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Will Nifty & Bank Nifty Break Out or Break Down?


Will Nifty & Bank Nifty Break Out or Break Down?

YESTERDAYS PICK

MARUTI 28MAR24 12400 CE BUY 120 to 215

METROPOLIS 28MAR24 1680 CE 22  to 37

TATACOMM 28MAR24 1980 CE  16 to 25

Top Pick MANKIND 2280 to 2350

Top Pick PIIND 3826 to 3860

Nifty and Bank Nifty Support and resiatnce level:

Nifty :- Resiatnce  22,140,  22,200 and 22,270 levels.

             Support =22,060, 22,000 and 21,980 levels..

BankNifty: Resiatnce 46,820, then 47,000 and 47,180.

                   Support=46,650 followed by 46,602 and 46,480.

Index Future levels

Nifty Futures Buy above  22220. The suggested targets for this are 22,330  and 22,430, with a stop loss set at 22,000 .

Bank Nifty future Buy above  47,400 , the index is expected to see upside levls of 47,600 and 47900, and level 47,120 will act as a stop loss.

Intraday Stocks:

Buy   OLECTRA above 1925 for the target 2000 and 2066 , with the stop loss of  1846.

Unlocking Value in Power: Invest in NLC India’s Growth Story

Our Investment Pick NLCINDIA Buy above 233, TGT 250 and 270.

Also Read: Forex News Letter: Crude Falls and the Dollar Scores!!

Recommended Read: The Commodity Market — Why is it advantageous to traders?

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