Morning Mantra, 1st December 2022

Good Morning!

Another amazing day, where Nifty had decided to break all its records by making a fresh new all time high of 18,816.05, yesterday.

Well now that you are enjoying this momentum, staying cautious at the same time, is the need of the hour. Since today is the weekly settlement day. So, let’s take this day to wait and watch the Market’s momentum.

In the meanwhile, as we have shifted our support level from 17800 to 18400. So, with this new support level, be stock specific and go for portfolio review as this is the ideal time for portfolio rebalancing.

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

Nifty’s Previous Day Closing - 18758.35 (+140.30)

Regards,
Alok Daiya