Morning Mantra 16th November 2021

Good Morning,

From the Yesterday’s closing of the Index, we could see how, once again, Nifty had managed to sustain above the predicted level of 18088, and hence give us a closing of approx 18109.45, which however is a good sign in itself!

So, now we can make use of this range of 18088 - 18350, for Sell on Rise as a best policy for short term.

Moreover, we would now need a favourable closing of above the level of 18350, from the index. Where, we hope that you still remember this Magical figure of 18350, as not being able to sustain above this level, Nifty had tumbled down to the levels of 17600.

So, altogether, here’s a suggestion to be stock specific and to follow the policy of sell on rise within the range of 18088-18350.

Happy Trading with 8th Club!

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

Regards,
Alok Daiya