Morning Mantra, 23rd June 2022

Good Morning!

On being unable to give a closing of above 15580 yesterday, Nifty has once again raised a concern.

However, as of now there’s still a positive ray of hope as the index had managed to sustain above its cautioned zone of 15270-15350, on closing basis.

Moreover, as we have already stated, these 2 Trading days, i.e., Today and Tomorrow, will be very crucial for the Market. Wherein witnessing a weekly closing of above 15580 has become very important.

So, till then, stay cautious and wait for a positive closing from Nifty in this week.

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

Nifty’s Previous Day Closing - 15413.30

Regards,
Alok Daiya