Market still trading in a bearish zone...

EQUITY BULLETIN ON 01 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 17000, breaks below 17000 will see intraday fall till 16850---16800 levels.

Trading strategy

Traders can sell Nifty Future below 17000 with a stop loss above 17200 levels for a downside movement till 16850---16800 levels in an intraday session.

Bank Nifty Future

Bank Nifty has resistance around 36000, breaks and sustains above 36000 will see upside movement till 36300--36500 levels in an intraday session.

Otherwise, Support around 35500, breaks below 35500 will see an intraday downside fall till 35200---35000 levels.

Trading Strategy

Traders can sell Banknifty Future below 35500 with a stop loss above 35800 for a downside movement till 35200---35000 levels in an intraday trading session.

Stock Pick of the day

Buy SUNDRMFAST around 860 levels, stop loss below 825 levels, for an upside movement till 900---920 +++ levels in coming days. *T&C Apply...