A flat opening will expect for the day...

EQUITY BULLETIN ON 17 DEC 2021

Nifty Future

Nifty has resistance around 17400 if it breaks and sustains above 17400 will see an upside rally till 17550---17600 levels in an intraday session.

Else Nifty has support around 17200, breaks below 17200 will see intraday fall till 17100---17050 levels.

Trading strategy

Traders can buy Nifty Future above 17400 with a stop loss below 17250 levels for an upside movement till 17550---17600 levels in an intraday session.

Bank Nifty Future

Bank Nifty has resistance around 37000, breaks and sustains above 37000 will see upside movement till 37250--37400 levels in an intraday session.

Otherwise, Support around 36500, breaks below 36500 will see an intraday downside fall till 36250---36100 levels.

Trading Strategy

Traders can buy Banknifty Future above 37000 with a stop loss below 36700 for an upside movement till 37250---37400 levels in an intraday trading session.

Stock Pick of the day

Buy INTELLECT around 710 levels, stop loss below 690 levels, for an upside movement till 735---740 +++ levels in coming days. *T&C Apply...