After a strong rally, be cautious at higher levels...

EQUITY BULLETIN ON 03 DEC 2021

Nifty Future

Nifty has resistance around 17450 if it breaks and sustains above 17450 will see an upside rally till 17550---17600 levels in an intraday session.

Else Nifty has support around 17150, breaks below 17150 will see intraday fall till 17050---17000 levels.

Trading strategy

Traders can buy Nifty Future around 17400 with a stop loss below 17300 levels for an upside movement till 17550---17600 levels in an intraday session.

Bank Nifty Future

Bank Nifty has resistance around 36700, breaks and sustains above 36700 will see upside movement till 37000--37250 levels in an intraday session.

Otherwise, Support around 36000, breaks below 36000 will see an intraday downside fall till 35700---35500 levels.

Trading Strategy

Traders can buy Banknifty Future above 36700 with a stop loss below 36300 for an upside movement till 37000---37250 levels in an intraday trading session.

Stock Pick of the day

Buy CG POWER around 155 levels, stop loss below 150 levels, for an upside movement till 162---165 +++ levels in coming days. *T&C Apply...