A sharp short covering may expect for the day...

EQUITY BULLETIN ON 30 NOV 2021

Nifty Future

Nifty has resistance around 17200 if it breaks and sustains above 17200 will see an upside rally till 17350---17400 levels in an intraday session.

Else Nifty has support around 17000, breaks below 17000 will see intraday fall till 16850---16800 levels.

Trading strategy

Traders can buy Nifty Future around 17200 with a stop loss below 17050 levels for an upside movement till 17350---17400 levels in an intraday session.

Bank Nifty Future

Bank Nifty has resistance around 36500, breaks and sustains above 36500 will see upside movement till 36850--37000 levels in an intraday session.

Otherwise, Support around 35800, breaks below 35800 will see an intraday downside fall till 35500---35300 levels.

Trading Strategy

Traders can buy Banknifty Future above 36500 with a stop loss below 36000 for an upside movement till 36850---37000 levels in an intraday trading session.

Stock Pick of the day

Buy SONATASOFTW around 775 levels, stop loss below 735 levels, for an upside movement till 815---820 +++ levels in coming days. *T&C Apply...