Another weak session may expect for the day...

EQUITY BULLETIN ON 14 DEC 2021

Nifty Future

Nifty has resistance around 17600 if it breaks and sustains above 17600 will see an upside rally till 17750---17800 levels in an intraday session.

Else Nifty has support around 17400, breaks below 17400 will see intraday fall till 17300---17250 levels.

Trading strategy

Traders can sell Nifty Future around 17530 with a stop loss above 17600 levels for a downside movement till 17400---17250 levels in an intraday session.

Bank Nifty Future

Bank Nifty has resistance around 37600, breaks and sustains above 37600 will see upside movement till 37800--37900 levels in an intraday session.

Otherwise, Support around 37000, breaks below 37000 will see an intraday downside fall till 36750---36600 levels.

Trading Strategy

Traders can sell Banknifty Future around 37300 with a stop loss above 37600 for a downside movement till 37000---36900 levels in an intraday trading session.

Stock Pick of the day

Buy PRESTIGE above 445 levels, stop loss below 425 levels, for an upside movement till 475---480 +++ levels in coming days. *T&C Apply...