Morning Mantra, 30th June 2022

Good Morning!

It’s again back to back a second day where after a Gap down opening by Nifty, we had witnessed a recovery in the index during the day. However, unfortunately despite its attempt, the index was once again unable to give a closing of above its crucial Resistance level of 15850 yesterday.

So, as of now we are still with our words that a stable closing of above the stated zone of 15850-15950 will be very important for the Market.

Until then stay cautious, be stock specific and avoid being too aggressive in the Market.

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

Nifty’s Previous Day Closing - 15799.10

Regards,
Alok Daiya