Market looks solid ahead of RBI Policy...

EQUITY BULLETIN ON 08 DEC 2021

Nifty Future

Nifty has resistance around 17315 if it breaks and sustains above 17315 will see an upside rally till 17450---17500 levels in an intraday session.

Else Nifty has support around 17100, breaks below 17100 will see intraday fall till 17000---16900 levels.

Trading strategy

Traders can buy Nifty Future above 17315 with a stop loss below 17150 levels for an upside movement till 17450---17500 levels in an intraday session.

Bank Nifty Future

Bank Nifty has resistance around 37000, breaks and sustains above 37000 will see upside movement till 37300--37500 levels in an intraday session.

Otherwise, Support around 36500, breaks below 36500 will see an intraday downside fall till 36200---36000 levels.

Trading Strategy

Traders can buy Banknifty Future above 37000 with a stop loss below 36700 for an upside movement till 37300---37500 levels in an intraday trading session.

Stock Pick of the day

Buy TATA COFFEE around 210 levels, stop loss below 200 levels, for an upside movement till 222---226 +++ levels in coming days. *T&C Apply...