Again a gap-up opening will expect from market...

EQUITY BULLETIN FOR 17 MARCH 2022

Nifty Futures

After a gap-up opening market holds its positive momentum and closed on a bullish note in the last trading session. We will expect another bullish session for the day. Nifty has resistance around 17100 if it breaks and sustains above 17100 will see an upside rally till 17200 — 17350 levels in an intraday session.

Else Nifty has support around 16850, break below 16850 will see intraday downside fall till 16700 — 16550 levels in an intraday session.

Trading strategy

Traders can buy Nifty Future above 17100 with a stop loss below 17000 levels for an upside movement till 17200 — 17350 levels in an intraday session.

Bank Nifty Futures

Bank Nifty has resistance around 36000, breaks and sustains above 36000 will see an upside movement till 36250–36450 levels in an intraday session.

Otherwise, Support around 35400, breaks below 35400 will see an intraday downside fall till 34900—34700 levels in an intraday session.

Trading Strategy

Traders can buy Banknifty Future above 35850 with a stop loss below 35750 for an upside movement till 36000—36250 levels in an intraday trading session.

Stock Pick of the day

Buy TCS above 3660 levels with a stop loss below 3625 levels, for an upside movement till 3680 — 3700 +++ levels in the coming days. *T&C Apply...