Market turns positive and more upside will expect for the day...

EQUITY BULLETIN FOR 28 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 buy Nifty Future around 17080 with a stop loss below 17000 levels for an upside movement till 17200---17350 levels in an intraday session.

Bank Nifty Future

Bank Nifty has resistance around 35250, breaks and sustains above 35250 will see upside movement till 35500--35550 levels in an intraday session.

Otherwise, Support around 34900, breaks below 34900 will see an intraday downside fall till 34700---34600 levels.

Trading Strategy

Traders can buy Banknifty Future around 35100 with a stop loss below 34900 for an upside movement till 35350---35500 levels in an intraday trading session.

Stock Pick of the day

Buy KSCL around 538 levels, stop loss below 525 levels, for an upside movement till 555---560 +++ levels in coming days. *T&C Apply...