Morning Mantra, 7th September 2022

Just as we have been stating these days, similarly Nifty is consistently trading in an indecisive mode. Rather we can observe how the index is struggling to cross over the big candle that was made on 30th of August 2022.

However, we are still with our words, that with the support of 17300 on closing basis, a cross over of above 17800 will bring a substantial rise in the levels of Nifty.

Until then continue following the Cherry Picking Strategy.

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

Nifty’s Previous Day Closing - 17655.60 (-10.20)

Regards,
Alok Daiya
Candlestick AnalysisNIFTYniftyanalysisniftyforecastniftyindianiftylevelsniftyoutlookniftysnalysisSupply and DemandSupport and ResistanceTechnical Analysis

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