Good Morning,
One of our stated crucial Nifty Levels, of 17200 had once again proven its relevance to us yesterday, as the index witnessed a beautiful bounce back after making a low of 17216.10 approx.
Another notable level, as of now, will be that of 17454. For we might get to witness a positive momentum, if the index manages to sustain above this level. Moreover, the levels of 17454 and 17360 will now play as a very strong support zone.
However, we are still with our words, that it has become very important for the index to cross over and give a closing of above the level of 17650-17700.
Similar to what we had stated in our YouTube Video yesterday, named, “ALOKvaani on Current Market Fall”, “ it will now be suggested to stay Stock Specific till the Month of December 2021.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya