day. The relevance of the same was clearly evident from the yesterday’s Market session, where even though nifty tried to hold around the level of 16800 for about half a day, but had ultimately failed to do so, and thereby showed us a sharp decline by giving us a closing of 16663.
So, now there will be a requirement of witnessing a stable closing of above 16800, on a weekly basis.
Stay Cautious and be Stock Specific.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 15th March 2022Good Morning!
What a beautiful rally of almost 1000+ points was witnessed in the Market yesterday, from the time when we had predicted on the “probability of the worst getting over”, when the index was just around 15850.
Also, Finally, in the yesterday’s Market Session, Nifty was successful in crossing over its Resistance level and thereby giving us a stable closing of above 16800.
However, that seems to be a false, or, we can say it as a suspicious breakout. Hence, Nifty’s closing for this entire week will be under observation, as a mark of confirmation for a further rise in the index. So, do keep a strict watch on the indices closing for the week.
Moreover, since this week is more of a holiday week, due to the occasion of Holi. It will be suggested to avoid being too aggressive and to rather be stock specific as per the current chart setup.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 9th March 2022Good Morning!
We are glad that our Pre Market Morning Mantra updates are fruitfully helping our followers each day. As once again, Just as we had stated about our thoughts on the worst getting over, yesterday, similarly we did see a beautiful bounce back in the Market, where from its low of 15671, nifty had made a high around 16028 on the same day itself.
Moreover, here it seems like the Market has now entered into a war zone. Where, 15850 and 16200 are the levels where we can see a war between the buyers and the suppliers.
However, for the situations to be in favour, it has become very important for us to witness a stable closing of above the level of 16200.
In the Meanwhile, Cherry Picking will be a good strategy if followed.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 2nd March 2022Good Morning!
The Importance of the levels of 16200 and 16800 were very well witnessed in the last trading session. Wherein not violating the support level of 16200, Nifty made a high of around 16815.90, but still had somehow failed to cross over and similarly give us a closing of above 16800.
Hence, witnessing a stable closing of above 16800 will still be of utmost importance as of now. Until then, stay cautious and be stock specific.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 28th February 2022Good Morning!
A recovery of almost 400 points from the crucial support level of 16200 was witnessed in the last trading session, which however was a positive sign for the Market.
Besides, in the midst of the seriousness of the ongoing global situations, there will still be a need to stay Cautious and to avoid being too aggressive until the index stably crosses and gives a closing of above the level of 16800, an important level which would now work as an initial crucial level of Resistance.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 25th February 2022Good Morning!
Finally, Nifty has taken a move out of its consolidation zone. Wherein, it has taken a move towards the downside levels.
Moreover, Just as we had stated, similarly we could very well see how this week was somehow very crucial for the Market Participants. Also, as had been clearly stated this week has given us a clear cut indication for the Market’s movement for the upcoming 3-4 Months.
In addition to which, where the level of 16800 was very much a crucial support level. Unfortunately due to a gap down opening of the yesterday’s session, Nifty could be seen breaking another support level of 16400 and thereafter finally landing down to 16200.
Although even 16200 has been a very crucial support level for the Market. So, as of now, if anything goes unfavourable then the levels of 15850 and 15580 will once again become very much active.
So, there’s a high requirement of staying cautious as of now and to extremely avoid being too aggressive in the Market until the market stabilizes.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 24th February 2022Good Morning!
As it was very much evident from the yesterday’s Market session as well, Nifty seems to be utterly confused within its predicted range of 17300-16800. As it is clearly observable, the index is finding a lot of difficulty in either stably crossing over or breaking down through the stated levels of Resistance and Support respectively.
So, on keeping the indices movement on our strict watch, we need to be highly cautious and wait for it to stably take a fresh move on the either side.
Stay Cautious and avoid being too aggressive, as of now.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 23rd February 2022Good Morning!
It seems like the level of 16800 is somehow or the other working as a level of support for the Market. But in accordance to the ongoing condition of the entire world we will still suggest to stay cautious regarding the market movement.
Although yesterday’s movement had once again given us a positive indication of 16800 being the level of support on the downside, and 17300 as a Resistance on the upper side.
Besides, we still have 3 more days left for a clear cut market indication. Where we are somehow very optimistic that an indication for a further move will be shown within this week itself.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 22nd February 2022Good Morning!
Uncertainty is still there, doji formation is a clear cut indicator of a Fight between the buyers & the suppliers.
As we said yesterday, similarly we had seen high volatility in the market in the last trading session.
Cautiously participating in this crucial week will be a better idea along with the following of stock specific strategy.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 21st February 2022Good Morning!
As per Nifty’s positive chart setup, it is being expected that there’s a probability of witnessing a sharp movement of either side in this week, where we are somehow quite optimistic for the upperside.
Yet on a safer note, stay cautious and continue being stock specific for this week, as it is during this time that we might get to know a lot about the happenings of the Market, for the upcoming 3-4 Months.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 18th February 2022Good Morning!
Fortunately we did witness a closing of above 17300 for 3 consecutive days.
Moreover, we are now positive on the Market. Although there is still a need to stay cautious as of now. In addition to that, it is being expected that we can witness a sudden and a sharp rise in the upcoming days.
Also, continue staying Stock Specific.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 17th February 2022Good Morning!
Fortunately, even yesterday we witnessed a closing of above 17300 from Nifty. So, with one more day left to witness such a closing, let us hope for the best.
Stay cautious and keep your eyes on the index. Moreover, 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
Morning Mantra, 16th February 2022Good Morning!
Just as it had been stated yesterday, similarly we did witness a beautiful bounce back in Nifty from the level of 16842. As also did we witness a closing of above 17300, yesterday itself.
Now, with staying cautious we are looking forward to a stable closing of above 17300 for 2 more days (i.e., Today and Tomorrow).
Also, keep up with the strategy of Cherry Picking, as of now.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 15th February 2022Good Morning!
Just as we had stated about the range of 17650-17300 and about the expectation of getting a clear cut indication from the Market. Similarly, we had witnessed a sharp fall in the Market yesterday.
Well as of now, on the hourly basis we are just at the neckline of the Head & Shoulder Pattern. Thereby, expecting to witness a bounce back herefrom (around 16842). Wherein, by Thursday if Nifty manages to stably sustain above 17300, then it will be considered as a good sign for the Market in the upcoming months. Otherwise, we can expect a downfall up till 16200.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Morning Mantra, 14th February 2022Good Morning!
Once Again on Friday we witnessed a gap down opening in the Market, which happened to continue till the end of the day. Thereby highlighting the importance of the 17,650 level. Where on being unable to cross over it, Nifty clearly took a downturn making a low of 17303, that is around our predicted support level.
Hence, we can say that at this crucial time the Market seems to be critically moving within its consolidated range of 17650-17300. Wherein, now we highly need to witness a clear indication from the market about it to either break down or cross over the predicted levels.
However, we can presume the mixed pack of corporate results to be responsible for such a consolidation. Besides, we are still with our words to be stock specific and to follow the Cherry Picking strategy here, as a cautious move.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya