Calm Before the Storm? Range-Bound Market Hints at Future Volatility!


YESTERDAY’S PICK

HDFCLIFE FUT BUY 634 to 645

OFSS 28MAR24 8600 CE BUY 145 to 220

MUTHOOTFIN 28MAR24 1440 CE 21 to 28

LT 28MAR24 3660 CE BUY 30 to 34

INDEX SUPPORT AND RESISTANCE

Nifty :- Resiatnce 22,050, 22,100 and 22,140 levels.

             Support- 21,960 , 21,929 and 21,880.

BankNifty: Resiatnce 46,740 followed by 46,800 and 46,900

                   Support – 46,500 followed by 46,400 and 46,350.

INDEX FUTURE FUTURE

Nifty Futures Sell below 22000. The suggested targets for this are 21,890  and 21,800, with a stop loss set at 22,150 .

Bank Nifty future sell below 46600 , the index is expected to see downside levls of 46,300 and 46100, and level 46,900 will act as a stop loss.

INTRDAY STOCKS

Buy   Indian Oil Corporation above 167.5 for the target 174 and 180 , with the stop loss of  162.

Tata Communications: Undervalued leader in a growing market – Seize the opportunity.

Our Investment Pick Tata Communications Buy above 1947, TGT 2039 and 2060.

Happy Trading!!

Commodity Samachar
Learn and Trade with Ease

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