Morning Mantra, 13th April 2022

Good Morning!

So, Today is the last trading day of the week.

It has now become very important for the index to take a bounce back herefrom and consequently give us a closing of above 17630 for us to be to back to a comfort zone. Moreover, the level of 17310 can now be seen as a crucial level of support for the index.

Since, it’s a last trading day, continue being stock specific. The magic of which we have been seeing since the past few days. Where we had clearly stated to go for being stock specific, rather than being too aggressive, and similarly there has been a stock specific momentum throughout.

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

Nifty’s Closing as on 12.04.22 - 17530.30

Regards,
Alok Daiya