Market still looks good for the bulls...

EQUITY BULLETIN FOR 24 DEC 2021

Nifty Future

Nifty has resistance around 17200 if it breaks and sustains above 17200 will see an upside rally till 17350---17400 levels in an intraday session.

Else Nifty has support around 16900, breaks below 16900 will see intraday fall till 16750---16700 levels.

Trading strategy

Traders can sell Nifty Future below 17000 with a stop loss above 17150 levels for a downside movement till 16750---16700 levels in an intraday session.

Bank Nifty Future

Bank Nifty has resistance around 35500, breaks and sustains above 35500 will see upside movement till 35800--35950 levels in an intraday session.

Otherwise, Support around 35000, breaks below 35000 will see an intraday downside fall till 34700---34500 levels.

Trading Strategy

Traders can sell Banknifty Future below 35000 with a stop loss above 35300 for a downside movement till 34700---34500 levels in an intraday trading session.

Stock Pick of the day

Buy KEI around 1110 levels, stop loss below 1080 levels, for an upside movement till 1150 +++ levels in coming days. *T&C Apply...