Another gap down move will expect for the day...

EQUITY BULLETIN ON 11 NOV 2021

Nifty Future

Nifty has resistance around 18150 if it breaks and sustains above 18150 will see an upside rally till 18250---18300 +++ levels in an intraday session.

Else Nifty has support around 17850, breaks below 17850 will see intraday fall till 17750---17700 levels.

Trading strategy

Traders can buy Nifty Future above 18150 with a stop loss below 18000 levels for an upside movement till 18250---18300 levels in an intraday session.

Bank Nifty Future

Bank Nifty has resistance around 39350, breaks and sustains above 39350 will see upside movement till 39600--39800 levels in an intraday session.

Otherwise, Support around 39000, breaks below 39000 will see an intraday downside fall till 38700---38500 levels.

Trading Strategy

Traders can buy Banknifty Future above 39350 with a stop loss below 39350 for an upside movement till 39600--39800 levels in an intraday trading session.

Stock Pick of the day

Buy Aplapollo around 900 levels, stop loss below 880 levels, for an upside movement till 935---950 +++ levels in days to come. Buy Muthootfin above 1685. Stop loss below 1645. Target-1720-1750. *T&C Apply...