Be cautious at higher levels as we will expect more volatility due to expiry...

EQUITY BULLETIN ON 28 OCT 2021

Nifty Future

Nifty has resistance around 18350 if it breaks and sustains above 18350 will see an upside rally till 18500---18550 +++ levels in an intraday session.

Else Nifty has support around 18150, breaks below 18150 will see intraday fall till 18000---17950 levels.

Trading strategy

Traders can buy Nifty Future above 18250 with a stop loss below 18150 levels for an upside movement till 18450---18500 levels in an intraday session.

Bank Nifty Future

Bank Nifty has resistance around 41500, breaks and sustains above 41500 will see upside movement till 41850--42000 levels in an intraday session.

Otherwise, Support around 40800, breaks below 40800 will see an intraday downside fall till 40500---40350 levels.

Trading Strategy

Traders can sell Banknifty Future below 40800 with a stop loss above 41000 for a downside movement till 40500---40350 levels in an intraday trading session.

Stock Pick of the day

Buy GNFC around 460 levels, stop loss below 440 levels, for an upside movement till 490---500 +++ levels in days to come. *T&C Apply...