Will Nifty break 19000 or Any corrections??

EQUITY BULLETIN FOR 02 DEC 2022

Nifty Futures

Nifty has resistance around 19000 if it breaks and sustains above 19000 will see an upside rally till 19080 levels in an intraday session.

Else Nifty has support around 18850, break below 18850 will see intraday downside fall till 18760-18700 levels in an intraday session.

Trading strategy

Risky Traders can sell Nifty Future around 18800 with a stop loss below 19050  levels for an upside movement till 18700—18650 levels in an intraday session.

Bank Nifty Futures

Bank Nifty has resistance around 43700, breaks and sustains above 43700 will see an upside movement till 43850 levels in an intraday session.

Otherwise, Support around 43300, breaks below 43300 will see an intraday downside fall till 43100—42850 levels in an intraday session.

Trading Strategy

Traders can Sell Banknifty Future below 43600 with a stop loss below 43760 for an upside movement till 43450-43300 levels in an intraday trading session.

Stock Pick of the day

Buy Ongc Future above 142 with Sl of 139 and Target is 145-147