Morning Mantra - 28th July 2023
Dear All,
Just as we had stated yesterday, about our expectation of witnessing a selling pressure. Likewise the same was observed in the Market yesterday itself.
Moreover, yesterday Nifty made a low of 19603, which was somehow very near to our stated support level of 19550 (with a difference of only 50 points approx).
Furthermore, since today is the last trading of the week, therefore we have to be quite cautious. As once again, there’s a probability of witnessing some supply pressure in the Market.
Last but not the least, as of now it will be very important for us to witness a closing of above 19550 in Nifty.
Regards,
Alok Daiya
SEBI Registered Research Analyst
Just as we had stated yesterday, about our expectation of witnessing a selling pressure. Likewise the same was observed in the Market yesterday itself.
Moreover, yesterday Nifty made a low of 19603, which was somehow very near to our stated support level of 19550 (with a difference of only 50 points approx).
Furthermore, since today is the last trading of the week, therefore we have to be quite cautious. As once again, there’s a probability of witnessing some supply pressure in the Market.
Last but not the least, as of now it will be very important for us to witness a closing of above 19550 in Nifty.
Regards,
Alok Daiya
SEBI Registered Research Analyst
Disclaimer: alokdaiya.in/disclaimer/
Regards,
Alok Daiya
SEBI Registered Research Analyst
INH000011468
superprofile.bio/alokdaiya
Regards,
Alok Daiya
SEBI Registered Research Analyst
INH000011468
superprofile.bio/alokdaiya
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