A flat to negative opening will expect for the day...

EQUITY BULLETIN FOR 02 JUNE 2022 Nifty Futures Nifty has given a weak close in the last trading session. Now Nifty has resistance around 16600 if it breaks and sustain above 16600 will see an upside rally till 16720 — 16800 levels in an intraday session. On the other side, the Nifty has near support around 16400, break and close below 16400 will see a downside fall till 16300 —16260 levels in an intraday session. Trading strategy Traders can buy Nifty Future on dips above 16600 with a stop loss below 16450 levels for the upside movement till 16700 — 16750 levels in an intraday session. Bank Nifty Futures Bank Nifty looks strong in the last trading session. Bank Nifty has resistance around 36000, breaks and sustains above 36000 will see an upside movement till 36250-36400 levels in an intraday session. Otherwise, major support around 35300, breaks below 35300 will see a fresh downside fall till 35100-35000 levels in an upcoming session. Trading Strategy Traders can buy Banknifty Future above 36000 with a stop loss below 35750 for the upside movement till 36300—36400 levels in an intraday trading session. Stock Pick of the day LALPATH LABS Buy Lalpath Labs above 2060 for the upside move till 2120 and then to 2050 levels in the coming days. Stop loss below 2000. *T&C Apply…