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Nifty Breaches Key Level: Can the Bull Charge Continue?


THURSDAY’S PICK

ICICIBANK 28MAR24 1090 CE BUY ABOVE 7.50 TO 16
LT 28MAR24 3720 CE BUY 26 TO 53
BANKNIFTY 03APR 47500CE, Buy 250 TO 350
NIFTY 04APR 22350CE Buy 170 TO 220
CHOLAFIN 25APR24 1140 CE BUY 45 TO 53
HEROMOTOCO 25APR24 4700 CE 151 TO 180

Nifty and Bank Nifty Support and resistance level:

Nifty: – Resistance 22,400, 22,530 and 22,640 levels.
Support 22,230, 22,120 and 22,050 levels.
Bank Nifty: Resistance 47,290, then 47,450 and 47,700.
Support 47,050 followed by 46,860 and 46,650.

Index Future levels

Nifty Futures Sell below 22300. The suggested targets for this are 22,100 and 22,000, with a stop loss set at 22,530.

Bank Nifty future Sell below 47,500 , the index is expected to see downside levels of 47,200 and 47000, and level 47,800 will act as a stop loss.

Intraday Stocks:

Buy RADICO above 1727 for the target 1754 and, with the stop loss of 1709.

• Ride the Infrastructure Wave: Invest in NBCC, a Leader in Development.
Our Investment Pick … NBCC Buy above 118, TGT 127 and 135

Happy Trading!!

Commodity Samachar
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