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ALL POSTS ARE FOR EDUCATIONAL PURPOSE ONLY. WE ARE NOT RESPONSIBLE FOR YOUR ANY LOSS / PROFIT. CONSULT YOUR FINANCIAL ADVISOR BEFORE TAKING ANY ACTION.
Description:
ALL POSTS ARE FOR EDUCATIONAL PURPOSE ONLY. WE ARE NOT RESPONSIBLE FOR YOUR ANY LOSS / PROFIT. CONSULT YOUR FINANCIAL ADVISOR BEFORE TAKING ANY ACTION.
BUY BANKNIFTY 12th JUN 50000 CE @170-175
Target-1: 215
Target-2: 290
Target-3: 420
STOPLOSS: 145
note: Its a very volatile instrument as compared to NIFTY- so, once 5 min candle closes below the SL mentioned then EXIT
Very safe traders book zone around +20 points from entry
Target-1: 215
Target-2: 290
Target-3: 420
STOPLOSS: 145
note: Its a very volatile instrument as compared to NIFTY- so, once 5 min candle closes below the SL mentioned then EXIT
Very safe traders book zone around +20 points from entry
6/11/2024, 4:34:57 AM
BUY NIFTY 13th JUN 23400 CE @83-85
Target-1: 103
Target-2: 130
Target-3: 190
STOPLOSS: 62
note: Its a very volatile instrument - so, once 5 min candle closes below the SL mentioned then EXIT
Very safe traders book zone around +12 points from entry ( With new contract of 25 Lot size)
Target-1: 103
Target-2: 130
Target-3: 190
STOPLOSS: 62
note: Its a very volatile instrument - so, once 5 min candle closes below the SL mentioned then EXIT
Very safe traders book zone around +12 points from entry ( With new contract of 25 Lot size)
6/11/2024, 4:34:01 AM
Maintain your daily risk as per your capital and risk management. daily risk should not cross more than 2 % of your Total capital . managing your risk is important in any kind of trading . If you are in direction of Profit then Trail your SL . without SL no trade.
If you are Trading in Equity : then you may use this calculation for risk management
If Daily Risk in Equity is Rs. 250 and SL is of 5 points ( from entry point to SL point) then Qty should be taken as per this Risk: 250/5 = Qty 50
If you are Trading in Equity : then you may use this calculation for risk management
If Daily Risk in Equity is Rs. 250 and SL is of 5 points ( from entry point to SL point) then Qty should be taken as per this Risk: 250/5 = Qty 50
6/10/2024, 3:41:55 AM
BUY BANKNIFTY 05th JUN 48600 PE @185-190
Target-1: 225
Target-2: 290
Target-3: 400
STOPLOSS: 160
note: Its a very volatile instrument as compared to NIFTY- so, once 5 min candle closes below the SL mentioned then EXIT
Very safe traders book zone around +20 points from entry
Target-1: 225
Target-2: 290
Target-3: 400
STOPLOSS: 160
note: Its a very volatile instrument as compared to NIFTY- so, once 5 min candle closes below the SL mentioned then EXIT
Very safe traders book zone around +20 points from entry
6/3/2024, 4:22:44 AM
MONDAY
03-Jun-2024
Bulls on strength above 22625-Midcpnifty Expiry
POSITIVE
Today’s Market Prediction:
Indian stock market Would open Gap up POSITIVE
Technically, Nifty is in the Negative zone- BankNifty is in the Positive zone.
Nifty index formed High Wave kind of candlestick pattern on the daily charts.
India VIX up by 1.76 percent to 24.60 levels.
Coal India:Coal production in May grew by 7.5% year-on-year to 64.4 million tonnes, and offtake increased by 7.2% year-on-year to 68.2 million tonnes.
Ashoka Buildcon:The company has emerged as the lowest bidder for two projects worth Rs 2,153 crore from the Maharashtra State Road Development Corporation.
NMDC:The company announced total iron ore production at 2.34 million tonnes in May 2024, down 37% from 3.71 million tonnes in the year-ago period. Iron ore sales fell 22% YoY to 2.82 million tonnes.
Stocks in NEWS:-
MOIL:The manganese-ore mining company has increased prices of all ferro grades of manganese ore with manganese content of Mn-44% and above by 35%. It also hiked prices of all other ferro grades with manganese content below Mn-44% by 30%.
Adani Ports and Special Economic Zone: Adani International Ports Holdings Pte (AIPH), a wholly owned subsidiary of Adani Ports, has signed a 30-year concession agreement with the Tanzania Ports Authority to operate and manage Container Terminal 2 at the Dar es Salaam Port, Tanzania.
Ahluwalia Contracts: The company has received a contract worth Rs 2,157 crore from India Jewellery Park, Mumbai. The contract involves design, engineering, procurement, and construction (EPC) for the construction and development of Gems & Jewellery Park in Mahape, Navi Mumbai.
Poonawalla Fincorp:The NBFC company has achieved a milestone of gross NPA below 1% and net NPA below 0.5% as of May 31, 2024.
Oil and Natural Gas Corporation: The state-owned oil & gas exploration company said K C Ramesh ceased to be Chief Financial Officer with effect from June 1, due to superannuation.
Shriram Finance:The board has approved the re-appointment of Umesh Revankar as Executive Vice Chairman of the company for 5 years, with effect from October 26, 2024, to October 25, 2029.
Market Indication:
Global: POSITIVE
NIFTY: POSITIVE
BANKNIFTY: POSITIVE
PCR:The Nifty Put-Call ratio (PCR), which indicates the mood of the market, fell to 1.00 on May 31 from 1.12 levels in the previous session.
BULK Deals: PNB Housing Finance, Great Eastern Shipping Company etc.
Stocks In F&O Ban Period:NIL
Results Today:NIL
GIFT NIFTY: (Positive)
23500 +812.00 +3.58%
FII-DII: FIIs were net buyers of Rs.1613.24 crores whereas DIIs were net buyers of Rs.2114.17 crores in cash market for last trading session.
NIFTY (22531) The support for the Nifty is: 22478-22433-22360 and the Resistance to the up move is at: 22622-22666-22740 levels.
BANKNIFTY (48984): The support for BankNifty is: 48680-48550-48340 and the resistance to the up move is at 48103-49234-49445 levels.
03-Jun-2024
Bulls on strength above 22625-Midcpnifty Expiry
POSITIVE
Today’s Market Prediction:
Indian stock market Would open Gap up POSITIVE
Technically, Nifty is in the Negative zone- BankNifty is in the Positive zone.
Nifty index formed High Wave kind of candlestick pattern on the daily charts.
India VIX up by 1.76 percent to 24.60 levels.
Coal India:Coal production in May grew by 7.5% year-on-year to 64.4 million tonnes, and offtake increased by 7.2% year-on-year to 68.2 million tonnes.
Ashoka Buildcon:The company has emerged as the lowest bidder for two projects worth Rs 2,153 crore from the Maharashtra State Road Development Corporation.
NMDC:The company announced total iron ore production at 2.34 million tonnes in May 2024, down 37% from 3.71 million tonnes in the year-ago period. Iron ore sales fell 22% YoY to 2.82 million tonnes.
Stocks in NEWS:-
MOIL:The manganese-ore mining company has increased prices of all ferro grades of manganese ore with manganese content of Mn-44% and above by 35%. It also hiked prices of all other ferro grades with manganese content below Mn-44% by 30%.
Adani Ports and Special Economic Zone: Adani International Ports Holdings Pte (AIPH), a wholly owned subsidiary of Adani Ports, has signed a 30-year concession agreement with the Tanzania Ports Authority to operate and manage Container Terminal 2 at the Dar es Salaam Port, Tanzania.
Ahluwalia Contracts: The company has received a contract worth Rs 2,157 crore from India Jewellery Park, Mumbai. The contract involves design, engineering, procurement, and construction (EPC) for the construction and development of Gems & Jewellery Park in Mahape, Navi Mumbai.
Poonawalla Fincorp:The NBFC company has achieved a milestone of gross NPA below 1% and net NPA below 0.5% as of May 31, 2024.
Oil and Natural Gas Corporation: The state-owned oil & gas exploration company said K C Ramesh ceased to be Chief Financial Officer with effect from June 1, due to superannuation.
Shriram Finance:The board has approved the re-appointment of Umesh Revankar as Executive Vice Chairman of the company for 5 years, with effect from October 26, 2024, to October 25, 2029.
Market Indication:
Global: POSITIVE
NIFTY: POSITIVE
BANKNIFTY: POSITIVE
PCR:The Nifty Put-Call ratio (PCR), which indicates the mood of the market, fell to 1.00 on May 31 from 1.12 levels in the previous session.
BULK Deals: PNB Housing Finance, Great Eastern Shipping Company etc.
Stocks In F&O Ban Period:NIL
Results Today:NIL
GIFT NIFTY: (Positive)
23500 +812.00 +3.58%
FII-DII: FIIs were net buyers of Rs.1613.24 crores whereas DIIs were net buyers of Rs.2114.17 crores in cash market for last trading session.
NIFTY (22531) The support for the Nifty is: 22478-22433-22360 and the Resistance to the up move is at: 22622-22666-22740 levels.
BANKNIFTY (48984): The support for BankNifty is: 48680-48550-48340 and the resistance to the up move is at 48103-49234-49445 levels.
6/3/2024, 3:14:14 AM
FRIDAY
31-MAY-2024
Holding 22425 is the key for Bulls to sustain-Till then Buy on dips
FLAT to NEGATIVE
Today’s Market Prediction:
Indian stock market Would open FLAT
Technically, Nifty is in the Negative zone- BankNifty is in the Positive zone.
Nifty index formed a bearish candlestick pattern on the daily charts.
India VIX fell by 0.00 percent to 24.18 levels.
Sun Pharmaceutical Industries:The pharma company has accepted the preferential offer to acquire 14.28% shares of the Indian Foundation for Quality Management, for Rs 12.5 crore.
Jio Financial Services:The company announced the launch of its JioFinance app in Beta version. This app integrates digital banking, UPI transactions, bill settlements, insurance advisory, and offers a consolidated view of accounts and savings.
ICICI Prudential Life Insurance Company:The Insurance Regulatory and Development Authority of India (IRDAI) approved the appointment of Sandeep Batra as Chairman of the board of directors. The said appointment will be effective June 30, 2024
Stocks in NEWS:-
Krishna Institute of Medical Sciences:KIMS subsidiary KIMS Hospital Bengaluru entered into a lease agreement for setting up a super specialty hospital in Bengaluru, at Peoples Education Society (PES) campus, Electronic City.
Aarti Industries: The specialty chemicals company has appointed Suyog Kotecha as Chief Executive Officer (CEO) and Executive Director with effect from June 17, replacing Rajendra V Gogri.
Hilton Metal Forging: The board has given approval for sub-division of 1 equity share of the company (face value of Rs 10 each) into 10 equity shares (face value of Re 1 each).
Tube Investments of India:A subsidiary of the company, Tl Clean Mobility, has acquired 5,024 equity shares (equivalent to 23.69% of share capital) of IPLTech Electric from the founders for Rs 185 crore.
Orient Electric: Desh Deepak Khetrapal has resigned as Vice Chairman and MD of the company effective May 30. The board has appointed Ravindra Singh Negi as Managing Director and CEO of the company for 5 years effective May 31.
Market Indication:
Global: FLAT to NEGATIVE
NIFTY: FLAT to NEGATIVE
BANKNIFTY: FLAT to NEGATIVE
PCR:The Nifty Put-Call ratio (PCR), which indicates the mood of the market, jumped to 1.12 on May 30 from 0.79 levels in the previous session.
BULK Deals: PNB Housing Finance, Great Eastern Shipping Company etc.
Stocks In F&O Ban Period:NIL
Results Today:NIL
GIFT NIFTY: (Positive)
22686 +23.50 +0.10%
FII-DII: FIIs were net sellers of Rs.3050.15 crores whereas DIIs were net buyers of Rs.3432.92 crores in cash market for last trading session.
NIFTY (22489) The support for the Nifty is: 22427-22359-22250 and the Resistance to the up move is at: 22647-22716-22825 levels.
BANKNIFTY (48682): The support for BankNifty is: 48401-48228-47950 and the resistance to the up move is at 48959-49132-49411 levels.
31-MAY-2024
Holding 22425 is the key for Bulls to sustain-Till then Buy on dips
FLAT to NEGATIVE
Today’s Market Prediction:
Indian stock market Would open FLAT
Technically, Nifty is in the Negative zone- BankNifty is in the Positive zone.
Nifty index formed a bearish candlestick pattern on the daily charts.
India VIX fell by 0.00 percent to 24.18 levels.
Sun Pharmaceutical Industries:The pharma company has accepted the preferential offer to acquire 14.28% shares of the Indian Foundation for Quality Management, for Rs 12.5 crore.
Jio Financial Services:The company announced the launch of its JioFinance app in Beta version. This app integrates digital banking, UPI transactions, bill settlements, insurance advisory, and offers a consolidated view of accounts and savings.
ICICI Prudential Life Insurance Company:The Insurance Regulatory and Development Authority of India (IRDAI) approved the appointment of Sandeep Batra as Chairman of the board of directors. The said appointment will be effective June 30, 2024
Stocks in NEWS:-
Krishna Institute of Medical Sciences:KIMS subsidiary KIMS Hospital Bengaluru entered into a lease agreement for setting up a super specialty hospital in Bengaluru, at Peoples Education Society (PES) campus, Electronic City.
Aarti Industries: The specialty chemicals company has appointed Suyog Kotecha as Chief Executive Officer (CEO) and Executive Director with effect from June 17, replacing Rajendra V Gogri.
Hilton Metal Forging: The board has given approval for sub-division of 1 equity share of the company (face value of Rs 10 each) into 10 equity shares (face value of Re 1 each).
Tube Investments of India:A subsidiary of the company, Tl Clean Mobility, has acquired 5,024 equity shares (equivalent to 23.69% of share capital) of IPLTech Electric from the founders for Rs 185 crore.
Orient Electric: Desh Deepak Khetrapal has resigned as Vice Chairman and MD of the company effective May 30. The board has appointed Ravindra Singh Negi as Managing Director and CEO of the company for 5 years effective May 31.
Market Indication:
Global: FLAT to NEGATIVE
NIFTY: FLAT to NEGATIVE
BANKNIFTY: FLAT to NEGATIVE
PCR:The Nifty Put-Call ratio (PCR), which indicates the mood of the market, jumped to 1.12 on May 30 from 0.79 levels in the previous session.
BULK Deals: PNB Housing Finance, Great Eastern Shipping Company etc.
Stocks In F&O Ban Period:NIL
Results Today:NIL
GIFT NIFTY: (Positive)
22686 +23.50 +0.10%
FII-DII: FIIs were net sellers of Rs.3050.15 crores whereas DIIs were net buyers of Rs.3432.92 crores in cash market for last trading session.
NIFTY (22489) The support for the Nifty is: 22427-22359-22250 and the Resistance to the up move is at: 22647-22716-22825 levels.
BANKNIFTY (48682): The support for BankNifty is: 48401-48228-47950 and the resistance to the up move is at 48959-49132-49411 levels.
5/31/2024, 3:26:47 AM
BUY BANKNIFTY 05th JUN 45900 PE @210-215
Target-1: 245
Target-2: 290
Target-3: 400
STOPLOSS: 185
note: Its a very volatile instrument as compared to NIFTY- so, once 5 min candle closes below the SL mentioned then EXIT
Very safe traders book zone around +20 points from entry
Target-1: 245
Target-2: 290
Target-3: 400
STOPLOSS: 185
note: Its a very volatile instrument as compared to NIFTY- so, once 5 min candle closes below the SL mentioned then EXIT
Very safe traders book zone around +20 points from entry
5/29/2024, 4:49:49 AM
BUY NIFTY 30th MAY 22750 PE @83-85
Target-1: 108
Target-2: 130
Target-3: 190
STOPLOSS: 63
note: Its a very volatile instrument - so, once 5 min candle closes below the SL mentioned then EXIT
Very safe traders book zone around +12 points from entry ( With new contract of 25 Lot size)
Target-1: 108
Target-2: 130
Target-3: 190
STOPLOSS: 63
note: Its a very volatile instrument - so, once 5 min candle closes below the SL mentioned then EXIT
Very safe traders book zone around +12 points from entry ( With new contract of 25 Lot size)
5/29/2024, 4:49:24 AM
WEDNESDAY
29-MAY-2024
Holding 22860 is the key for Bulls to sustain else further downside-Banknifty Expiry
FLAT to NEGATIVE
Today’s Market Prediction:
Indian stock market Would open NEGATIVE
Technically, Nifty is in the Negative zone- BankNifty is in the Positive zone.
Nifty index formed a bearish candlestick pattern on the daily charts.
India VIX up by 4.32 percent to 24.20 levels.
Oil India:The company has signed an MoU with Hindustan Petroleum Corporation to collaborate on a conventional and alternative energy portfolio.
City Union Bank:City Union Bank has received approval from the Reserve Bank of India for the appointment of R Vijay Anandh as Whole-time Director - Executive Director of the bank for three years.
NMDC:NMDC will act as the distributor/stockist for NMDC Steel. It will take up the marketing and sales of HR coils, sheets, and plates of NMDC Steel.
Stocks in NEWS:-
PNB Housing Finance:The housing finance company may see a block deal of Rs 500 crore on May 29, according to CNBC Awaaz sources. Asia Opportunities V Mauritius and General Atlantic Singapore Fund are likely sellers in the deal.
Hindalco Industries: Aditya Birla-subsidiary Novelis Inc has filed for an IPO in the US, offering 45 million shares in a price band of $18-21 per share. The company plans to raise $945 million at the upper end of the price band, targeting a valuation of up to $12.6 billion.
Reliance Industries: Reliance Industries, the operator of the world’s biggest refining complex, has signed a one-year deal with Russia’s Rosneft to buy at least 3 million barrels of oil a month in roubles, four sources aware of the matter told Reuters.
Canara Bank:The bank announced that a meeting of the Board of Directors is scheduled to be held on May 31 to consider the capital raising plan for the financial year 2024-25
Grasim Industries: Birla Group Holdings Private Limited (BGHPL), one of the key promoters of Grasim Industries, has increased its stake from 19.10% to 23.18% in the company.
HDFC Life Insurance Company;Rangarajan BN has resigned as Chief Risk Officer of the company to pursue opportunities outside his professional life, effective July 15, 2024. The board has approved the appointment of Khushru Sidhwa as Chief Risk Officer of the company, effective July 16.
Market Indication:
Global: FLAT to NEGATIVE
NIFTY: FLAT to NEGATIVE
BANKNIFTY: FLAT to NEGATIVE
PCR:The Nifty Put-Call ratio (PCR), which indicates the mood of the market, dropped further to 0.94 on May 28 from 1.02 levels in the previous session.
BULK Deals: Delta industrial Resources ltd, Jindal Saw etc.
Stocks In F&O Ban Period:Aditya Birla Fashion & Retail, Biocon, Hindustan Copper, Vodafone Idea, and Piramal Enterprises
Results Today:Tata Steel, Aadhar Housing Finance, Alkem Laboratories, Bata India, Cummins India, Deepak Fertilisers & Petrochemicals Corporation, Emami, GMR Airports Infrastructure, Indegene, Ipca Laboratories, Jubilant Pharmova, Lemon Tree Hotels, Mazagon Dock Shipbuilders, Samvardhana Motherson International, and Shree Renuka Sugars.
GIFT NIFTY: (Negative)
22824 -92.50 -0.40%
FII-DII: FIIs were net buyers of Rs.65.57 crores whereas DIIs were net buyers of Rs.3231.67 crores in cash market for last trading session.
NIFTY (22888) The support for the Nifty is: 22862-22829-22775 and the Resistance to the up move is at: 22969-23000-23055 levels.
BANKNIFTY (49142): The support for BankNifty is: 49054-48943-48765 and the resistance to the up move is at 49411-49521-49700 levels.
29-MAY-2024
Holding 22860 is the key for Bulls to sustain else further downside-Banknifty Expiry
FLAT to NEGATIVE
Today’s Market Prediction:
Indian stock market Would open NEGATIVE
Technically, Nifty is in the Negative zone- BankNifty is in the Positive zone.
Nifty index formed a bearish candlestick pattern on the daily charts.
India VIX up by 4.32 percent to 24.20 levels.
Oil India:The company has signed an MoU with Hindustan Petroleum Corporation to collaborate on a conventional and alternative energy portfolio.
City Union Bank:City Union Bank has received approval from the Reserve Bank of India for the appointment of R Vijay Anandh as Whole-time Director - Executive Director of the bank for three years.
NMDC:NMDC will act as the distributor/stockist for NMDC Steel. It will take up the marketing and sales of HR coils, sheets, and plates of NMDC Steel.
Stocks in NEWS:-
PNB Housing Finance:The housing finance company may see a block deal of Rs 500 crore on May 29, according to CNBC Awaaz sources. Asia Opportunities V Mauritius and General Atlantic Singapore Fund are likely sellers in the deal.
Hindalco Industries: Aditya Birla-subsidiary Novelis Inc has filed for an IPO in the US, offering 45 million shares in a price band of $18-21 per share. The company plans to raise $945 million at the upper end of the price band, targeting a valuation of up to $12.6 billion.
Reliance Industries: Reliance Industries, the operator of the world’s biggest refining complex, has signed a one-year deal with Russia’s Rosneft to buy at least 3 million barrels of oil a month in roubles, four sources aware of the matter told Reuters.
Canara Bank:The bank announced that a meeting of the Board of Directors is scheduled to be held on May 31 to consider the capital raising plan for the financial year 2024-25
Grasim Industries: Birla Group Holdings Private Limited (BGHPL), one of the key promoters of Grasim Industries, has increased its stake from 19.10% to 23.18% in the company.
HDFC Life Insurance Company;Rangarajan BN has resigned as Chief Risk Officer of the company to pursue opportunities outside his professional life, effective July 15, 2024. The board has approved the appointment of Khushru Sidhwa as Chief Risk Officer of the company, effective July 16.
Market Indication:
Global: FLAT to NEGATIVE
NIFTY: FLAT to NEGATIVE
BANKNIFTY: FLAT to NEGATIVE
PCR:The Nifty Put-Call ratio (PCR), which indicates the mood of the market, dropped further to 0.94 on May 28 from 1.02 levels in the previous session.
BULK Deals: Delta industrial Resources ltd, Jindal Saw etc.
Stocks In F&O Ban Period:Aditya Birla Fashion & Retail, Biocon, Hindustan Copper, Vodafone Idea, and Piramal Enterprises
Results Today:Tata Steel, Aadhar Housing Finance, Alkem Laboratories, Bata India, Cummins India, Deepak Fertilisers & Petrochemicals Corporation, Emami, GMR Airports Infrastructure, Indegene, Ipca Laboratories, Jubilant Pharmova, Lemon Tree Hotels, Mazagon Dock Shipbuilders, Samvardhana Motherson International, and Shree Renuka Sugars.
GIFT NIFTY: (Negative)
22824 -92.50 -0.40%
FII-DII: FIIs were net buyers of Rs.65.57 crores whereas DIIs were net buyers of Rs.3231.67 crores in cash market for last trading session.
NIFTY (22888) The support for the Nifty is: 22862-22829-22775 and the Resistance to the up move is at: 22969-23000-23055 levels.
BANKNIFTY (49142): The support for BankNifty is: 49054-48943-48765 and the resistance to the up move is at 49411-49521-49700 levels.
5/29/2024, 3:30:43 AM
we are not SEBI registered . you may consult your Financial advisor before taking trade.
Our views are based on candlestick charts,patterns,Mathematical based calculation ( pivot)
we are not responsible for any profit/loss as views are for Educational/Observation Purpose
Maintain your daily risk as per your capital and risk management. daily risk should not cross more than 2 % of your Total capital . managing your risk is important in any kind of trading . If you are in direction of Profit then Trail your SL . without SL no trade.
If you are Trading in Equity : then you may use this calculation for risk management
If Daily Risk in Equity is Rs. 250 and SL is of 5 points ( from entry point to SL point) then Qty should be taken as per this Risk: 250/5 = Qty 50
Our views are based on candlestick charts,patterns,Mathematical based calculation ( pivot)
we are not responsible for any profit/loss as views are for Educational/Observation Purpose
Maintain your daily risk as per your capital and risk management. daily risk should not cross more than 2 % of your Total capital . managing your risk is important in any kind of trading . If you are in direction of Profit then Trail your SL . without SL no trade.
If you are Trading in Equity : then you may use this calculation for risk management
If Daily Risk in Equity is Rs. 250 and SL is of 5 points ( from entry point to SL point) then Qty should be taken as per this Risk: 250/5 = Qty 50
4/25/2024, 3:29:42 AM
THURSDAY
25-APR-2024
Bear will be active below 22375 - Nifty Expiry
FLAT to NEGATIVE
Today’s Market Prediction:
Indian stock market Would open FLAT
Technically, Nifty is in the Negative zone- BankNifty is in the Positive zone.
Nifty index formed small bearish candlestick pattern with minor upper shadow, which to some extent resembles Doji kind of pattern on the daily charts.
India VIX up by 0.78 percent to 10.28 levels.
Bajaj Finance to announce Q4 earnings
Axis Bank posts Rs 7,130-cr net profit in Q4
HUL Q4 net profit falls 6% to Rs 2,406 crore
Tech Mahindra to announce Q4 results
Vodafone Idea: The equity shares issued in the follow-on public offer (FPO) will be available for trading in a continuous trading session with effect from April 25.
Indian Bank: The Financial Services Institutions Bureau (FSIB) has recommended Asheesh Pandey for the position of MD and CEO at Indian Bank.
Mas Financial Services: The financial services company has reported consolidated net profit of Rs 69.4 crore for the January–March period of FY24, rising 23.3 percent over the same period last fiscal.
Stocks in NEWS
Kotak Mahindra Bank: The Reserve Bank of India barred Kotak Mahindra Bank from onboarding new customers through its online and mobile banking channels and issuing fresh credit cards, citing supervisory concerns over its technology platforms.
Hindustan Unilever: The FMCG major has recorded standalone net profit at Rs 2,406 crore for quarter ended March FY24, falling 5.7 percent compared to year-ago period, impacted by weak topline as well as operating numbers.
Axis Bank: The private sector lender has reported standalone net profit at Rs 7,130 crore for March FY24 quarter, against loss of Rs 5,728.4 crore in corresponding period of last fiscal, despite elevated provisions for bad loans.
ITC: The FMCG company said the meeting of ordinary shareholders will be taking place on June 6 through electronic mode for considering the proposed Scheme of Arrangement amongst ITC and ITC Hotels.
LTIMindtree: The IT services company has recorded consolidated net profit at Rs 1,100.7 crore for March FY24 quarter, declining 5.9 percent compared to previous quarter, with weak topline and operating numbers. Revenue from operations during the quarter at Rs 8,893 crore fell by 1.4 percent on sequential basis.
Market Indication:
Global: FLAT to NEGATIVE
NIFTY: FLAT to NEGATIVE
BANKNIFTY: FLAT to NEGATIVE
PCR:The Nifty Put Call ratio (PCR), which indicates the mood of the equity market, declined to 1.04 on April 24, from 1.06 levels in the previous session.
BULK Deals: Laxmi Costpin limited, Joyti Structures Ltd etc.
Stocks In F&O Ban Period: Aditya Birla Fashion & Retail, SAIL, retaining Hindustan Copper
Results Today: Bajaj Finance, IndusInd Bank, Nestle India, Tech Mahindra, Vedanta, ACC, L&T Technology Services, AAVAS Financiers, Coromandel International, Cyient, Glenmark Life Sciences, Himadri Speciality Chemical, Laurus Labs, Mphasis, Olectra Greentech, Schaeffler India, Tanla Platforms, Tata Teleservices (Maharashtra), UTI Asset Management Company, and Zensar Technologies
GIFT NIFTY: (Negative)
22350 -70.00 -0.31%
FII-DII: FIIs were net sellers of Rs.2511.74 crores whereas DIIs were net buyers of Rs.3809.90 crores in cash market for last trading session.
NIFTY (22402) The support for the Nifty is: 22386-22364-22330 and the Resistance to the up move is at: 22456-22478-22515 levels.
BANKNIFTY (48190): The support for BankNifty is: 48072-48020-47937 and the resistance to the up move is at 48238-48290-48370 levels.
**********************************
Note:
CHECK THE MARKET DIRECTION BEFORE YOU TRADE
WE ARE NOT ADVISORY or TIPS PROVIDERS
25-APR-2024
Bear will be active below 22375 - Nifty Expiry
FLAT to NEGATIVE
Today’s Market Prediction:
Indian stock market Would open FLAT
Technically, Nifty is in the Negative zone- BankNifty is in the Positive zone.
Nifty index formed small bearish candlestick pattern with minor upper shadow, which to some extent resembles Doji kind of pattern on the daily charts.
India VIX up by 0.78 percent to 10.28 levels.
Bajaj Finance to announce Q4 earnings
Axis Bank posts Rs 7,130-cr net profit in Q4
HUL Q4 net profit falls 6% to Rs 2,406 crore
Tech Mahindra to announce Q4 results
Vodafone Idea: The equity shares issued in the follow-on public offer (FPO) will be available for trading in a continuous trading session with effect from April 25.
Indian Bank: The Financial Services Institutions Bureau (FSIB) has recommended Asheesh Pandey for the position of MD and CEO at Indian Bank.
Mas Financial Services: The financial services company has reported consolidated net profit of Rs 69.4 crore for the January–March period of FY24, rising 23.3 percent over the same period last fiscal.
Stocks in NEWS
Kotak Mahindra Bank: The Reserve Bank of India barred Kotak Mahindra Bank from onboarding new customers through its online and mobile banking channels and issuing fresh credit cards, citing supervisory concerns over its technology platforms.
Hindustan Unilever: The FMCG major has recorded standalone net profit at Rs 2,406 crore for quarter ended March FY24, falling 5.7 percent compared to year-ago period, impacted by weak topline as well as operating numbers.
Axis Bank: The private sector lender has reported standalone net profit at Rs 7,130 crore for March FY24 quarter, against loss of Rs 5,728.4 crore in corresponding period of last fiscal, despite elevated provisions for bad loans.
ITC: The FMCG company said the meeting of ordinary shareholders will be taking place on June 6 through electronic mode for considering the proposed Scheme of Arrangement amongst ITC and ITC Hotels.
LTIMindtree: The IT services company has recorded consolidated net profit at Rs 1,100.7 crore for March FY24 quarter, declining 5.9 percent compared to previous quarter, with weak topline and operating numbers. Revenue from operations during the quarter at Rs 8,893 crore fell by 1.4 percent on sequential basis.
Market Indication:
Global: FLAT to NEGATIVE
NIFTY: FLAT to NEGATIVE
BANKNIFTY: FLAT to NEGATIVE
PCR:The Nifty Put Call ratio (PCR), which indicates the mood of the equity market, declined to 1.04 on April 24, from 1.06 levels in the previous session.
BULK Deals: Laxmi Costpin limited, Joyti Structures Ltd etc.
Stocks In F&O Ban Period: Aditya Birla Fashion & Retail, SAIL, retaining Hindustan Copper
Results Today: Bajaj Finance, IndusInd Bank, Nestle India, Tech Mahindra, Vedanta, ACC, L&T Technology Services, AAVAS Financiers, Coromandel International, Cyient, Glenmark Life Sciences, Himadri Speciality Chemical, Laurus Labs, Mphasis, Olectra Greentech, Schaeffler India, Tanla Platforms, Tata Teleservices (Maharashtra), UTI Asset Management Company, and Zensar Technologies
GIFT NIFTY: (Negative)
22350 -70.00 -0.31%
FII-DII: FIIs were net sellers of Rs.2511.74 crores whereas DIIs were net buyers of Rs.3809.90 crores in cash market for last trading session.
NIFTY (22402) The support for the Nifty is: 22386-22364-22330 and the Resistance to the up move is at: 22456-22478-22515 levels.
BANKNIFTY (48190): The support for BankNifty is: 48072-48020-47937 and the resistance to the up move is at 48238-48290-48370 levels.
**********************************
Note:
CHECK THE MARKET DIRECTION BEFORE YOU TRADE
WE ARE NOT ADVISORY or TIPS PROVIDERS
4/25/2024, 3:29:42 AM
Note:
CHECK THE MARKET DIRECTION BEFORE YOU TRADE
WE ARE NOT ADVISORY or TIPS PROVIDERS
we are not SEBI registered . you may consult your Financial advisor before taking trade.
Our views are based on candlestick charts,patterns,Mathematical based calculation ( pivot)
we are not responsible for any profit/loss as views are for Educational/Observation Purpose
Maintain your daily risk as per your capital and risk management. daily risk should not cross more than 2 % of your Total capital . managing your risk is important in any kind of trading . If you are in direction of Profit then Trail your SL . without SL no trade.
If you are Trading in Equity : then you may use this calculation for risk management
If Daily Risk in Equity is Rs. 250 and SL is of 5 points ( from entry point to SL point) then Qty should be taken as per this Risk: 250/5 = Qty 50
Disclaimer: Investment in equity shares has its own risks. This material is for
CHECK THE MARKET DIRECTION BEFORE YOU TRADE
WE ARE NOT ADVISORY or TIPS PROVIDERS
we are not SEBI registered . you may consult your Financial advisor before taking trade.
Our views are based on candlestick charts,patterns,Mathematical based calculation ( pivot)
we are not responsible for any profit/loss as views are for Educational/Observation Purpose
Maintain your daily risk as per your capital and risk management. daily risk should not cross more than 2 % of your Total capital . managing your risk is important in any kind of trading . If you are in direction of Profit then Trail your SL . without SL no trade.
If you are Trading in Equity : then you may use this calculation for risk management
If Daily Risk in Equity is Rs. 250 and SL is of 5 points ( from entry point to SL point) then Qty should be taken as per this Risk: 250/5 = Qty 50
Disclaimer: Investment in equity shares has its own risks. This material is for
4/24/2024, 3:24:13 AM
WEDNESDAY
24-APR-2024
Holding 22350 is the key for Bulls-Buy on dips till then-Banknifty Expiry
FLAT to POSITIVE
Today’s Market Prediction:
Indian stock market Would open FLAT
Technically, Nifty is in the Negative zone- BankNifty is in the Positive zone.
Nifty index formed bearish candlestick pattern on the daily charts as the closing was lower than opening levels.
India VIX fell by 19.72 percent to 10.20 levels.
Hindustan Unilever to report Q4 earnings today
LTIMindtree to announce Q4 earnings today
India's inflation at risk from extreme weather, geopolitical issues: RBI bulletin
Lupin: The US Food and Drug Administration (US FDA) has issued an establishment inspection report for the company's Aurangabad manufacturing facility.
SH Kelkar and Company: The fire incident occurred at the company's Vashivali facility in Khalapur (Maharashtra) on April 23. However, there was no loss of human life.
Adroit Infotech: The software company has entered into a non-binding share purchase agreement with a US-based ERP solutions company
Stocks in NEWS
Tata Consumer Products: The FMCG company has recorded consolidated net profit at Rs 268 crore for quarter ended March FY24, declining sharply by 23 percent compared to same period last fiscal despite healthy operating numbers, and topline, impacted by exceptional loss of Rs 216 crore.
ICICI Prudential Life Insurance Company: The life insurance company has registered profit after tax at Rs 174 crore for March FY24 quarter, declining 26 percent compared to corresponding period of previous fiscal.
Tata Elxsi: The Tata Group company has reported a 4.6 percent on-year decline in net profit at Rs 196.9 crore for quarter ended March FY24 on lower topline and weak operating numbers.
Gokaldas Exports: The company has raised Rs 600 crore via allotment of 77,41,935 equity shares to eligible qualified institutional buyers, at issue price of Rs 775 per share.
Cyient DLM: The electronics manufacturing solutions provider has recorded consolidated net profit at Rs 22.7 crore for March FY24 quarter, growing significantly by 80.7 percent over same period previous fiscal despite weak operating margin, driven by other income and topline.
IIFL Finance: The special audit directed by the Reserve Bank of India (RBI) has commenced on April 23. The RBI on March 4 had suspended the disbursement of new gold loans by the company until the satisfactory completion of the said audit.
Market Indication:
Global: FLAT to POSITIVE
NIFTY: FLAT to POSITIVE
BANKNIFTY: FLAT to POSITIVE
PCR:The Nifty Put Call ratio (PCR), which indicates the mood of the equity market, declined to 1.06 on April 23, from 1.14 levels in the previous session.
BULK Deals: Bandhan bank limited, Bank of baroda etc.
Stocks In F&O Ban Period: Hindustan Copper, Vodafone Idea, and Zee Entertainment Enterprises
Results Today: Hindustan Unilever, Axis Bank, LTIMindtree, Nippon Life India Asset Management, Macrotech Developers, Syngene International, 5paisa Capital, Anant Raj, AU Small Finance Bank, Chennai Petroleum Corporation, Dalmia Bharat, DCB Bank, Equitas Small Finance Bank, Indian Hotels, MAS Financial Services, Oracle Financial Services Software, and Supreme Petrochem
GIFT NIFTY: (Positive)
22446 +69.50 +0.31%
FII-DII: FIIs were net sellers of Rs.3044.54 crores whereas DIIs were net buyers of Rs.2918.94 crores in cash market for last trading session.
NIFTY (22368) The support for the Nifty is: 22351-22328-22290 and the Resistance to the up move is at: 22426-22449-22485 levels.
BANKNIFTY (47970): The support for BankNifty is: 47903-47808-47655 and the resistance to the up move is at 48212-48307-48460 levels.
**********************************
24-APR-2024
Holding 22350 is the key for Bulls-Buy on dips till then-Banknifty Expiry
FLAT to POSITIVE
Today’s Market Prediction:
Indian stock market Would open FLAT
Technically, Nifty is in the Negative zone- BankNifty is in the Positive zone.
Nifty index formed bearish candlestick pattern on the daily charts as the closing was lower than opening levels.
India VIX fell by 19.72 percent to 10.20 levels.
Hindustan Unilever to report Q4 earnings today
LTIMindtree to announce Q4 earnings today
India's inflation at risk from extreme weather, geopolitical issues: RBI bulletin
Lupin: The US Food and Drug Administration (US FDA) has issued an establishment inspection report for the company's Aurangabad manufacturing facility.
SH Kelkar and Company: The fire incident occurred at the company's Vashivali facility in Khalapur (Maharashtra) on April 23. However, there was no loss of human life.
Adroit Infotech: The software company has entered into a non-binding share purchase agreement with a US-based ERP solutions company
Stocks in NEWS
Tata Consumer Products: The FMCG company has recorded consolidated net profit at Rs 268 crore for quarter ended March FY24, declining sharply by 23 percent compared to same period last fiscal despite healthy operating numbers, and topline, impacted by exceptional loss of Rs 216 crore.
ICICI Prudential Life Insurance Company: The life insurance company has registered profit after tax at Rs 174 crore for March FY24 quarter, declining 26 percent compared to corresponding period of previous fiscal.
Tata Elxsi: The Tata Group company has reported a 4.6 percent on-year decline in net profit at Rs 196.9 crore for quarter ended March FY24 on lower topline and weak operating numbers.
Gokaldas Exports: The company has raised Rs 600 crore via allotment of 77,41,935 equity shares to eligible qualified institutional buyers, at issue price of Rs 775 per share.
Cyient DLM: The electronics manufacturing solutions provider has recorded consolidated net profit at Rs 22.7 crore for March FY24 quarter, growing significantly by 80.7 percent over same period previous fiscal despite weak operating margin, driven by other income and topline.
IIFL Finance: The special audit directed by the Reserve Bank of India (RBI) has commenced on April 23. The RBI on March 4 had suspended the disbursement of new gold loans by the company until the satisfactory completion of the said audit.
Market Indication:
Global: FLAT to POSITIVE
NIFTY: FLAT to POSITIVE
BANKNIFTY: FLAT to POSITIVE
PCR:The Nifty Put Call ratio (PCR), which indicates the mood of the equity market, declined to 1.06 on April 23, from 1.14 levels in the previous session.
BULK Deals: Bandhan bank limited, Bank of baroda etc.
Stocks In F&O Ban Period: Hindustan Copper, Vodafone Idea, and Zee Entertainment Enterprises
Results Today: Hindustan Unilever, Axis Bank, LTIMindtree, Nippon Life India Asset Management, Macrotech Developers, Syngene International, 5paisa Capital, Anant Raj, AU Small Finance Bank, Chennai Petroleum Corporation, Dalmia Bharat, DCB Bank, Equitas Small Finance Bank, Indian Hotels, MAS Financial Services, Oracle Financial Services Software, and Supreme Petrochem
GIFT NIFTY: (Positive)
22446 +69.50 +0.31%
FII-DII: FIIs were net sellers of Rs.3044.54 crores whereas DIIs were net buyers of Rs.2918.94 crores in cash market for last trading session.
NIFTY (22368) The support for the Nifty is: 22351-22328-22290 and the Resistance to the up move is at: 22426-22449-22485 levels.
BANKNIFTY (47970): The support for BankNifty is: 47903-47808-47655 and the resistance to the up move is at 48212-48307-48460 levels.
**********************************
4/24/2024, 3:24:13 AM
TUESDAY
23-APR-2024
Bulls on the ride-Break and sustain above 22350 is further upside -Till then sell on Rise
FLAT to POSITIVE
Today’s Market Prediction:
Indian stock market Would open FLAT
Technically, Nifty is in the Negative zone- BankNifty is in the Positive zone.
Nifty index formed Dragonfly Doji kind of candlestick pattern on the daily charts
India VIX fell by 5.62 percent to 12.70 levels.
Reliance Industries posts Q4 profit at Rs 21,243 crore
Macquarie introduces $1.5-billion India EV financing platform Vertelo
Wipro: Synchrony Global SDN BHD, the step-down subsidiary of the IT services company, has been voluntarily dissolved with effect from April 22.
Inox Wind: The company said the meeting of the board of directors is scheduled for April 25 to consider the issuance of bonus equity shares.
PSP Projects: The company opened its qualified institution placement (QIP) issue on April 22. The floor price has been fixed at Rs. 682.59 per share.
Stocks in NEWS
Reliance Industries: The oil-telecom-to-retail major recorded net profit at Rs 21,243 crore for March FY24 quarter, growing 0.1 percent YoY, dented by higher tax cost. Gross revenue for the quarter at Rs 2,64,834 crore jumped 10.8 percent on-year, supported by double-digit growth in oil-to-chemical (O2C) and consumer business.
Tejas Networks: The wireline and wireless networking products maker has recorded consolidated net profit at Rs 146.8 crore for quarter ended March FY24, driven by healthy topline. The net loss in year-ago period was Rs 11.5 crore.
Hatsun Agro Product: The dairy company has reported a massive 109 percent on-year growth in net profit at Rs 52.2 crore for March FY24 quarter, driven by strong operating performance. Revenue from operations for the quarter grew by 14.4 percent to Rs 2,047 crore compared to same period last fiscal.
Patel Engineering: The construction engineering company has launched its qualified institutions placement (QIP) issue on April 22, with a floor price at Rs 59.50 per share, which is 5.3 percent discount to closing price of last trading session.
Hero MotoCorp: Arun Jaura has resigned as Chief Technology Officer (CTO) of the world's largest two-wheeler maker, with effect from April 30.
Ramdevbaba Solvent: The company will make its debut on the NSE Emerge on April 23. The issue price is Rs. 85 per share. Its equity shares will be available in the trade-for-trade surveillance segment.
Market Indication:
Global: FLAT to POSITIVE
NIFTY: FLAT to POSITIVE
BANKNIFTY: FLAT to POSITIVE
PCR:The Nifty Put Call ratio (PCR), which indicates the mood of the equity market, jumped to 1.14 on April 22, from 1.03 levels in the previous session.
BULK Deals: Justdial, ptc india etc.
Stocks In F&O Ban Period: Hindustan Copper, Biocon, Vodafone Idea, Piramal Enterprises, SAIL, and Zee Entertainment Enterprises
Results Today: Tata Consumer Products, Tata Elxsi, ICICI Prudential Life Insurance Company, Mahindra & Mahindra Financial Services, Mahindra EPC Irrigation, Multi Commodity Exchange of India, 360 ONE WAM, Cyient DLM, Huhtamaki India, LKP Securities, and NELCO
GIFT NIFTY: (Positive)
22391 +6.50 +0.03%
FII-DII: FIIs were net sellers of Rs.2915.23 crores whereas DIIs were net buyers of Rs.3542.93 crores in cash market for last trading session.
NIFTY (22336) The support for the Nifty is: 22236-22194-22125 and the Resistance to the up move is at: 22353-22413-22480 levels.
BANKNIFTY (47925): The support for BankNifty is: 47702-47580-47380 and the resistance to the up move is at 47972-48220-48420 levels.
23-APR-2024
Bulls on the ride-Break and sustain above 22350 is further upside -Till then sell on Rise
FLAT to POSITIVE
Today’s Market Prediction:
Indian stock market Would open FLAT
Technically, Nifty is in the Negative zone- BankNifty is in the Positive zone.
Nifty index formed Dragonfly Doji kind of candlestick pattern on the daily charts
India VIX fell by 5.62 percent to 12.70 levels.
Reliance Industries posts Q4 profit at Rs 21,243 crore
Macquarie introduces $1.5-billion India EV financing platform Vertelo
Wipro: Synchrony Global SDN BHD, the step-down subsidiary of the IT services company, has been voluntarily dissolved with effect from April 22.
Inox Wind: The company said the meeting of the board of directors is scheduled for April 25 to consider the issuance of bonus equity shares.
PSP Projects: The company opened its qualified institution placement (QIP) issue on April 22. The floor price has been fixed at Rs. 682.59 per share.
Stocks in NEWS
Reliance Industries: The oil-telecom-to-retail major recorded net profit at Rs 21,243 crore for March FY24 quarter, growing 0.1 percent YoY, dented by higher tax cost. Gross revenue for the quarter at Rs 2,64,834 crore jumped 10.8 percent on-year, supported by double-digit growth in oil-to-chemical (O2C) and consumer business.
Tejas Networks: The wireline and wireless networking products maker has recorded consolidated net profit at Rs 146.8 crore for quarter ended March FY24, driven by healthy topline. The net loss in year-ago period was Rs 11.5 crore.
Hatsun Agro Product: The dairy company has reported a massive 109 percent on-year growth in net profit at Rs 52.2 crore for March FY24 quarter, driven by strong operating performance. Revenue from operations for the quarter grew by 14.4 percent to Rs 2,047 crore compared to same period last fiscal.
Patel Engineering: The construction engineering company has launched its qualified institutions placement (QIP) issue on April 22, with a floor price at Rs 59.50 per share, which is 5.3 percent discount to closing price of last trading session.
Hero MotoCorp: Arun Jaura has resigned as Chief Technology Officer (CTO) of the world's largest two-wheeler maker, with effect from April 30.
Ramdevbaba Solvent: The company will make its debut on the NSE Emerge on April 23. The issue price is Rs. 85 per share. Its equity shares will be available in the trade-for-trade surveillance segment.
Market Indication:
Global: FLAT to POSITIVE
NIFTY: FLAT to POSITIVE
BANKNIFTY: FLAT to POSITIVE
PCR:The Nifty Put Call ratio (PCR), which indicates the mood of the equity market, jumped to 1.14 on April 22, from 1.03 levels in the previous session.
BULK Deals: Justdial, ptc india etc.
Stocks In F&O Ban Period: Hindustan Copper, Biocon, Vodafone Idea, Piramal Enterprises, SAIL, and Zee Entertainment Enterprises
Results Today: Tata Consumer Products, Tata Elxsi, ICICI Prudential Life Insurance Company, Mahindra & Mahindra Financial Services, Mahindra EPC Irrigation, Multi Commodity Exchange of India, 360 ONE WAM, Cyient DLM, Huhtamaki India, LKP Securities, and NELCO
GIFT NIFTY: (Positive)
22391 +6.50 +0.03%
FII-DII: FIIs were net sellers of Rs.2915.23 crores whereas DIIs were net buyers of Rs.3542.93 crores in cash market for last trading session.
NIFTY (22336) The support for the Nifty is: 22236-22194-22125 and the Resistance to the up move is at: 22353-22413-22480 levels.
BANKNIFTY (47925): The support for BankNifty is: 47702-47580-47380 and the resistance to the up move is at 47972-48220-48420 levels.
4/23/2024, 3:14:06 AM
**********************************
Note:
CHECK THE MARKET DIRECTION BEFORE YOU TRADE
WE ARE NOT ADVISORY or TIPS PROVIDERS
we are not SEBI registered . you may consult your Financial advisor before taking trade.
Our views are based on candlestick charts,patterns,Mathematical based calculation ( pivot)
we are not responsible for any profit/loss as views are for Educational/Observation Purpose
Maintain your daily risk as per your capital and risk management. daily risk should not cross more than 2 % of your Total capital . managing your risk is important in any kind of trading . If you are in direction of Profit then Trail your SL . without SL no trade.
If you are Trading in Equity : then you may use this calculation for risk management
If Daily Risk in Equity is Rs. 250 and SL is of 5 points ( from entry point to SL point) then Qty should be taken as per this Risk: 250/5 = Qty 50
Note:
CHECK THE MARKET DIRECTION BEFORE YOU TRADE
WE ARE NOT ADVISORY or TIPS PROVIDERS
we are not SEBI registered . you may consult your Financial advisor before taking trade.
Our views are based on candlestick charts,patterns,Mathematical based calculation ( pivot)
we are not responsible for any profit/loss as views are for Educational/Observation Purpose
Maintain your daily risk as per your capital and risk management. daily risk should not cross more than 2 % of your Total capital . managing your risk is important in any kind of trading . If you are in direction of Profit then Trail your SL . without SL no trade.
If you are Trading in Equity : then you may use this calculation for risk management
If Daily Risk in Equity is Rs. 250 and SL is of 5 points ( from entry point to SL point) then Qty should be taken as per this Risk: 250/5 = Qty 50
4/22/2024, 3:41:55 AM
Maintain your daily risk as per your capital and risk management. daily risk should not cross more than 2 % of your Total capital . managing your risk is important in any kind of trading . If you are in direction of Profit then Trail your SL . without SL no trade.
If you are Trading in Equity : then you may use this calculation for risk management
If Daily Risk in Equity is Rs. 250 and SL is of 5 points ( from entry point to SL point) then Qty should be taken as per this Risk: 250/5 = Qty 50
If you are Trading in Equity : then you may use this calculation for risk management
If Daily Risk in Equity is Rs. 250 and SL is of 5 points ( from entry point to SL point) then Qty should be taken as per this Risk: 250/5 = Qty 50
4/15/2024, 3:18:40 AM
MONDAY
15-APR-2024
Break and sustain above 22550 is further upside-Till then Sell on Rise
FLAT to NEGATIVE
Today’s Market Prediction:
Indian stock market Would open NEGATIVE
Technically, Nifty is in the Negative zone- BankNifty is in the Positive zone.
Nifty index formed a bearish candlestick pattern on the daily charts.
India VIX up by 3.82 percent to 11.53 levels.
Bitcoin down by 7.9% to $61,842
India's February IIP grows at 5.7% from 3.8% a month back
RBI may not hurry in cutting rates despite easing CPI inflation
India's retail inflation eases to a 10-month low of 4.85% in March
TCS Q4 net profit rises 9% to Rs 12,434 cr, firm declares final dividend of Rs 28 per share
Japan’s MUFG, SMBC weigh majority stake buyout in Yes Bank
Coforge: The IT services company has received approval from shareholders to raise funds via qualified institution placement (QIP).
Sun TV Network: The company will commence transmission of its new Hindi general entertainment channel SUN NEO worldwide on April 15.
Stocks in NEWS
Tata Consultancy Services: The country's largest IT services company has recorded a 9.1 percent on-year growth in net profit at Rs 12,434 crore for the quarter ended March FY24, beating analysts' estimates.
Anand Rathi Wealth: The wealth management company has recorded nearly 33 percent year-on-year growth in net profit at Rs 56.6 crore for the quarter ended March FY24 despite weak operating margin performance.
Mphasis: The IT solutions provider has signed a multi-year global strategic collaboration agreement (SCA) with Amazon Web Services (AWS). The collaboration will enable the launch of Gen AI Foundry, led by , for the financial services industry.
Aster DM Healthcare: The healthcare company has declared a special dividend of Rs 118 per share.
Reliance Power: As per the Business Transfer Agreement, the company has concluded the transfer of its 45 MW wind power project at Vashpet, Maharashtra, to JSW Renewable Energy (Coated) for Rs 132.39 crore.
Granules India: The US Food and Drug Administration (US FDA) has inspected the company’s Unit V facility at Visakhapatnam during April 8 and April 12, and concluded the said audit with Zero 483s.
Market Indication:
Global: FLAT to NEGATIVE
NIFTY: FLAT to NEGATIVE
BANKNIFTY: FLAT to NEGATIVE
PCR:The Nifty Put Call ratio (PCR), which indicates the mood of the equity market, fell to 0.87 on April 12, from 1.32 levels in the previous session.
BULK Deals: Tarmat limited etc.
Stocks In F&O Ban Period: GNFC, Metropolis Healthcare, Piramal Enterprises, Balrampur Chini Mills, Hindustan Copper, Vodafone Idea, India Cements, National Aluminium Company, and SAIL
Results Today: GTPL Hathway, Hathway Bhawani Cabletel & Datacom, Metalyst Forgings, Ontic Finserve, Rajoo Engineers, Hit Kit Global Solutions, Shekhawati Poly-Yarn, Atam Valves, and Sybly Industries
GIFT NIFTY: (Negative)
22452 -134.50 -0.60%
FII-DII: FIIs were net sellers of Rs.8207.00 crores whereas DIIs were net buyers of Rs.6341.53 crores in cash market for last trading session.
NIFTY (22519) The support for the Nifty is: 22498-22446-22360 and the Resistance to the up move is at: 22540-22721-22805 levels.
BANKNIFTY (48565): The support for BankNifty is: 48487-48391-48235 and the resistance to the up move is at 48600-48892-49047 levels.
**********************************
Note:
CHECK THE MARKET DIRECTION BEFORE YOU TRADE
WE ARE NOT ADVISORY or TIPS PROVIDERS
we are not SEBI registered . you may consult your Financial advisor before taking trade.
Our views are based on candlestick charts,patterns,Mathematical based calculation ( pivot)
we are not responsible for any profit/loss as views are for Educational/Observation Purpose
15-APR-2024
Break and sustain above 22550 is further upside-Till then Sell on Rise
FLAT to NEGATIVE
Today’s Market Prediction:
Indian stock market Would open NEGATIVE
Technically, Nifty is in the Negative zone- BankNifty is in the Positive zone.
Nifty index formed a bearish candlestick pattern on the daily charts.
India VIX up by 3.82 percent to 11.53 levels.
Bitcoin down by 7.9% to $61,842
India's February IIP grows at 5.7% from 3.8% a month back
RBI may not hurry in cutting rates despite easing CPI inflation
India's retail inflation eases to a 10-month low of 4.85% in March
TCS Q4 net profit rises 9% to Rs 12,434 cr, firm declares final dividend of Rs 28 per share
Japan’s MUFG, SMBC weigh majority stake buyout in Yes Bank
Coforge: The IT services company has received approval from shareholders to raise funds via qualified institution placement (QIP).
Sun TV Network: The company will commence transmission of its new Hindi general entertainment channel SUN NEO worldwide on April 15.
Stocks in NEWS
Tata Consultancy Services: The country's largest IT services company has recorded a 9.1 percent on-year growth in net profit at Rs 12,434 crore for the quarter ended March FY24, beating analysts' estimates.
Anand Rathi Wealth: The wealth management company has recorded nearly 33 percent year-on-year growth in net profit at Rs 56.6 crore for the quarter ended March FY24 despite weak operating margin performance.
Mphasis: The IT solutions provider has signed a multi-year global strategic collaboration agreement (SCA) with Amazon Web Services (AWS). The collaboration will enable the launch of Gen AI Foundry, led by , for the financial services industry.
Aster DM Healthcare: The healthcare company has declared a special dividend of Rs 118 per share.
Reliance Power: As per the Business Transfer Agreement, the company has concluded the transfer of its 45 MW wind power project at Vashpet, Maharashtra, to JSW Renewable Energy (Coated) for Rs 132.39 crore.
Granules India: The US Food and Drug Administration (US FDA) has inspected the company’s Unit V facility at Visakhapatnam during April 8 and April 12, and concluded the said audit with Zero 483s.
Market Indication:
Global: FLAT to NEGATIVE
NIFTY: FLAT to NEGATIVE
BANKNIFTY: FLAT to NEGATIVE
PCR:The Nifty Put Call ratio (PCR), which indicates the mood of the equity market, fell to 0.87 on April 12, from 1.32 levels in the previous session.
BULK Deals: Tarmat limited etc.
Stocks In F&O Ban Period: GNFC, Metropolis Healthcare, Piramal Enterprises, Balrampur Chini Mills, Hindustan Copper, Vodafone Idea, India Cements, National Aluminium Company, and SAIL
Results Today: GTPL Hathway, Hathway Bhawani Cabletel & Datacom, Metalyst Forgings, Ontic Finserve, Rajoo Engineers, Hit Kit Global Solutions, Shekhawati Poly-Yarn, Atam Valves, and Sybly Industries
GIFT NIFTY: (Negative)
22452 -134.50 -0.60%
FII-DII: FIIs were net sellers of Rs.8207.00 crores whereas DIIs were net buyers of Rs.6341.53 crores in cash market for last trading session.
NIFTY (22519) The support for the Nifty is: 22498-22446-22360 and the Resistance to the up move is at: 22540-22721-22805 levels.
BANKNIFTY (48565): The support for BankNifty is: 48487-48391-48235 and the resistance to the up move is at 48600-48892-49047 levels.
**********************************
Note:
CHECK THE MARKET DIRECTION BEFORE YOU TRADE
WE ARE NOT ADVISORY or TIPS PROVIDERS
we are not SEBI registered . you may consult your Financial advisor before taking trade.
Our views are based on candlestick charts,patterns,Mathematical based calculation ( pivot)
we are not responsible for any profit/loss as views are for Educational/Observation Purpose
4/15/2024, 3:18:40 AM
Maintain your daily risk as per your capital and risk management. daily risk should not cross more than 2 % of your Total capital . managing your risk is important in any kind of trading . If you are in direction of Profit then Trail your SL . without SL no trade.
If you are Trading in Equity : then you may use this calculation for risk management
If Daily Risk in Equity is Rs. 250 and SL is of 5 points ( from entry point to SL point) then Qty should be taken as per this Risk: 250/5 = Qty 50
If you are Trading in Equity : then you may use this calculation for risk management
If Daily Risk in Equity is Rs. 250 and SL is of 5 points ( from entry point to SL point) then Qty should be taken as per this Risk: 250/5 = Qty 50
4/15/2024, 3:18:34 AM
MONDAY
15-APR-2024
Break and sustain above 22550 is further upside-Till then Sell on Rise
FLAT to NEGATIVE
Today’s Market Prediction:
Indian stock market Would open NEGATIVE
Technically, Nifty is in the Negative zone- BankNifty is in the Positive zone.
Nifty index formed a bearish candlestick pattern on the daily charts.
India VIX up by 3.82 percent to 11.53 levels.
Bitcoin down by 7.9% to $61,842
India's February IIP grows at 5.7% from 3.8% a month back
RBI may not hurry in cutting rates despite easing CPI inflation
India's retail inflation eases to a 10-month low of 4.85% in March
TCS Q4 net profit rises 9% to Rs 12,434 cr, firm declares final dividend of Rs 28 per share
Japan’s MUFG, SMBC weigh majority stake buyout in Yes Bank
Coforge: The IT services company has received approval from shareholders to raise funds via qualified institution placement (QIP).
Sun TV Network: The company will commence transmission of its new Hindi general entertainment channel SUN NEO worldwide on April 15.
Stocks in NEWS
Tata Consultancy Services: The country's largest IT services company has recorded a 9.1 percent on-year growth in net profit at Rs 12,434 crore for the quarter ended March FY24, beating analysts' estimates.
Anand Rathi Wealth: The wealth management company has recorded nearly 33 percent year-on-year growth in net profit at Rs 56.6 crore for the quarter ended March FY24 despite weak operating margin performance.
Mphasis: The IT solutions provider has signed a multi-year global strategic collaboration agreement (SCA) with Amazon Web Services (AWS). The collaboration will enable the launch of Gen AI Foundry, led by , for the financial services industry.
Aster DM Healthcare: The healthcare company has declared a special dividend of Rs 118 per share.
Reliance Power: As per the Business Transfer Agreement, the company has concluded the transfer of its 45 MW wind power project at Vashpet, Maharashtra, to JSW Renewable Energy (Coated) for Rs 132.39 crore.
Granules India: The US Food and Drug Administration (US FDA) has inspected the company’s Unit V facility at Visakhapatnam during April 8 and April 12, and concluded the said audit with Zero 483s.
Market Indication:
Global: FLAT to NEGATIVE
NIFTY: FLAT to NEGATIVE
BANKNIFTY: FLAT to NEGATIVE
PCR:The Nifty Put Call ratio (PCR), which indicates the mood of the equity market, fell to 0.87 on April 12, from 1.32 levels in the previous session.
BULK Deals: Tarmat limited etc.
Stocks In F&O Ban Period: GNFC, Metropolis Healthcare, Piramal Enterprises, Balrampur Chini Mills, Hindustan Copper, Vodafone Idea, India Cements, National Aluminium Company, and SAIL
Results Today: GTPL Hathway, Hathway Bhawani Cabletel & Datacom, Metalyst Forgings, Ontic Finserve, Rajoo Engineers, Hit Kit Global Solutions, Shekhawati Poly-Yarn, Atam Valves, and Sybly Industries
GIFT NIFTY: (Negative)
22452 -134.50 -0.60%
FII-DII: FIIs were net sellers of Rs.8207.00 crores whereas DIIs were net buyers of Rs.6341.53 crores in cash market for last trading session.
NIFTY (22519) The support for the Nifty is: 22498-22446-22360 and the Resistance to the up move is at: 22540-22721-22805 levels.
BANKNIFTY (48565): The support for BankNifty is: 48487-48391-48235 and the resistance to the up move is at 48600-48892-49047 levels.
**********************************
Note:
CHECK THE MARKET DIRECTION BEFORE YOU TRADE
WE ARE NOT ADVISORY or TIPS PROVIDERS
we are not SEBI registered . you may consult your Financial advisor before taking trade.
Our views are based on candlestick charts,patterns,Mathematical based calculation ( pivot)
we are not responsible for any profit/loss as views are for Educational/Observation Purpose
15-APR-2024
Break and sustain above 22550 is further upside-Till then Sell on Rise
FLAT to NEGATIVE
Today’s Market Prediction:
Indian stock market Would open NEGATIVE
Technically, Nifty is in the Negative zone- BankNifty is in the Positive zone.
Nifty index formed a bearish candlestick pattern on the daily charts.
India VIX up by 3.82 percent to 11.53 levels.
Bitcoin down by 7.9% to $61,842
India's February IIP grows at 5.7% from 3.8% a month back
RBI may not hurry in cutting rates despite easing CPI inflation
India's retail inflation eases to a 10-month low of 4.85% in March
TCS Q4 net profit rises 9% to Rs 12,434 cr, firm declares final dividend of Rs 28 per share
Japan’s MUFG, SMBC weigh majority stake buyout in Yes Bank
Coforge: The IT services company has received approval from shareholders to raise funds via qualified institution placement (QIP).
Sun TV Network: The company will commence transmission of its new Hindi general entertainment channel SUN NEO worldwide on April 15.
Stocks in NEWS
Tata Consultancy Services: The country's largest IT services company has recorded a 9.1 percent on-year growth in net profit at Rs 12,434 crore for the quarter ended March FY24, beating analysts' estimates.
Anand Rathi Wealth: The wealth management company has recorded nearly 33 percent year-on-year growth in net profit at Rs 56.6 crore for the quarter ended March FY24 despite weak operating margin performance.
Mphasis: The IT solutions provider has signed a multi-year global strategic collaboration agreement (SCA) with Amazon Web Services (AWS). The collaboration will enable the launch of Gen AI Foundry, led by , for the financial services industry.
Aster DM Healthcare: The healthcare company has declared a special dividend of Rs 118 per share.
Reliance Power: As per the Business Transfer Agreement, the company has concluded the transfer of its 45 MW wind power project at Vashpet, Maharashtra, to JSW Renewable Energy (Coated) for Rs 132.39 crore.
Granules India: The US Food and Drug Administration (US FDA) has inspected the company’s Unit V facility at Visakhapatnam during April 8 and April 12, and concluded the said audit with Zero 483s.
Market Indication:
Global: FLAT to NEGATIVE
NIFTY: FLAT to NEGATIVE
BANKNIFTY: FLAT to NEGATIVE
PCR:The Nifty Put Call ratio (PCR), which indicates the mood of the equity market, fell to 0.87 on April 12, from 1.32 levels in the previous session.
BULK Deals: Tarmat limited etc.
Stocks In F&O Ban Period: GNFC, Metropolis Healthcare, Piramal Enterprises, Balrampur Chini Mills, Hindustan Copper, Vodafone Idea, India Cements, National Aluminium Company, and SAIL
Results Today: GTPL Hathway, Hathway Bhawani Cabletel & Datacom, Metalyst Forgings, Ontic Finserve, Rajoo Engineers, Hit Kit Global Solutions, Shekhawati Poly-Yarn, Atam Valves, and Sybly Industries
GIFT NIFTY: (Negative)
22452 -134.50 -0.60%
FII-DII: FIIs were net sellers of Rs.8207.00 crores whereas DIIs were net buyers of Rs.6341.53 crores in cash market for last trading session.
NIFTY (22519) The support for the Nifty is: 22498-22446-22360 and the Resistance to the up move is at: 22540-22721-22805 levels.
BANKNIFTY (48565): The support for BankNifty is: 48487-48391-48235 and the resistance to the up move is at 48600-48892-49047 levels.
**********************************
Note:
CHECK THE MARKET DIRECTION BEFORE YOU TRADE
WE ARE NOT ADVISORY or TIPS PROVIDERS
we are not SEBI registered . you may consult your Financial advisor before taking trade.
Our views are based on candlestick charts,patterns,Mathematical based calculation ( pivot)
we are not responsible for any profit/loss as views are for Educational/Observation Purpose
4/15/2024, 3:18:34 AM