Global cues are supportive for the positive opening...

EQUITY BULLETIN FOR 25 MARCH 2022

Nifty Futures

Nifty has resistance around 17350 if it breaks and sustains above 17350 will see an upside rally till 17500 — 17650 levels in an intraday session.

Else Nifty has support around 17100, break below 17100 will see intraday downside fall till 16950 — 16850 levels in an intraday session.

Trading strategy

Traders can buy Nifty Future around 17200 with a stop loss below 17100 levels for an upside movement till 17350 — 17500 levels in an intraday session.

Bank Nifty Futures

Bank Nifty has resistance around 35800, breaks and sustains above 35800 will see an upside movement till 36150–36300 levels in an intraday session.

Otherwise, Support around 35400, breaks below 35400 will see an intraday downside fall till 35100—35000 levels in an intraday session.

Trading Strategy

Traders can buy Banknifty Future bove 35800 with a stop loss below 35400 for an upside movement till 36150—36300 levels in an intraday trading session.

Stock Pick of the day

Tata Power Company Limited (TATAPOWER)

Buy TATA POWER around 237.50—237 levels with a stop loss below 230 levels, for an upside movement till 245—248 levels in the coming days.

*T&C Apply...