Nifty future chart analysis for 06.01.2022

Banknifty future chart analysis for 06.01.2022

Equity Intraday
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KOTAK BANK


Buy above -1932
Target1 -1950
Target2 -1969
Stoploss -1922

Sell at or below -1903
Target1 - 1886
Target2 -1869
Stoploss - 1913

Trading in banking stocks us going to be very tricky today, only kotak is looking pretty strong.but have extra caution during trade.

CIPLA


Buy above -931
Target1 -937
Target2 -944
Stoploss -926

Sell at or below -924
Target1 - 917
Target2 -910
Stoploss - 929

Equity Option
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Short mindtree below 4657, target _4486, stoploss _4716

Buy 17600 ce current contract above 117, watch level -146, target -168, stoploss -97.

Buy 17800 PE above 144, watch level 168, target -185, stoploss -128

Be very careful nit giving proper move , if u are not comfortable leave , its going to be risky

Started on 18 nth October 2021, not a single loosing day till now.

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