Morning Mantra, 4th of January 2023

٣ يناير ٢٠٢٣

What a positive start of 2023, with a back to back 2 consecutive days of positive closing of above 18170.

Wherein once again, Nifty took a beautiful support at around 18170 during the first half yesterday.

Well for now, a stable closing of above 18400 is very important in the near term. Whereas in the meanwhile, the level of 18170 will play a crucial role as a level of support for Nifty, followed by 17800.

Besides, during this period we are still with our words to stay stock specific and to continue rebalancing your portfolio for now.

Nifty Levels 15270-15400-15580-15800 
-16200-16350-16700-17300 -17800 
-18100-18350 
 
Nifty’s Previous Day Closing :- 18232.55 (+35.10)

Regards, 
Alok Daiya