Morning Mantra, 8th July 2022

Good Morning,

What a Memorable Day it was Yesterday, for all our Morning Mantra followers and 8th Club Members!

As finally yesterday, we got to witness a beautiful recovery of almost 1000 points in Nifty, from the date of 17th of June 2022, when the index had made a 52 week low of 15183.40.

We are extremely delighted that our timely consolations and positive suggestions like to avoid panicking and to avoid being too aggressive along with hopeful statements like “Border mai Fauji” and “Chart mai Doji” at the right time, had helped you all to stay intact in the crucial phase.

Well, now that we have somewhat covered this crucial journey, on a positive note we can now shift our support level to 15850 on closing basis.

Last but not the least, we are now expecting to witness a solid weekly closing from Nifty.

Nifty Levels 15270-15400-15580-15800
-16200-16350-16800-17200-17400
-17700-17900-18000-18350

Nifty’s Previous Day Closing - 16132.90 (143.10)

Regards,
Alok Daiya