Trading Ideas for 08 Oct-2021
NIFTY FUT
0
Nifty opened higher & closed the day with good gains. Technically there is a small Resistance zone of 17830-17855 & once this is taken off the Index is all set for 17945-17980.
KEY SUPPORT
17745
KEY RESISTANCE
17845-17974
BANK NIFTY FUT
0
Bank nifty was today also unable to sustain above 38090 levels & closed below its Psychological & OI resistance zone of 38000. Now going forward we have RBI credit Policy announcement scheduled on Friday which can surely add a bullish spark to the Index & it can fly towards 38450-38740 with support placed at 37650.
KEY SUPPORT
37630
KEY RESISTANCE
38077-38447
PERFORMANCE UPDATE (07 OCT-2021)
Bullish Pick
JUSTDIAL
Return percent
THE STOCK PERFORMED AS PER CHART SET UP & WAS UP BY 40 POINTS OR 3.95% DURING THE DAY
Bearish Pick
CIPLA
Return percent
THE STOCK PERFORMED AS PER CHART SETUP & WAS DOWN BY 1.64% OR 15 POINTS DURING THE DAY
