A sharp bounce may expect after a weak move...

EQUITY BULLETIN ON 22 OCT 2021

Nifty Future

Nifty has resistance around 18370 if it breaks and sustains above 18370 will see an upside rally till 18450---18500 +++ levels in an intraday session.

Else Nifty has support around 18000, breaks below 18000 will see intraday fall till 17880---17850 levels.

Trading strategy

Traders can buy Nifty Future above 18250 with a stop loss below 18100 levels for an upside movement till 18450---18500 levels in an intraday session.

Bank Nifty Future

Bank Nifty has resistance around 40300, breaks and sustains above 40300 will see upside movement till 40600--40800 levels in an intraday session.

Otherwise, Support around 40000, breaks below 40000 will see an intraday downside fall till 39700---39500 levels.

Trading Strategy

Traders can buy Banknifty Future around 40200 with a stop loss below 40000 for an upside movement till 40600---40800 levels in an intraday trading session.

Stock Pick of the day

Buy UPL FUTURE above 725 levels, stop loss below 705 levels, for an upside movement till 750 +++ levels in days to come. *T&C Apply...