Morning Mantra - 16th May 2023

Dear All,

Yesterday was indeed a wonderful day for the Market. Wherein we had observed an excellent performance by almost every sector.

Besides, just as we had been repeatedly stating about witnessing a push towards the new high, once after Nifty gives a stable weekly closing of above 18200. Likewise, the same is being observed in the Market currently.

Yes, the market sentiments seem to be very positive as of now, with the stop loss of 17800 on closing basis.

So, with fingers crossed continue Rebalancing your Portfolio and keep following the Cherry picking strategy.

Happy Trading!
Happy Investing!

Regards,
Alok Daiya
SEBI Registered Research Analyst