Morning Mantra, 1st July 2022

Good Morning!

As per the ongoing scenario, it seems that the fight in between the Nifty levels is still on. Wherein, a Doji formation at the current levels, is somehow once again indicating an indecisive mode in Nifty.

However, with an immediate support of 15700 on a closing basis, we are expecting to witness a jump in the index for the levels of 15850-15950.

So, until then stay cautious and be stock specific.

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

Nifty’s Previous Day Closing - 15780.25

Regards,
Alok Daiya