Another gap-down opening will expect for the day...

EQUITY BULLETIN FOR 25 JAN 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 17000, breaks below 17000 will see intraday fall till 16850---16800 levels.

Trading strategy

Traders can buy Nifty Future above 17300 with a stop loss below 17100 levels for an upside movement till 17450---17500 levels in an intraday session.

Bank Nifty Futures

Bank Nifty has resistance around 37100, breaks and sustains above 37100 will see an upside movement till 37400--37500 levels in an intraday session.

Otherwise, Support around 36500, breaks below 36500 will see an intraday downside fall till 36200---36000 levels.

Trading Strategy

Traders can buy Banknifty Future above 37100 with a stop loss below 36800 for an upside movement till 37400---37500 levels in an intraday trading session.

Stock Pick of the day

Buy AVANTIFEED above 634 levels, stop loss below 600 levels, for an upside movement till 670---680 levels in the coming days. *T&C Apply...