A gap-down move will expect for the day...

EQUITY BULLETIN FOR 11 FEB 2022

Nifty Futures

Nifty has resistance around 17650 if it breaks and sustains above 17650 will see an upside rally till 17800---17850 levels in an intraday session.

Else Nifty has support around 17450, breaks below 17450 will see intraday fall till 17330---17300 levels.

Trading strategy

Traders can buy Nifty Future around 17550 with a stop loss below 17450 levels for an upside movement till 17800---17850 levels in an intraday session.

Bank Nifty Futures

Bank Nifty has resistance around 39250, breaks and sustains above 39250 will see an upside movement till 39550--39650 levels in an intraday session.

Otherwise, Support around 38500, breaks below 38500 will see an intraday downside fall till 38200---38100 levels.

Trading Strategy

Traders can buy Banknifty Future around 38800 with a stop loss below 38500 for an upside movement till 39500---39600 levels in an intraday trading session.

Stock Pick of the day

Buy LAURUSLABS around 535 levels, stop loss below 520 levels, for an upside movement till 560---580 +++ levels in the coming days. *T&C Apply...