A weak move will expect for the day...

EQUITY BULLETIN FOR 24 MARCH 2022

Nifty Futures

Nifty has resistance around 17300 if it breaks and sustains above 17300 will see an upside rally till 17450 — 17500 levels in an intraday session.

Else Nifty has support around 17140, break below 17140 will see intraday downside fall till 17000 — 16850 levels in an intraday session.

Trading strategy

Traders can buy Nifty Future around 17200 with a stop loss below 17140 levels for an upside movement till 17300 — 17450 levels in an intraday session.

Bank Nifty Futures

Bank Nifty has resistance around 36300, breaks and sustains above 36300 will see an upside movement till 36500–36800 levels in an intraday session.

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

Trading Strategy

Traders can buy Banknifty Future around 35950 with a stop loss below 35850 for an upside movement till 36300—36400 levels in an intraday trading session.

Stock Pick of the day

Indian Energy Exchange Ltd.

Buy IEX above 231 levels with a stop loss below 226 levels, for an upside movement till 243 +++ levels in the coming days. *T&C Apply...