Good Morning!
We are glad that our Pre Market Morning Mantra updates are fruitfully helping our followers each day. As once again, Just as we had stated about our thoughts on the worst getting over, yesterday, similarly we did see a beautiful bounce back in the Market, where from its low of 15671, nifty had made a high around 16028 on the same day itself.
Moreover, here it seems like the Market has now entered into a war zone. Where, 15850 and 16200 are the levels where we can see a war between the buyers and the suppliers.
However, for the situations to be in favour, it has become very important for us to witness a stable closing of above the level of 16200.
In the Meanwhile, Cherry Picking will be a good strategy if followed.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
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