Morning Mantra, 24th May 2022

Good Morning!

On observing the Yesterday’s Trading Session, we did very well see that once again Nifty failed to sustain above the crucial level of 16400 and thereby showed us a sharp fall on the same day.

Moreover, we can see that Nifty remains to be confused in between the stated levels of 15580-15850-16400.

However, in the meanwhile we did also witness some stock specific movement in the Market throughout the day.

So, as of now stay cautious and continue being stock specific.

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

Nifty’s Closing as on 23.05.22 - 16214.70

Regards,
Alok Daiya