Morning Mantra, 24th January 2022

Good Morning!

As we can see, the Market currently seems to be at a very crucial stage, i.e. at around the level of 17630. Wherefrom, it can either take a sharp rise towards the level of 17900 or can undergo a sharp fall towards 17300.

So, Today will somehow be a very crucial day for the Market, for us to see that finally towards which direction would Nifty take a turn.

Moreover, as the pre budget fluctuations are being felt in the Market. Therefore, it will be suggested to stay cautious and to try to avoid entering into any fresh trades, as of now.

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

Regards,
Alok Daiya