Bull run continues in the market...

EQUITY BULLETIN FOR 03 FEB 2022

Nifty Futures

Nifty has resistance around 17850 if it breaks and sustains above 17850 will see an upside rally till 17980---18050 levels in an intraday session.

Else Nifty has support around 17650, breaks below 17650 will see intraday fall till 17500---17450 levels.

Trading strategy

Traders can buy Nifty Future around 17800 with a stop loss below 17700 levels for an upside movement till 17980---18050 levels in an intraday session.

Bank Nifty Futures

Bank Nifty has resistance around 39500, breaks and sustains above 39500 will see an upside movement till 39850--39900 levels in an intraday session.

Otherwise, Support around 39200, breaks below 39200 will see an intraday downside fall till 38850---38700 levels.

Trading Strategy

Traders can buy Banknifty Future above 39500 with a stop loss below 39200 for an upside movement till 39850---39900 levels in an intraday trading session.

Stock Pick of the day

Buy VARROC around 415 levels, stop loss below 395 levels, for an upside movement till 440---450 +++ levels in the coming days. *T&C Apply...