Both side volatility will expect on expiry day...

EQUITY BULLETIN FOR 17 FEB 2022

Nifty Futures

Nifty has resistance around 17450 if it breaks and sustains above 17450 will see an upside rally till 17600---17650 levels in an intraday session.

Else Nifty has support around 17200, breaks below 17200 will see intraday fall till 17000---16900 levels.

Trading strategy

Traders can buy Nifty Future above 17350 with a stop loss below 17200 levels for an upside movement till 17600---17650 levels in an intraday session.

Bank Nifty Futures

Bank Nifty has resistance around 38250, breaks and sustains above 38250 will see an upside movement till 38650--38800 levels in an intraday session.

Otherwise, Support around 37700, breaks below 37700 will see an intraday downside fall till 37400---37250 levels.

Trading Strategy

Traders can buy Banknifty Future above 38000 with a stop loss below 37700 for an upside movement till 38600---38800 levels in an intraday trading session.

Stock Pick of the day

Buy SEQUENT above 163 levels, stop loss below 150 levels, for an upside movement till 180 +++ levels in the coming days. *T&C Apply...