Profit booking may expect but overall trend is bullish...
- Millennial Investor's Service

- Apr 6, 2022
- 1 min read

EQUITY BULLETIN FOR 06 APRIL 2022
Nifty Futures
Nifty has resistance around 18200 if it breaks and sustains above 18200 will see an upside rally till 18300 — 18450 levels in an intraday session.
Nifty has support around 17900, an hourly close below 17900 will see an intraday downside fall till 17900 — 17750 levels in an intraday session.
Trading strategy
Traders can buy Nifty Future on dips around 17900 with a stop loss below 17800 levels for an upside movement till 18000 — 18100 levels in an intraday session.
Bank Nifty Futures
Bank Nifty has resistance around 38800, breaks and sustains above 38800 will see an upside movement till 39050–39200 levels in an intraday session.
Otherwise, Support around 38000, breaks below 38000 will see an intraday downside fall till 37800—37600 levels in an intraday session.
Trading Strategy
Traders can sell Banknifty Future on below 38000 with a stop loss above 38300 for a downside movement till 37800—37600 levels in an intraday trading session.
Stock Pick of the day
Nam India
Sell Deltacorp on rise around 329 for the downside move till 323-320 levels in the coming days. Stop-loss above 335.
*T&C Apply…








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