A gap down move will expect from the market...

EQUITY BULLETIN ON 25 NOV 2021

Nifty Future

Nifty has resistance around 17650 if it breaks and sustains above 17650 will see an upside rally till 17750---17800 levels in an intraday session.

Else Nifty has support around 17400, breaks below 17400 will see intraday fall till 17250---17200 levels.

Trading strategy

Traders can buy Nifty Future around 17500 with a stop loss below 17400 levels for an upside movement till 17750---17800 levels in an intraday session.

Bank Nifty Future

Bank Nifty has resistance around 37700, breaks and sustains above 37700 will see upside movement till 38000--38100 levels in an intraday session.

Otherwise, Support around 37250, breaks below 37250 will see an intraday downside fall till 37000---36800 levels.

Trading Strategy

Traders can buy Banknifty Future above 37700 with a stop loss below 37400 for an upside movement till 38000---38100 levels in an intraday trading session.

Stock Pick of the day

Buy AB CAPITAL around 104 levels, stop loss below 101 levels, for an upside movement till 110---112 +++ levels in coming days. *T&C Apply...