Morning Mantra, 10th November 2022

Just as we had stated yesterday, about the doji formation on the day and weekly chart pattern and about its indication for cautiousness. Likewise, we witnessed the same in yesterday's trading session itself. Where even after a beautiful gap up opening in Nifty we had observed a significant supply pressure in the Market.

However, the overall market sentiments still seem to be positive with the support level of 17800. Besides, we can see that the Market is very stock specific nowadays. Moreover, as it's a Result Season we have to continue with this stock specific strategy for another 1-2 weeks.

So, with the support of 17800, continue being stock specific as of now, and keep cheering for Team India Today!

Nifty Levels 15270-15400-15580-15800 
-16200-16350-16700-17300 -17800 
-18100-18350 
 
Nifty’s Previous Day Closing - 18157 (-45.80)

Regards, 
Alok Daiya