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Will market break its hurdle or take U-turn?


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EQUITY BULLETIN FOR 31 MARCH 2022 Nifty Futures Nifty has resistance around 17550 if it breaks and sustains above 17550 will see an upside rally till 17640 — 17700 levels in an intraday session. Else Nifty has support around 17400, break below 17400 will see intraday downside fall till 17300— 17250 levels in an intraday session. Trading strategy Traders can buy Nifty Future above 17550 with a stop loss below 17450 levels for an upside movement till 17650 — 17700 levels in an intraday session. Bank Nifty Futures Bank Nifty has resistance around 36500, breaks and sustains above 36500 will see an upside movement till 36700–36850 levels in an intraday session. Otherwise, Support around 36000, breaks below 36000 will see an intraday downside fall till 35800—35650 levels in an intraday session. Trading Strategy Traders can buy Banknifty Future above 36500 with a stop loss below 36200 for an upside movement till 36700-36850 levels in an intraday trading session. Stock Pick of the day NMDC Buy NMDC above 164 with a stop loss below 160 levels, for an upside movement till 169—172 levels in the coming days. *T&C Apply…

 
 
 

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