Morning Mantra, 26th July 2022

Good Morning,

Just as we had stated yesterday itself, about booking profits till the time the market is near 16700. Similarly, a great deal of profit booking was observed in the Market yesterday.

As of now, with the support of 16300 continue following the Cherry Picking Strategy.

Be Stock Specific and stay Cautious as a weekly closing of above 16700 has now become very important.

Nifty Levels 15270-15400-15580-15800
-16200-16350-16800-17200-17400
-17700-17900-18000-18350

Nifty’s Previous Day Closing - 16631 (88.45)

Regards,
Alok Daiya