A dead cat bounce will expect from lower levels...

EQUITY BULLETIN FOR 09 MARCH 2022 Nifty Futures Nifty has resistance around 16025 if it breaks and sustains above 16025 will see an upside rally till 16150---16230 levels in an intraday session. Else Nifty has support around 15800, breaks below 15800 will see intraday fall till 15650---15500 levels. Trading strategy Traders can buy Nifty Future around 15950 with a stop loss below 15800 levels for an upside movement till 16150---16230 levels in an intraday session. Bank Nifty Futures Bank Nifty has resistance around 33500, breaks and sustains above 33500 will see an upside movement till 33900--34150 levels in an intraday session. Otherwise, Support around 32800, breaks below 32800 will see an intraday downside fall till 32400---32250 levels. Trading Strategy Traders can buy Banknifty Future around 33100 with a stop loss below 32800 for an upside movement till 33900---34150 levels in an intraday trading session. Stock Pick of the day Buy TATA POWER around 222 levels, stop loss below 215 levels, for an upside movement till 235---238+++ levels in the coming days.

*T&C Apply...