Morning Mantra, 8th February 2022

Good Morning!

Being unable to cross over 17650, Nifty gave us a closing of around 17213 yesterday, which now raises a concern.

Therefore, in order to regain the strength, it has now become important for the index to sustain above 17300 for at least the first 2 hours today.

Stay Cautious, wait and watch and avoid being too aggressive with your trades as of now.

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

Regards,
Alok Daiya