Market still looks solid at higher levels...

EQUITY BULLETIN ON 13 OCT 2021

Nifty Future

Nifty has resistance around 18080 if it breaks and sustains above 18080 will see an upside rally till 18180---18200 +++ 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 around 17950 with a stop loss below 17850 levels for an upside movement till 18180---18200 levels in an intraday session.

Bank Nifty Future

Bank Nifty has resistance around 38750, breaks and sustains above 38750 will see upside movement till 39000--39250 levels in an intraday session.

Otherwise, Support around 38000, breaks below 38000 will see an intraday downside fall till 37800---37750 levels.

Trading Strategy

Traders can buy Banknifty Future around 38450 with a stop loss below 38200 for an upside movement till 39000---39250 levels in an intraday trading session.

Stock Pick of the day

Buy RITES around 285 levels, stop loss below 280 levels, for an upside movement till 295 +++ levels in days to come.

*T&C Apply...