Just as we had stated yesterday about being cautious as of now. Likewise, we did observe in the yesterday's trading session, that somehow the Index is now a little exhausted at its upper levels.
So, along with being cautious, now is the ideal time to work upon rebalancing your portfolios and being stock specific with our stated support levels of 18400 and 17800.
Nifty Levels 15270-15400-15580-15800
-16200-16350-16700-17300 -17800
-18100-18350
Nifty’s Previous Day Closing - 18642.75 (-58.30)
Regards,
Alok Daiya
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