Morning Mantra, 11th April 2022

Good Morning!

Well just as we saw in the last trading session, that in tune to what we had stated in our Morning Mantra update, similarly Nifty did take a beautiful bounce back, from around the level of 17630. Consequently, it had also crossed over the level of 17800, but had unfortunately failed to sustain above the stated level of Resistance.

Moving ahead, since this is a long weekend week, it will be suggested to avoid being too aggressive in the Market, as of now.

Until then continue being stock specific!

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

Regards,
Alok Daiya