Nifty holds 17000 and looks good for bull run...

EQUITY BULLETIN FOR 23 MARCH 2022

Nifty Futures

Nifty has resistance around 17500 if it breaks and sustains above 17500 will see an upside rally till 17650 — 17750 levels in an intraday session.

Else Nifty has support around 17150, break below 17150 will see intraday downside fall till 17000 — 16850 levels in an intraday session.

Trading strategy

Traders can buy Nifty Future above 17400 with a stop loss below 17330 levels for an upside movement till 17500 — 17650 levels in an intraday session.

Bank Nifty Futures

Bank Nifty has resistance around 36900, breaks and sustains above 36900 will see an upside movement till 37400–37700 levels in an intraday session.

Otherwise, Support around 36000, breaks below 36000 will see an intraday downside fall till 35450—35200 levels in an intraday session.

Trading Strategy

Traders can buy Banknifty Future above 36650 with a stop loss below 36350 for an upside movement till 36900—37400 levels in an intraday trading session.

Stock Pick of the day

Fortis Healthcare Ltd.

Buy FORTIS above 263 levels with a stop loss below 256 levels, for an upside movement till 275 +++ levels in the coming days.

*T&C Apply...