Good Morning!
After witnessing a day full of volatility and a positive stock specific momentum yesterday, we are quite hopeful to witness a sharp recovery in the Market, Today.
Besides, Nifty’s repetitive attempt to take a strong support at our cautioned zone of 15270-15350, has somewhat proven to be a positive sign for the bull side momentum. Moreover, as per the current chart setup, we are quite optimistic to witness a positive weekly closing of above 15580, Today.
Also, now is an ideal time to begin following the Cherry Picking Strategy and go for reviewing your Portfolio.
Nifty Levels 15270-15400-15580-15800
-16200-16350-16800-17200-17400
-17700-17900-18000-18350
Nifty’s Previous Day Closing - 15556.65
Regards,
Alok Daiya
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