Morning Mantra, 1st November 2022

Just in accordance to our expectations, Nifty has finally taken a beautiful breakout from its crucial Resistance level of 17800, and has successfully managed to enter in its 18s (18000) once again.

However, today’s closing will play an important role, as we will wait and watch for another day’s consecutive closing of above 17800.

18100 will be our next target as of now and in coming days 17800 will play a crucial support level for nifty.

Happy Learning & Be Stock Specific.

Nifty Levels 15270-15400-15580-15800 
-16200-16350-16700-17300 -17800 
-18100-18350 
 
Nifty’s Previous Day Closing - 18012.20 (225.40)

Regards, 
Alok Daiya