The NIFTY opened at 18402.15 with a gap down of 94 points. Prices continued moving lower after the opening but soon found support and bounced up. Prices have recorded its intraday low at 18345.70 and then started moving higher. Soon the index recovered from all the losses but did not go further above and started a consolidation process. The index recorded its intraday high at 18521.55 saw a minor dip and then a gain surge towards the end to finally close at 18497.15 without any change. All the sectoral indices have closed high except IT and PHARMA which ended with minor losses. OIL GAS outperformed today by ending over 1% higher followed by REALTY. The short-term trend is sideways now which was up before. A sharp dip today found support before reaching the 18300 level. For the time being, we should avoid trading the index and wait for an adequate setup to emerge.


The BANK NIFTY opened at 43455.85 with a gap down of 172 points. The index moved further on the downside but soon bounced up after recording its intraday low at 43378.80. Prices have seen a sharp upside move, filled the gap, and then went into a consolidation process. The index spent the rest of the day by moving sideways, recorded its intraday high at 43767.05, and finally closed at 43675.10 with a gain of 48 points. PSU BANKS have outperformed today and closed with a gain of 1.40%. PVT BANKS have also moved up today but ended with a gain of just 0.29%. Within the index, in terms of points, HDFC BANK contributed the highest on the upside while KOTAK BANK contributed the lowest. It was a trend day today on the upside where prices have recorded its intraday low near the opening tick and intraday high near the closing tick. The intraday range was very narrow today. The short-term trend is still up as the index is trading near its swing highs. We should look for buying only as far as prices are trading above the support levels on an intraday basis only. For carry-forward trades, we should wait for a fresh pattern to emerge.


COAL INDIA 232.40 BUY The stock has given a breakout on the intraday as well as the daily chart. The stock can be bought at CMP with a stop loss of 231.45 and a target of 234.80.
SRF 2336.10 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold below 2326.05 with a stop loss of 2344.55 and a target of 2289.05.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
ONGC 142.50 CE BUY 3.70 CMP 3 5.10 BREAKOUT
Long Buildup Short Buildup
Stocks Price Price% OI % OI   Stocks Price Price% OI % OI
HONAUT.22.12 Dec 43735.1 4.66 12.95 39105 NAVINFLUOR.22.12 Dec 4245.65 -3.3 12.09 488250
HINDPETRO.22.12 Dec 253.05 4.65 12.25 23230800 GODREJCP.22.12 Dec 900.45 -2.96 11.2 5312000
DALBHARAT.22.12 Dec 1925.4 3.76 24.75 1693500 METROPOLIS.22.12 Dec 1387.9 -2.8 13.6 1057800
BPCL.22.12 Dec 351.2 3.31 4.77 18844200 GLENMARK.22.12 Dec 427.6 -2.5 7.07 5868450
POLYCAB.22.12 Dec 2828 3.22 10.73 947400 DIXON.22.12 Dec 4030 -2.34 5.95 614000
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
PNB.22.12 Dec 58.4 3.09 -5.01 199792000 MOTHERSON.22.12 Dec 72.8 -0.88 -1.14 88607250
RBLBANK.22.12 Dec 156 2.3 -0.48 41140000 MCDOWELL-N.22.12 Dec 938.2 -0.63 -0.18 15861250
CHAMBLFERT.22.12Dec 314.85 2.26 -1.77 7764000 IDEA.22.12 Dec 8 -0.62 -0.25 512540000
INDIACEM.22.12 Dec 247.8 1.93 -0.96 16437200 DELTACORP.22.12 Dec 223.45 -0.56 -1.1 17017700
COALINDIA.22.12 Dec 234.2 1.87 -2.52 26271000 IEX.22.12 Dec 145.3 -0.31 -0.89 49826250


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Hdfc Ltd. 2685.75 0.51 3387144 0 78.42 Nifty50 18497.15 0 104481
Hdfc Bank Ltd. 1643.75 0.78 7217404 0 74.71 Niftybank 43708.75 0.17 104421
Icici Bank Ltd. 930.3 0.04 8493863 0 73.84 Nifty it 29050.5 -0.4 104421
Info Edge (india) Limite 4049.95 0.87 529180 0 73.64 India Vix 13.32 -1.21 104691
Hdfc Life Insurance Comp 576.5 -0.53 1747003 0 72.66 Nifty Fmcg 46215.2 0.12 104421
The Ramco Cements 732.6 0.34 551511 0 71.5 Nifty Pharma 12758.05 -0.13 104421
Havells India Limited 1167 -1.27 589078 0 71.18 Nifty Realty 449.6 0.46 104421
Britannia Ind Ltd. 4432.55 0.5 233360 0 69.53 Nifty Auto 12874.35 0.04 104418
Icici Prudential Life In 450.9 -1.3 3598421 0 67.9 Nifty Metal 6708.15 0.4 104418
Reliance Industries Ltd 2613.1 0.15 4374946 0 67.24 Nifty Financial Services 19313.8 0.12 104421


   Domestic                                                                                                                                                  International
INR: WPI Inflation (YoY) (Nov) on 14th December, 2022

INR: Trade Balance on 15th December, 2022

 USD: CPI (YoY) (Nov) on 13th  December, 2022

USD: Crude Oil Inventories on 14th  December, 2022


  • Indian benchmark indices ended marginally lower in the volatile session on December 12.At Close, the Sensex was down 51.10 points or 0.08% at 62,130.57, and the Nifty was up 0.60 points at 18,497.20. About 1787 shares have advanced, 1688 shares declined, and 194 shares are unchanged.

  • Shares of wastewater treatment company VA Tech Wabag hit a 52-week high on December 12, after the company announced that its European subsidiary has bagged a repeat order contract worth Rs 260 crores (EUR 30 Million) from Purolite S.R.L to upgrade its Industrial Wastewater Treatment Plant (WWTP) in Romania.

  • The initial public offering of Sula Vineyards, the leading wine producer in India, has garnered bids for 30.33 lakh equity shares against IPO size of 1.88 crore shares, getting subscribed 16 percent on December 12, the first day of bidding.

  • Tanla will buyback 14,16,666 equity shares at an offer price of Rs 1,200 per equity share, which represents 1.04% of the total equity shares in the existing total paid-up equity share capital of the company as of March 31, 2022

Source: Economic Times,  Indian Express, Business Today, Livemint, Business Standard, Bloomberg Quint


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
AMNPLST General 13-Dec-22 ZODJRDMKJ General 14-Dec-22
EFCIL General 13-Dec-22 AANCHALISP General 15-Dec-22
GRANDMA Quarterly Results 13-Dec-22 ANKITMETAL General 15-Dec-22
PAYTM Buy Back of Shares 13-Dec-22 HIMATSEIDE General 15-Dec-22
PBAINFRA General 13-Dec-22 PRERINFRA Increase in Authorised Capital 15-Dec-22
PIXTRANS General 13-Dec-22 TIL Quarterly Results 15-Dec-22
VIVANTA General 13-Dec-22 ADVANIHOTR Interim Dividend;General 16-Dec-22
WEBSL General 13-Dec-22 EVANS Increase in Authorised Capital;General 16-Dec-22
AMAL Right Issue of Equity Shares 14-Dec-22 JAIHINDS General 16-Dec-22
DIAPOWER Quarterly Results 14-Dec-22 MURUDCERA Issue Of Warrants 16-Dec-22
GLCL Bonus issue 14-Dec-22 SHREESEC Stock  Split 16-Dec-22
KAMATHOTEL Issue Of Warrants;Preferential Issue of shares 14-Dec-22 KBSINDIA Stock  Split 17-Dec-22
KSERASERA General 14-Dec-22 RDBRIL Scheme of Arrangement 17-Dec-22
MFSINTRCRP Quarterly Results 14-Dec-22 SBC Buy Back of Shares 19-Dec-22
MKEXIM General 14-Dec-22 PIFL General 21-Dec-22
SBIN General 14-Dec-22 RHETAN Bonus issue;Increase in Authorised Capital;General;Stock  Split 21-Dec-22
SICAPIT General 14-Dec-22 KSOLVES Quarterly Results 15-Jan-23
TIJARIA General 14-Dec-22 COFORGE Interim Dividend;Quarterly Results 20-Jan-23


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
COSMOFIRST 13-Dec-22 Buy Back of Shares STARHFL 16-Dec-22 Stock  Split From Rs.10/- to Rs.5/-
ALSTONE 14-Dec-22 Bonus issue 9:1 STCORP 16-Dec-22 Stock  Split From Rs.10/- to Rs.2/-
ALSTONE 14-Dec-22 Stock  Split From Rs.10/- to Rs.1/- THAMBBI 16-Dec-22 Right Issue of Equity Shares
TELESYS 14-Dec-22 E.G.M. SHAWGELTIN 19-Dec-22 Special Dividend – Rs. – 100.0000
BAROEXT 15-Dec-22 E.G.M. PRATIK 20-Dec-22 Reduction of Capital
PTC 15-Dec-22 Final Dividend – Rs. – 5.8000 SARTHAKIND 20-Dec-22 Bonus issue 1:3
RCF 15-Dec-22 Final Dividend – Rs. – 2.5000 TEXMOPIPES 21-Dec-22 E.G.M.
RCF 15-Dec-22 Interim Dividend – Rs. – 1.6000 ORCHIDPHAR 22-Dec-22 E.G.M.
SUKHJITS 15-Dec-22 Interim Dividend – Rs. – 8.0000 PRECWIRE 22-Dec-22 Bonus issue 1:2
APCL 16-Dec-22 Right Issue of Equity Shares QUINT 22-Dec-22 Right Issue of Equity Shares
CLEDUCATE 16-Dec-22 Bonus issue 1:1 LAFFANSQ 23-Dec-22 E.G.M.
GLOSTERLTD 16-Dec-22 Bonus issue 1:1 NATHIND 23-Dec-22 E.G.M.
LANCER 16-Dec-22 Stock  Split From Rs.10/- to Rs.5/- SAGARPROD 23-Dec-22 E.G.M.
STARHFL 16-Dec-22 Bonus issue 1:1 TRIVIKRAMA 23-Dec-22 E.G.M.

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