Morning Mantra, 16th December 2022

Just as we had stated yesterday about being cautious as a result of witnessing the Doji formation on the daily chart of Nifty. Likewise, we can see that the Index is back near to its support level of 18400 once again.

Well for now, let's consider Today as a No Trading Day!

Moreover, since today is the last trading day of this week, so be a little cautious along with being stock specific.

Nifty Levels 15270-15400-15580-15800 
-16200-16350-16700-17300 -17800 
-18100-18400
 
Nifty’s Previous Day Closing - 18414.90 (-245.40)

Regards, 
Alok Daiya
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Regards,
Alok Daiya
SEBI Registered Research Analyst
INH000011468
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