Both side move will expect on the yearly expiry day...

EQUITY BULLETIN FOR 30 DEC 2021

Nifty Future

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 17150, breaks below 17150 will see intraday fall till 17000---16900 levels.

Trading strategy

Traders can buy Nifty Future above 17265 with a stop loss below 17150 levels for an upside movement till 17450---17500 levels in an intraday session.

Bank Nifty Future

Bank Nifty has resistance around 35300, breaks and sustains above 35300 will see upside movement till 35550--35650 levels in an intraday session.

Otherwise, Support around 34850, breaks below 34850 will see an intraday downside fall till 34650---34500 levels.

Trading Strategy

Traders can sell Banknifty Future around 35100 with a stop loss above 35300 for a downside movement till 34850---34600 levels in an intraday trading session.

Stock Pick of the day

Buy PHILIPCARB around 232 levels, stop loss below 225 levels, for an upside movement till 245---250 +++ levels in coming days. *T&C Apply...