Both side volatility will expect on monthly expiry...

EQUITY BULLETIN FOR 28 APRIL 2022 Nifty Futures Both side volatility will expect on monthly expiry. Now Nifty has resistance around 17150 if it breaks and sustain above 17150 will see an upside rally till 17220 — 17300 levels in an intraday session. Nifty has major support around 16950, an break below 16950 will see major downside fall till 16850 — 16800 levels in an intraday session. Trading strategy Traders can buy Nifty Future around 17000 with a stop loss below 16900 levels for the upside movement till 17120 — 17150 levels in an intraday session. Bank Nifty Futures Bank Nifty formed a green candle in the last trading session. Bank Nifty has resistance around 36300, breaks and sustains above 36300 will see an upside movement till 36500–36700 levels in an intraday session. Otherwise, Support around 35700, breaks below 35700 will see fresh downside fall till 35500-35400 levels in an upcoming session. Trading Strategy Traders can buy Banknifty Future around 36000 with a stop loss below 35800 for the upside movement till 36300—36500 levels in an intraday trading session. Stock Pick of the day Indian Hotels Buy Indian Hotels above 238.50 for the upside move till 244 and then to 250 levels in the coming days. Stop loss above 233. *T&C Apply…