A Positive Opening Will Expect for the day.

EQUITY BULLETIN FOR 14 FEBRUARY 2023

Nifty Futures

Nifty Futures witnessed a weak move in the last trading session. Now Nifty has near support around 17700 and upside hurdle around 17900 levels. Break above 17900 will see an upside move till 18000-18100 levels in the upcoming trading session.

On the other side, Nifty has crucial support around 17700 levels, break and close below 17700 will see a downside fall till 17600 levels.

Trading strategy

Traders can Buy Nifty Future around 17750 with a stop loss below 17650 levels for the upside movement till 17850— 18000 levels.

Bank Nifty Futures

Bank Nifty unable to sustain at higher levels and closed on a weak note in the last trading session. Bank Nifty has near resistance around 41800, breaks and sustains above 41800 will see an upside movement till 42000-42250 levels.

On the lower side, Bank Nifty has immediate support around 41200, break and a daily close below 41200 will see a fresh downfall fall till 41000 levels.

Trading Strategy

Traders can Buy Bank Nifty Future around 41300 with a stop loss below 40900 for the upside movement till 41550—41800 levels in an intraday trading session.

Stock Pick of the day

BEL

Buy BEL Future above 97 for the upside move till 99.50 and then to 101 levels in the coming days. Stop loss below 94.80.

*T&C Apply…