Market again heading towards north...

EQUITY BULLETIN ON 09 NOV 2021

Nifty Future

Nifty has resistance around 18150 if it breaks and sustains above 18150 will see an upside rally till 18250---18300 +++ levels in an intraday session.

Else Nifty has support around 17850, breaks below 17850 will see intraday fall till 17750---17700 levels.

Trading strategy

Traders can buy Nifty Future above 18150 with a stop loss below 18000 levels for an upside movement till 18250---18300 levels in an intraday session.

Bank Nifty Future

Bank Nifty has resistance around 40000, breaks and sustains above 40000 will see upside movement till 40250--40300 levels in an intraday session.

Otherwise, Support around 39300, breaks below 39300 will see an intraday downside fall till 39000---38850 levels.

Trading Strategy

Traders can buy Banknifty Future above 40000 with a stop loss below 39700 for an upside movement till 40250---40300 levels in an intraday trading session.

Stock Pick of the day

Buy JK LAKSHMI around 645 levels, stop loss below 620 levels, for an upside movement till 675---680 +++ levels in days to come. *T&C Apply...