A gap-up opening will expect ahead of RBI policy...

EQUITY BULLETIN FOR 10 FEB 2022

Nifty Futures

Nifty has resistance around 17500 if it breaks and sustains above 17500 will see an upside rally till 17630---17700 levels in an intraday session.

Else Nifty has support around 17350, breaks below 17350 will see intraday fall till 17200---17150 levels.

Trading strategy

Traders can buy Nifty Future above 17500 with a stop loss below 17400 levels for an upside movement till 17630---17700 levels in an intraday session.

Bank Nifty Futures

Bank Nifty has resistance around 38750, breaks and sustains above 38750 will see an upside movement till 39100--39350 levels in an intraday session.

Otherwise, Support around 38350, breaks below 38350 will see an intraday downside fall till 37900---37700 levels.

Trading Strategy

Traders can buy Banknifty Future above 38750 with a stop loss below 38400 for an upside movement till 39100---39350 levels in an intraday trading session.

Stock Pick of the day

Buy COALIND around 166 levels, stop loss below 160 levels, for an upside movement till 175---178 +++ levels in the coming days. *T&C Apply...