Today, the NIFTY opened at 17566 with a gap of 41points. The index did not sustain at the higher levels and drifted downwards after recording its intraday high at the opening tick. Prices have seen a decline of more than 100 points and then found support around 17450. The index recorded its intraday low at 17442.80 and then rallied almost 100 points. However, prices moved sideways after trading a tight narrow range and finally closed at 17534.75 near the previous day’s closing price with a gain of just 9.65 points or 0.06% up. METAL continued its outperformance and ended with a gain of 1.62%. IT underperformed today and ended lower by 0.89%, BANK, Financial ended almost on a flat note today. A gap-up opening did not sustain today. However, prices did not move much and remained inside a narrow range of just 124 points. This narrow range suggests a wide range of days are ahead. The short-term trend is up as the index is making a bullish pattern of higher highs and higher lows. Support is now visible around the 17150 – 17200 zone while resistance should emerge around 17700. Tomorrow, Weekly F&O Expiry is scheduled so we may see higher volatility. As of now, we should look for buying opportunities only as far as the index is trading above 17400.


Today, the BANK NIFTY opened at 38298.85 with a gap of just 52 points. The index recorded its intraday low at 38155.30 in its initial trades and moved up. Soon prices face resistance and turned down but rallied again after a few minutes and recorded their intraday high at 38402.95. The index spent the rest of the day within these highs and lows and finally closed at 38277 with a gain of just 31points. PSU BANKS have underperformed today and closed lower by 0.46%. PVT BANKS have outperformed today and ended with a gain of 0.54%. Within the index, in terms of points, ICICIBANK contributed the highest on the upside while SBIN contributed the lowest. It was a narrow range day in the index where prices have moved very volatile within a range of just 247 points and ended almost on a flat note when compared to the previous day’s closing price.


BEL 287.4 BUY Long term trend of the stock is up and the recent price gave a breakout towards the upside. One should buy above 288 for the target of 295 with SL of 283.
ONGC 133.8 SELL Short term trend of the stock is down and now it showing some selling pressure after a sharp upside rally. One should sell below 133.45 for the target of 131.55 with SL of 134.7.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
ONGC (PE) 130 BUY 3.90 CMP 3.30 5 BREAKDOWN
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
TATACHEM.22.08 Aug 1079.4 12.17 37.3 7233000 MOTHERSON.22.08 Aug 121.55 -5.3 4.13 43416000
CUB.22.08 Aug 176.85 8.8 22.57 6355000 MRF.22.08 Aug 83085.85 -5.24 12.93 76170
HINDALCO.22.08 Aug 437.9 4.5 12.77 28632625 ABBOTINDIA.22.08 Aug 19673.15 -3.63 0.2 39160
POLYCAB.22.08 Aug 2427.65 2.58 5.57 1006800 IPCALAB.22.08 Aug 982.25 -3.19 4.8 851500
SAIL.22.08 Aug 80.35 2.49 2.99 98796000 DALBHARAT.22.08 Aug 1562.9 -3 1.21 1380000
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
IGL.22.08 Aug 381.15 5.79 -6.14 11554125 BALRAMCHIN.22.08 Aug 331.9 -6.19 -11.43 7812800
NMDC.22.08 Aug 116.2 2.56 -4.45 79606050 GRANULES.22.08 Aug 301.95 -4.29 -0.15 13420000
ESCORTSKUBOTALIMIT2 1660.75 2.52 -5.91 2468950 PERSISTENT.22.08 Aug 3655.55 -3.4 -8.04 505950
RAIN.22.08 Aug 197.2 2.23 -1.54 10535000 INDIAMART.22.08 Aug 4397.8 -2.2 -3.4 238650
GUJGASLTD.22.08 Aug 452.9 2.22 -9.43 4432500 ASTRAL.22.08 Aug 1942.15 -2 -9.11 600875

Top Delivery Percentage

Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Crompton Greaves Consume 370.6 -1.25 985498 558366 78.5 Nifty50 17534.75 0.06 31743678
Rec Limited 133.6 0.11 2784496 1575610 62.01 Niftybank 38287.85 0.13 14538730
United Breweries Limited 1639.65 2.05 202801 68709 58.99 Nifty it 29701.15 -0.89 907950
Max Financial Services l 779.5 -1.94 322450 141730 58.76 India Vix 19.59 1.5 2.81E+08
Ambuja Cements Ltd 380.05 -0.04 4144801 2899942 58.45 Nifty Fmcg 42821.6 -0.37 348089
Power Finance Corporatio 118.35 0.55 3175114 1436381 54.87 Nifty Pharma 12950.7 0.08 42903888
The Ramco Cements 755.25 0.02 311893 113460 53.78 Nifty Realty 434.8 -0.87 1.27E+09
Abbott India Limited 19604.2 -3.43 25672 8867 52.84 Nifty Auto 12951.65 0.18 42974795
Syngene 577.8 0.29 375979 132118 52.02 Nifty Metal 5759.6 1.62 96902421
Whirlpool 1794.45 -0.44 419147 168474 51.84 Nifty Financial Services 17699.1 0.01 4915093


   Domestic                                                                                                                                                  International
INR:  Trade Balance on 12th August, 2022

INR: CPI (YoY) (Jul) on 12th August, 2022

 USD : PPI (MoM) (Jul) on 11th August, 2022

USD : Initial Jobless Claims on 11th August, 2022


  • Indian Railway Catering and Tourism Corporation on Wednesday reported 196% surge in net profit at Rs 246 crore for the quarter ending June 30, 2022. It reported net profit of Rs 82.5 crore in the year-ago period. The company’s revenue from operations rose 251% to Rs 853 crore in Q1FY23 from Rs 243 crore in Q1FY22.

  • The Reserve Bank of India on Wednesday issued detailed guidelines that will increase scrutiny and supervision over digital lending apps and lenders who engage with them, after several complaints of malpractice against such apps. Only regulated entities such as banks and shadow banks will be allowed to disburse and collect re-payments on loans, and this will not be left to third parties, the central bank said.

  • Hindalco Industries Limited, the Aditya Birla Group metals flagship, on Wednesday reported its highest consolidated net profit at Rs 4,119 crore, rising 48 per cent YoY, for the quarter ended 30 June, 2022. The company had posted a profit of Rs 2,787 crore in the year-ago period. Post declaration of results, Hindalco’s shares rose 4.73 per cent to Rs 441.40 against the previous close of Rs 421.45 on BSE. The stock is trading higher than the 5-day, 20-day and 50-day moving averages but lower than 100-day and 200-day moving averages.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
21STCENMGM Quarterly Results 11-Aug-22 BHARATFORG Quarterly Results 11-Aug-22
AAIL Quarterly Results;Final Dividend 11-Aug-22 BIBCL General;Quarterly Results 11-Aug-22
ABANSENT General;Quarterly Results 11-Aug-22 BIL Quarterly Results 11-Aug-22
ABCINDQ A.G.M.;Quarterly Results 11-Aug-22 BINANIIND Quarterly Results 11-Aug-22
ACCEL Quarterly Results 11-Aug-22 BLBLIMITED Quarterly Results 11-Aug-22
ADARSH Quarterly Results 11-Aug-22 BOMOXY-B1 Quarterly Results 11-Aug-22
ADORWELD General;Quarterly Results 11-Aug-22 BPL Quarterly Results 11-Aug-22
AGIOPAPER Quarterly Results 11-Aug-22 CATECH Quarterly Results 11-Aug-22
AJEL Quarterly Results 11-Aug-22 CENTRUM Quarterly Results 11-Aug-22
ALICON Quarterly Results 11-Aug-22 CGVAK A.G.M.;General;Quarterly Results 11-Aug-22
ALPSINDUS Quarterly Results 11-Aug-22 CHEMTECH Quarterly Results 11-Aug-22
AMARJOTHI General;Quarterly Results 11-Aug-22 CHEVIOT Quarterly Results 11-Aug-22
APOLLOHOSP General;Quarterly Results 11-Aug-22 CHORDIA Quarterly Results 11-Aug-22
ARTEMISMED Quarterly Results 11-Aug-22 CINERAD General;Quarterly Results 11-Aug-22
ASFLORA Quarterly Results 11-Aug-22 COSYN Quarterly Results 11-Aug-22
ASTERDM Quarterly Results 11-Aug-22 CROISSANCE Quarterly Results 11-Aug-22
ASUTENT Quarterly Results 11-Aug-22 DECNGOLD Quarterly Results 11-Aug-22
AUROPHARMA Quarterly Results 11-Aug-22 DELTAMAGNT Quarterly Results 11-Aug-22
BAFNAPHARM Quarterly Results 11-Aug-22 DEVITRD Quarterly Results 11-Aug-22
BALPHARMA Quarterly Results 11-Aug-22 DSINVEST A.G.M.;General;Quarterly Results 11-Aug-22
BASML Quarterly Results 11-Aug-22 EMMSONS Quarterly Results 11-Aug-22
BATAINDIA Voluntary Delisting of Shares;Quarterly Results 11-Aug-22 ESHAMEDIA Quarterly Results 11-Aug-22
BCPL General;Quarterly Results 11-Aug-22 EUROLED Quarterly Results 11-Aug-22
BDH Quarterly Results 11-Aug-22 EXPLEOSOL Quarterly Results 11-Aug-22
BENGALS Quarterly Results 11-Aug-22 GAEL Quarterly Results 11-Aug-22



Company Name Ex-Date Purpose Company Name Ex-Date Purpose
ADVENZYMES 11-Aug-22 Final Dividend Rs.1 JUBLPHARMA 11-Aug-22 Final Dividend Rs.5
AJMERA 11-Aug-22 Final Dividend Rs.  2.25 KOTAKBANK 11-Aug-22 Dividend Rs.1.1
ASTRAMICRO 11-Aug-22 Final Dividend Rs.  1.40 KPRMILL 11-Aug-22 Final Dividend Rs.0.15
BALKRISIND 11-Aug-22 Int. Dividend MGL 11-Aug-22 Final Dividend Rs.15.50
BIRET 11-Aug-22 Income Dist. RITES MINDSPACE 11-Aug-22 Income Dist. RITES
COALINDIA 11-Aug-22 Final Dividend Rs.3 NAHARCAP 11-Aug-22 Final Dividend Rs.1.5
DIVISLAB 11-Aug-22 Dividend Rs.  30 NAHARPOLY 11-Aug-22 Final Dividend Rs.2.5
DIXON 11-Aug-22 Final Dividend Rs.2 NAHARSPING 11-Aug-22 Final Dividend Rs.2
EMAMIPAP 11-Aug-22 Dividend Rs.1.6 NCC 11-Aug-22 Dividend Rs.2
ENDURANCE 11-Aug-22 Final Dividend Rs.  6.25 PATINTLOG 11-Aug-22 Final Dividend Rs.0.1
FINEORG 11-Aug-22 Final Dividend Rs.  9 POBS 11-Aug-22 Final Dividend Rs.  1
GRPLTD 11-Aug-22 Dividend Rs.9 RAIN 11-Aug-22 Int. Dividend Rs.1
HESTERBIO 11-Aug-22 Dividend Rs.10 RAJPALAYAM 11-Aug-22 Dividend Rs.  1
HINDALCO 11-Aug-22 Dividend Rs.4 SHREYANIND 11-Aug-22 Final Dividend Rs.2
IEX 11-Aug-22 Final Dividend Rs.1 SHRIDINE 11-Aug-22 Final Dividend Rs.  7.5
INDUSINDBK 11-Aug-22 Dividend Rs.8.5 SUNILAGR 11-Aug-22 Dividend Rs.0.50
IOC 11-Aug-22 Final Dividend Rs.  2.40 TALBROSENG 11-Aug-22 Final Dividend Rs.2
IPL 11-Aug-22 Final Dividend Rs.  0.75 TIMKEN 11-Aug-22 Final Dividend Rs.1.5
JAMNAAUTO 11-Aug-22 Final Dividend Rs.1 TRITURBINE 11-Aug-22 Final Dividend Rs.0.85
JTEKTINDIA 11-Aug-22 Final Dividend Rs.  0.40 TRITURBINE 11-Aug-22 Spl. Dividend Rs.0.70

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