Morning Mantra, 15th September 2022

Once again, our stated level of 18090 has become crucial for the Market. As even after making a high of 18091 yesterday itself, Nifty had failed to sustain above the level of 18090 for another consecutive day.

Whereas for now, it is being expected that Today will somehow be a crucial day. So, tighten your seat belt as today will be a 3rd day for Nifty to cross over and give a closing of above 18090.

Although as per our analysis, there’s a good probability that Nifty will give a closing of above 18090, today. While on the other hand, if Nifty somehow fails to do so then we can witness a strong pull back in the Market for the next 8-10 days.

Stay stock specific.

Nifty Levels 15270-15400-15580-15800
-16200-16350-16700-17300 -17800
-18100-18350

Nifty’s Previous Day Closing - 18003.75 (-66.30)

Regards,
Alok Daiya