Morning Mantra, 26th November 2021
Good Morning,
In accordance to our predicted levels of support of 17454 and 17360, we can clearly witness how the Index has been unable to break the aforementioned levels, on a closing basis, for the last 2 consecutive trading days, and in fact have shown a good bounce back therefrom. Hence, depicting the importance of the stated levels.
On the other hand, as a matter of concern, it’ll be suggested to follow the Sell on Rise strategy and to stay stock specific, until we witness a healthy closing of above 17650.
Just as we have been stating, and similarly we are still with our words that the Market is somehow being expected to stay in a consolidation mode, till the month of December. So, it will be suggested to stay Stock Specific. Moreover, on the downside, the level of 17360 will still be considered as a crucial level of support.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
In accordance to our predicted levels of support of 17454 and 17360, we can clearly witness how the Index has been unable to break the aforementioned levels, on a closing basis, for the last 2 consecutive trading days, and in fact have shown a good bounce back therefrom. Hence, depicting the importance of the stated levels.
On the other hand, as a matter of concern, it’ll be suggested to follow the Sell on Rise strategy and to stay stock specific, until we witness a healthy closing of above 17650.
Just as we have been stating, and similarly we are still with our words that the Market is somehow being expected to stay in a consolidation mode, till the month of December. So, it will be suggested to stay Stock Specific. Moreover, on the downside, the level of 17360 will still be considered as a crucial level of support.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Disclaimer: alokdaiya.in/disclaimer/
Regards,
Alok Daiya
SEBI Registered Research Analyst
INH000011468
superprofile.bio/alokdaiya
Regards,
Alok Daiya
SEBI Registered Research Analyst
INH000011468
superprofile.bio/alokdaiya
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.