FII/DII activity on 3 jan 2022
POSITIONAL BUY
POONAWALLA is good to buy above 232
with SL of 220
for target OPEN
Banknifty Update

We have Slight Bullish to Sideways expectation for Banknifty Today

Last Intraday Higher Low is Marked with Blue Line. If banknifty Takes Support from here and give reversal confirmation, then we can expect prices to be again retesting highest price of the day which is a Historic resistance zone

and breaking this point and then retest and continuation might push prices to retest lowest price of the day which is Intraday 1st Rejection zone of the Day.

Overall, there is expectation that by day end banknifty might close anywhere around 36700. This view will stay intact until big buying or big selling enter the market and drive prices up or down in a directional manner
Media is too big
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Good Morning Everyone
Pre Opening Market has been settled
Nifty 50 is opening gap up 0.08%
Nifty Bank is opening gap up 0.28%
Nifty IT is opening gap down 0.28%
Nifty Infra is opening gap up 0.07%
Nifty Energy is opening gap down 0.16%
Nifty FMCG is opening flat 0.00%
Nifty Pharma is opening gap up 0.35%
Nifty Auto is opening gap down 0.09%
Nifty Media is opening gap up 0.07%
Nifty metal is opening gap down 0.50%
POSITIONAL BUY

SUNTECK is good to buy above 510
with SL of 480
For OPEN