Morning Mantra, 12th January 2022

Good Morning!

Just as it was very much apparent in the yesterday’s trading session, we did observe how Nifty had continued trading in its Range bound zone and similarly was unable to cross the stated level of Resistance of 18090.

Moreover for Today, it is being expected that if for the first 2 hours, the index manages to sustain above the level of 18090, then there’s a possibility for us to witness the level of 18300 in the upcoming days.

In addition to which, staying stock specific strategy will still be fruitful if followed, as it’s a Month of Results.

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

Regards,
Alok Daiya