19000 Mark on Cards for the Day

EQUITY BULLETIN FOR 01 DEC 2022

Nifty Futures

Nifty has resistance around 18920 if it breaks and sustains above 18920 will see an upside rally till 19000—19080 levels in an intraday session.

Else Nifty has support around 18700, break below 18700 will see intraday downside fall till 18600—18550 levels in an intraday session.

Trading strategy

Traders can buy Nifty Future around 18850 with a stop loss below 18700  levels for an upside movement till 18980—19050 levels in an intraday session.

Bank Nifty Futures

Bank Nifty has resistance around 43550, breaks and sustains above 43550 will see an upside movement till 43700-43850 levels in an intraday session.

Otherwise, Support around 43300, breaks below 43300 will see an intraday downside fall till 43100—42850 levels in an intraday session.

Trading Strategy

Traders can buy Banknifty Future above 43400 with a stop loss below 43200 for an upside movement till 43600-43700 levels in an intraday trading session.

Stock Pick of the day

Buy Indhotel future above 325 with Sl of 320 and Target 329-333