Morning Mantra, 10th March 2022

Good Morning!

Finally, just as we had predicted, Nifty did take a beautiful bounce back from its predicted support level of 15850, and thereafter has successfully given us a closing of above 16200, which is definitely a good sign.

However, Today will be a crucial day, as we would require a consistent and a stable closing of above 16200 from Nifty for 2 more days (i.e., Today and Tomorrow).

In the Meanwhile, Stay Stock Specific and continue following the Cherry Picking Strategy, as of now.

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

Regards,
Alok Daiya