Good Morning,
It seems like the Market is still in an indecisive mode.
Even though we have seen that the index had made a high of 17600.60 approx yesterday, it was somehow very much unable to give a closing of above the levels of 17650-17700 and had finally given a closing of between our stated support levels of 17454 and 17360.
Hence, just as we have stated, it is being expected that the market will somehow stay in a correction mode till the month of December. So, it will be suggested to continue staying stock specific as of now.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
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