A weak opening will expect for the day...

EQUITY BULLETIN FOR 01 APRIL 2022

Nifty Futures

Nifty has resistance around 17600 if it breaks and sustains above 17600 will see an upside rally till 17700 — 17750 levels in an intraday session.

Else Nifty has support around 17400, break below 17400 will see intraday downside fall till 17300 — 17350 levels in an intraday session.

Trading strategy

Traders can buy Nifty Future on dips around 17350 with a stop loss below 17200 levels for an upside movement till 17450 — 17500 levels in an intraday session.

Bank Nifty Futures

Bank Nifty has resistance around 37000, breaks and sustains above 37000 will see an upside movement till 37250–37400 levels in an intraday session.

Otherwise, Support around 36000, breaks below 36000 will see an intraday downside fall till 35800—35600 levels in an intraday session.

Trading Strategy

Traders can buy Banknifty Future on dips around 35900 with a stop loss below 35500 for an upside movement till 36200—36400 levels in an intraday trading session.

Stock Pick of the day

MCX

Sell MCX around 1425 with a stop loss above 1450 levels, for a downside movement till 1400-1390 levels in the coming days.

*T&C Apply…