Get started

Niftyfifty

Morning Mantra, 10th February 2022Good Morning! As had been witnessed yesterday, Nifty was successful in crossing over, sustaining and in finally giving a stable closing of above 17300. So for now, the previously mentioned support level of 17085 can be trailed up to 17270. Moreover, on a positive note, the market now seems to have taken a turn towards its next Resistance level of 17650. Cherry Picking Strategy can still be followed. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTYLong
by alokdaiya
Morning Mantra, 4th February 2022Good Morning! As Nifty had marginally violated its trailed support level yesterday. It is being expected that the first 2 hours of Today will somehow be very crucial for the Market. Wherein, in the meanwhile if the index manages to sustain above 17650 and similarly give a closing of above the aforementioned level, then we can expect to witness some favourable situations in the upcoming week. Till then Stay Cautious and Be Stock Specific! Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTY
by alokdaiya
Morning Mantra, 2nd February 2022Good Morning! Just as we had stated, similarly after sustaining above the predicted levels of 17300-17400 during the budget session yesterday, we were finally able to witness a beautiful closing of around 17576 in Nifty. Moreover to recall, as per our Research we had already stated regarding us being low on our expectations from the budget. Which is why we did face a perfect correction in Nifty from around 18300 to 16800. Now that Nifty is at a very crucial stage of around 17650-17700, we can expect a sharp rise towards 18300 once after it crosses the aforementioned range. In addition to the above, it will be suggested to stay cautious and be stock specific for the next 2-3 days in order to let not just yourself, but also the stocks and the industry adjust in tune to the Budget announcement. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTY
by alokdaiya
Morning Mantra, 1st February 2022 Good Morning! It’s the Budget Day, Today and the expected range for the Market for the day will be 18350-16350, i.e., 1000 points up or down herefrom (17339). Therefore, high fluctuations in the Market can be witnessed, Today. In addition to the above, it will be suggested to give yourself some time before reaching to any conclusion during the Budget session. Stay Cautious! Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTY
by alokdaiya
Morning Mantra, 31st of January 2022Good Morning! As we have been stating that in order to witness some favourable situations in the Market, we need a stable closing of above 17300-17400. Unfortunately, even after making a high at around 17373, the index gave a Flat closing on last Friday, on facing a supply pressure at its Resistance. Moving ahead, as Today is the last day before the Budget gets announced Tomorrow. So, we can expect these 2 days (i.e., 31st of Jan & 1st of Feb) to be very crucial for the Market. Hence, the low risk appetite traders can avoid entering into any trades for these 2 days. Whereas, the others can enter trade as per their own risk appetite. However, for the purpose of capital protection, it will be suggested to avoid entering into any trade for the better. Rather, take some time to understand the budget and then enter the Market following the stock specific methodology. Moreover, high fluctuations in the Market are being expected for the Day. So Stay Cautious! Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTY
by alokdaiya
Morning Mantra, 21st January 2022Good Morning! On Witnessing a beautiful bounceback in nifty around its previous support level of 17650, it seems like it has now become very important for the Market to sustain above the level of 17820 for the first 2 hours, today. After which, we can expect to witness a short recovery of upto 17900 - 18300. Hoping for the best. Moreover, as it’s a Month of Results, so staying stock specific will still be a better idea. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTY
by alokdaiya
Morning Mantra, 18th January 2022Good Morning! As it was very much apparent, we have seen how Nifty has given a closing at a very crucial level of 18308.10 on the previous day, which however is very close to our stated level of Resistance of 18300. However, we are still quite positive for the Market, where if it manages to sustain above 18300, for the first 2 hours today, then we might witness the level of 18500 within this week itself. Moreover, we have trailed our support level to now be at 18130. In addition to which, as it’s a Month of Results, staying stock specific will still be a better option. Wherein, gradually we might move towards the mode of Cherry Picking. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTYLong
by alokdaiya
Morning Mantra, 17th January 2022Good Morning, In adherence to what we had stated on the last trading day of the previous week, similarly somewhat the same is our view for today as well, as no big momentum was observed in the Market on Friday. Where as of now we can see that Nifty is consecutively facing a Resistance at our stated level of Resistance at 18300. However, as per the chart setup, we are still positive for our predicted Target of 18500, with an immediate support of 17940. Moreover, since it’s a Month of Results, so staying stock specific will still be suggested, as of now. Nifty Levels 15580-15800-16200-16350 -16800-17200-17400-17700-17900-18000-18350 Regards, Alok Daiya
NSE:NIFTYLong
by alokdaiya