Good Morning!
Just as we had observed in the last trading session as well, Nifty is currently consolidating between the levels of 17300-16990 and is facing difficulty in either crossing over 17300, or breaking down the level of support of 16990.
Therefore, it is a time to wait for the index to take a direction on the either side.
Until then, Stay Cautious, be Stock Specific and continue following the Cherry Picking Strategy.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
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