Market again looks slightly weak for the day...

EQUITY BULLETIN FOR 11 MARCH 2022

Nifty Futures

Nifty has resistance around 16700 if it breaks and sustains above 16700 will see an upside rally till 16800---16850 levels in an intraday session.

Else Nifty has support around 16450, break below 16450 will see intraday fall till 16350--16250 levels.

Trading strategy

Traders can buy Nifty Future in dip around 16500 with a stop loss below 16450 levels for an upside movement till 16750--16800 levels in an intraday session.

Bank Nifty Futures

Bank Nifty has resistance around 34700, breaks and sustains above 34700 will see an upside movement till 35200--35500 levels in an intraday session.

Otherwise, Support around 34200, breaks below 34200 will see an intraday downside fall till 33850---33500 levels.

Trading Strategy

Traders can buy Banknifty Future in dip around 34350 with a stop loss below 34200 for an upside movement till 34700---35200 levels in an intraday trading session.

Stock Pick of the day

Buy TATASTEEL around 1290 levels, stop loss below 1250 levels, for an upside movement till 1335---1350+++ levels in the coming days. *T&C Apply...