Morning Mantra - 17th March 2023

Dear All,

So, Eventually Nifty did touch the level of 16850, followed by a spectacular recovery in the second half and finally gave a closing with a beautiful doji formation, that all the bulls were looking for.

But still the danger is not completely averted. So, we will have to wait for today's closing for the long term results.

Besides, 17180 will be our next important level, after which we will be able to think for some more aggressive investments.

Until then, stay stock specific.

Regards,
Alok Daiya
SEBI Registered Research Analyst