Morning Mantra, 13th September 2022

The positive momentum is still continued in the Market. Also the positive FII buying is continuously trying to support the Market for a new high by this Diwali. On the other hand, the supply is clearly visible on the upper levels, as of now.

However, we are still with our words that with the support of 17300, if Nifty manages to stably cross over above 18090, then very soon the level of 19380 will be activated, subject to any systematic risk.

Until then, continue being stock specific and enjoy the ongoing market momentum.

Nifty Levels 15270-15400-15580-15800
-16200-16350-16700-17300 -17800
-18100-18350

Nifty’s Previous Day Closing - 17936.35 (103.00)

Regards,
Alok Daiya