A slightly weak move will expect for the day...

EQUITY BULLETIN ON 02 DEC 2021

Nifty Future

Nifty has resistance around 17250 if it breaks and sustains above 17250 will see an upside rally till 17350---17400 levels in an intraday session.

Else Nifty has support around 17100, breaks below 17100 will see intraday fall till 17000---16900 levels.

Trading strategy

Traders can buy Nifty Future above 17250 with a stop loss below 17100 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 POONAWALLA around 186 levels, stop loss below 180 levels, for an upside movement till 195---197 +++ levels in coming days. *T&C Apply...