Morning Mantra, 15th December 2021

Good Morning!

Just as we have been stating in our Morning Mantra updates, similarly the Market still seems to be moving in a narrow range and in a price correction Mode. However, we can avoid creating a panic, until the index breaks the level of 17,220 on an hourly basis. Moreover, the levels of 17,650 & 17,800 will remain to be the suggested levels of resistance for the Market, as of now.

Be Stock Specific and follow the Cherry Picking strategy for long term.

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

Regards,
Alok Daiya