Market is trading in a green zone and still looks good...

EQUITY BULLETIN FOR 13 JAN 2022

Nifty Future

Nifty has resistance around 18250 if it breaks and sustains above 18250 will see an upside rally till 18350---18400 levels in an intraday session.

Else Nifty has support around 18100, breaks below 18100 will see intraday fall till 18000---17900 levels.

Trading strategy

Traders can buy Nifty Future above 18250 with a stop loss below 18150 levels for an upside movement till 18350---18400 levels in an intraday session.

Bank Nifty Future

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

Otherwise, Support around 38600, breaks below 38600 will see an intraday downside fall till 38250---38150 levels.

Trading Strategy

Traders can buy Banknifty Future above 39000 with a stop loss below 38800 for an upside movement till 39350---39500 levels in an intraday trading session.

Stock Pick of the day

Buy HEG above 1900. Stop loss below 1840. Target-1960-2000. *T&C Apply...