Morning Mantra 22nd August, 2023

Dear All,

Once again Doji worked for nifty, as yesterday we had seen a beautiful recovery in the market where nifty once again closed at 19393 i.e. above 19300.

We are with our words once again that nifty is in super consolidation as of now and for betterment we need either side breakout (19550) or breakdown (19300).

Portfolio Rebalancing and Cherry Picking are the best strategies as of now.

Regards,
Alok Daiya