Now the time to remain cautious at higher levels...

EQUITY BULLETIN ON 21 OCT 2021

Nifty Future

Nifty has resistance around 18500 if it breaks and sustains above 18500 will see an upside rally till 18600---18650 +++ levels in an intraday session.

Else Nifty has support around 18240, breaks below 18240 will see intraday fall till 17150---17100 levels.

Trading strategy

Traders can sell Nifty Future below 18240 with a stop loss above 18350 levels for a downside movement till 18150---18100 levels in an intraday session.

Bank Nifty Future

Bank Nifty has resistance around 40000, breaks and sustains above 40000 will see upside movement till 40300--40500 levels in an intraday session.

Otherwise, Support around 39400, breaks below 39400 will see an intraday downside fall till 39150---39000 levels.

Trading Strategy

Traders can sell Banknifty Future below 39400 with a stop loss above 39800 for a downside movement till 39150---39000 levels in an intraday trading session.

Stock Pick of the day

Sell LALPATHLAB FUTURE around 3580 levels, stop loss above 3675 levels, for a downside movement till 3480---3450 in an intraday session. *T&C Apply...