Morning Mantra, 6th October 2022

What a beautiful trading day it was, day before yesterday. Where we had witnessed a beautiful closing in Nifty, which was exactly at our stated Crucial Resistance level of 17270.

Well for now, we are here with another immediate level of Support for Nifty, i.e., 17170 on closing basis, followed by the level of 16940 once again. Moreover, for today we are expecting to witness volatility in the market, as today is the day of weekly expiry.

In the meanwhile, continue being stock specific and be positive for the Market.

Nifty Levels 15270-15400-15580-15800
-16200-16350-16700-17300 -17800
-18100-18350

Nifty’s Previous Day Closing - 17274.30 (386.95)

Regards,
Alok Daiya