Morning Mantra - 4th May 2023

Dear All,

So yesterday was another day of Consolidation where Nifty is somehow trading in between the levels of 18200 and 18000.

Moreover, since today is the day of weekly settlement, so be cautious.

For now, 18200 will work as a level of Resistance and 17800 will be our nearest support level.

In the meanwhile, keep following the Cherry picking strategy with the stop loss of 17800.

Regards,
Alok Daiya
SEBI Registered Research Analyst