A flat Opening Will Expect for the day

EQUITY BULLETIN FOR 08 DEC 2022

Nifty Futures

Nifty has resistance around 18800 if it breaks and sustains above 18800 will see an upside rally till 18900-18950 levels in an intraday session.

Else Nifty has support around 18650, break below 18650 will see intraday downside fall till 18600-18550 levels in an intraday session.

Trading strategy

Traders can sell Nifty Future around 18700 with a stop loss below 18800 levels for an upside movement till 18620-18550 levels in an intraday session.

Bank Nifty Futures

Bank Nifty has resistance around 43500, breaks and sustains above 43500 will see an upside movement till 43700-43750 levels in an intraday session.

Otherwise, Support around 43200, breaks below 43200 will see an intraday downside fall till 43000-42900 levels in an intraday session.

Trading Strategy

Traders can sell Banknifty Future around 43450 with a stop loss below 43650 for an upside movement till 433250-43100 levels in an intraday trading session.

Stock Pick of the day

Buy Adanient fut around 3080 with sl of 3040 and target is 4025-4050