Nifty again heading towards 18000 mark...

EQUITY BULLETIN ON 02 NOV 2021

Nifty Future

Nifty has resistance around 18050 if it breaks and sustains above 18050 will see an upside rally till 18150---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 above 18050 with a stop loss below 17900 levels for an upside movement till 18150---18200 levels in an intraday session.

Bank Nifty Future

Bank Nifty has resistance around 40100, breaks and sustains above 40100 will see upside movement till 40400--40500 levels in an intraday session.

Otherwise, Support around 39500, breaks below 39500 will see an intraday downside fall till 39200---39100 levels.

Trading Strategy

Traders can BUY Banknifty Future above 40100 with a stop loss below 39900 for an upside movement till 40400---40500 levels in an intraday trading session.

Stock Pick of the day

Buy GNFC around 485 levels, stop loss below 460 levels, for an upside movement till 520 +++ levels in days to come. *T&C Apply...