Market again entered in a green zone...

EQUITY BULLETIN FOR 02 FEB 2022

Nifty Futures

Nifty has resistance around 17650 if it breaks and sustains above 17650 will see an upside rally till 17850---17900 levels in an intraday session.

Else Nifty has support around 17350, breaks below 17350 will see intraday fall till 17200---17100 levels.

Trading strategy

Traders can buy Nifty Future around 17500 with a stop loss below 17350 levels for an upside movement till 17850---17900 levels in an intraday session.

Bank Nifty Futures

Bank Nifty has resistance around 39000, breaks and sustains above 39000 will see an upside movement till 39350--39500 levels in an intraday session.

Otherwise, Support around 38300, breaks below 38300 will see an intraday downside fall till 38000---37850 levels.

Trading Strategy

Traders can buy Banknifty Future around 38600 with a stop loss below 38300 for an upside movement till 39350---39500 levels in an intraday trading session.

Stock Pick of the day

Buy OBEROIRLTY around 955 levels, stop loss below 920 levels, for an upside movement till 1000 +++ levels in the coming days. *T&C Apply...