Morning Mantra - 31st March 2023

Dear All,

After a day’s break, here we are with our Morning Mantra on Nifty for Today!

So finally on Wednesday, we had witnessed a beautiful recovery in Nifty, which was expected.

Moreover, we also got a closing of 17080.70, but still we need a positive and a stable closing of above 17180.

As this is the last trading day of this week, so we have to observe the Market today, for a positive closing. Wherein, Cherry Picking strategy will be a good idea as of now, with the stop loss of 16800.

Furthermore, Today’s closing will be very important for the Market Participants.

Regards,
Alok Daiya
SEBI Registered Research Analyst