Morning Mantra, 11th March 2022

11 mar 2022

Good Morning!

Satisfying the need of the hour, Nifty made an opening at its day high of 16757 approx yesterday, and thereafter gradually made a low of around 16447.90 during the day. But, it also somehow managed to give us a stable closing of above 16200, i.e., around 16594.90, in the yesterday’s trading session.

However, there’s still a need to stay cautious today, as we require to witness a closing of above 16200, today as well. So, stay stock specific and do keep a strict watch on the indices closing today.

Also, continue following the cherry picking strategy, as of now.

Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350

Regards,
Alok Daiya