Bullish Start Will Expect for The Day

EQUITY BULLETIN FOR 23 NOV 2022

Nifty Futures

Nifty has resistance around 18300 if it breaks and sustains above 18300 will see an upside rally till 18400 — 18450 levels in an intraday session.

Else Nifty has support around 18150, break below 18150 will see intraday downside fall till 18050 — 18000 levels in an intraday session.

Trading strategy

Traders can buy Nifty Future around 18300 with a stop loss below 18200  levels for an upside movement till 18400 — 18450 levels in an intraday session.

Bank Nifty Futures

Bank Nifty has resistance around 42666, breaks and sustains above 42666 will see an upside movement till 42900–43000 levels in an intraday session.

Otherwise, Support around 42350, breaks below 42300 will see an intraday downside fall till 42100—42000 levels in an intraday session.

Trading Strategy

Traders can buy Banknifty Future above 42666 with a stop loss below 42350 for an upside movement till 42900—43100 levels in an intraday trading session.

Stock Pick of the day

Buy Indhotel above 322 with Sl of 317 and target is 327-330