Morning Outlook 12-08-2021


The NIFTY opened at 17711.65 with a big gap of 177 points. The index did not move up and started drifting downwards after recording its intraday high at 17719.30. The decline was mild and the momentum was fragile but prices did not see any recovery. The index kept on moving downwards and recorded its intraday low at 17631.95. The intraday range was very narrow today and prices have finally closed at 17659 near its day low with a gain of 124.25 points or 0.71%. BANK, FINANCIAL, and IT outperformed today and ended with more than a 1.50% gain. FMCG underperformed today and ended with a loss of nearly 1%.METAL ended almost on a flat note today. We were long in the index around 17480 and for today, we have suggested staying long with a stop just below 17400 and a target around 17720. The NIFTY did not touch either level so our trade remained intact. However, in the morning, prices almost reached the target but missed a few decimal points. In such cases, traders can plan their exit when the targets are in the range of a few points. But, since our target level, 17720, did not come today, we are still in this trade. Moreover, prices have moved in our favor so we should now raise our stop along with a stop at 17580 and a target at 17720.


The BANK NIFTY opened at 38712.95 with a big gap up of 435 points. The index initially went lower but quickly found support and bounced up after recording its intraday low at 38648.90. Prices have moved up sharply, reached 38900, and then face strong resistance there for the rest of the day. The index recorded its intraday high at 38932.10 and finally closed at 38835.00 with a gain of 558 points. PSU BANKS have outperformed today and closed higher by 2.38%. PVT BANKS have also moved up and ended with a gain of 1.39%. Within the index, in terms of points, INDUSIND BANK contributed the highest on the upside while BANDHAN BANK contributed the lowest. We were long in the index around 38250 and for today, we have suggested staying long with a stop at 37950 and a target at 39050. The index did not touch either level so our trade is intact. Prices have moved in our favor today so we should now raise our stop loss. We are recommending traders to stay long with a stop at 38600 and a target at 39050. The short-term trend is up and we should look for buying only. A gap-up opening was sustained today and prices have added more during the day.


NAUKRI 3422.5 BUY Long term trend of the stock is up and the recent price gave a breakout towards the upside. One should buy above 3426 for the target of 3449 with SL of 3411.
TATA CONSUMERS 773.45 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 771.6 for the target of 758 with SL of 780.



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
MGL.22.08 Aug 866 8.15 16.66 4107200 ABBOTINDIA.22.08 Aug 18953.2 -3.66 3.78 40640
IGL.22.08 Aug 410 7.57 5 12131625 PVR.22.08 Aug 2067 -3.22 4.51 2660152
ZYDUSLIFE.22.08 Aug 384 5.09 0.73 13429800 TATACONSUM.22.08 Aug 774.85 -2.46 12.4 10501200
ABFRL.22.08 Aug 292.85 5.04 1.4 12217400 GNFC.22.08 Aug 747.8 -2.24 5.87 4618900
PEL.22.08 Aug 1917.15 4.95 5.51 4553175 APOLLOHOSP.22.08 Aug 4429 -2.05 3.04 1881375
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
CUMMINSIND2208Aug 1244.45 6.37 -5.78 3267000 METROPOLIS.22.08 Aug 1495 -1.64 -0.96 865800
IPCALAB.22.08 Aug 1019 3.74 -2.82 827450 NTPC.22.08 Aug 154.35 -1.44 -5.18 59012100
LUPIN.22.08 Aug 697.15 3.56 -0.62 9597350 AARTIIND.22.08 Aug 815.6 -1.11 -7.08 3493500
TORNTPWER2208Aug 557.85 2.76 -3.31 3153000 ZEEL.22.08 Aug 247.95 -1.04 -0.14 71217000
ABCAPITAL.22.08 Aug 109.05 2.73 -2.04 20239200 TVSMOTOR.22.08 Aug 955.15 -0.88 -1.41 8631000

Top Delivery Percentage

Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Indian Oil Corp. Ltd. 70.95 -2.14 16670368 0 77.13 Nifty50 17659 0.71 75903
Hdfc Bank Ltd. 1485.7 1.32 9150615 0 72.75 Niftybank 38879.85 1.55 75903
Tata Consultancy Serv Lt 3422.5 2.03 1449109 0 71.23 Nifty it 30233.7 1.79 75903
Ambuja Cements Ltd 380.2 0.04 2409452 0 69.97 India Vix 18.36 -6.3 75903
Hcl Technologies Ltd. 962.35 1.08 3594568 0 69.64 Nifty Fmcg 42478.5 -0.8 75903
Alkem 2974.9 0.55 200164 0 69.5 Nifty Pharma 13014.2 0.49 75903
Bata India Ltd. 1914 1.74 931486 0 68.2 Nifty Realty 440.4 1.29 75903
Larsen & Toubro Limited 1867.15 0.65 1917919 0 66.07 Nifty Auto 12923.55 -0.22 75903
Voltas Ltd. 989.55 1.6 1549710 0 64.88 Nifty Metal 5758.85 -0.01 75903
Icici Lombard General In 1240.95 0.84 519958 0 64.85 Nifty Financial Services 17977.4 1.57 75903


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

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

 USD : Import Price Index (MoM) (Jul) on 12th August, 2022

USD : Export Price Index (MoM) (Jul) on 12th August, 2022


  • Adani Enterprises Ltd. plans to invest $5.2 billion in setting up an alumina refinery in the eastern Indian state of Odisha, as Gautam Adani, Asia’s richest man, adds one more business to his rapidly-expanding empire. The flagship company of the Adani Group got the approval to build the refinery and a captive power plant in Rayagada for an investment of 416.53 billion rupees ($5.2 billion), according to a Twitter post on Wednesday by the office of the State’s Chief Minister, Naveen Patnaik.

  • Reliance Industries Ltd. invested $9.3 billion or Rs 73,764 crore outside its non-core businesses as billionaire Mukesh Ambani’s conglomerate continues expand footprint. The company invested a combined Rs 30,000 crore in Reliance 4IR Realty Development Ltd. and Reliance Projects & Property Management Services Ltd. Total investments in all businesses stood at Rs 2.86 lakh crore in the last fiscal. That compares with Rs 2.12 lakh crore in the previous financial year.

  • ICICI Bank on Thursday joined the elite club of Rs 6 trillion market-cap with shares hitting a record high. The lender became the seventh Indian stock to hit such a milestone. Shares of ICICI Bank hit an all-time high of Rs 866.15 on BSE with market-cap of Rs 6.01 trillion. The stock surged nearly 17% so far this year.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
1STCUS Quarterly Results 12-Aug-22 AKSHAR Quarterly Results 12-Aug-22
7NR Quarterly Results 12-Aug-22 AKSPINTEX Quarterly Results 12-Aug-22
AADIIND Quarterly Results 12-Aug-22 ALFREDHE Quarterly Results 12-Aug-22
AAYUSH Quarterly Results 12-Aug-22 ALPINEHOU Quarterly Results 12-Aug-22
ABHISHEK Quarterly Results 12-Aug-22 ALSTONE Quarterly Results 12-Aug-22
ABMKNO Quarterly Results 12-Aug-22 AMITINT Quarterly Results 12-Aug-22
ACESOFT Quarterly Results 12-Aug-22 AMNPLST A.G.M.;Quarterly Results 12-Aug-22
ACFL Quarterly Results 12-Aug-22 AMRUTANJAN Quarterly Results 12-Aug-22
ACIIN Quarterly Results 12-Aug-22 ANDREWYU A.G.M.;Quarterly Results 12-Aug-22
ADCON Quarterly Results 12-Aug-22 ANJANI General;Quarterly Results 12-Aug-22
ADINATH Quarterly Results 12-Aug-22 ANJANIFOODS A.G.M.;Stock  Split;General;Quarterly Results 12-Aug-22
ADITYA Quarterly Results 12-Aug-22 ANSALAPI Quarterly Results 12-Aug-22
ADORFO General;Quarterly Results 12-Aug-22 ANUPAM Quarterly Results 12-Aug-22
ADORMUL General;Quarterly Results 12-Aug-22 APOLLO General;Quarterly Results 12-Aug-22
ADSDIAG General;Quarterly Results 12-Aug-22 APOLLOTYRE General;Quarterly Results 12-Aug-22
ADVIKLA Quarterly Results 12-Aug-22 AQFINTECH Quarterly Results 12-Aug-22
ADVLIFE Quarterly Results 12-Aug-22 AREXMIS A.G.M.;Quarterly Results 12-Aug-22
ADVMULT Quarterly Results 12-Aug-22 ARNOLD Quarterly Results 12-Aug-22
ADVPETR-B Quarterly Results 12-Aug-22 ARUNAHTEL General;Quarterly Results 12-Aug-22
AEGISLOG Interim Dividend;Quarterly Results 12-Aug-22 ARVSMART Quarterly Results 12-Aug-22
AEL Quarterly Results 12-Aug-22 ARYAVAN Quarterly Results 12-Aug-22
AFEL Quarterly Results 12-Aug-22 ASHCAP Quarterly Results 12-Aug-22
AGRITECH Quarterly Results 12-Aug-22 ASHISHPO Quarterly Results 12-Aug-22
AHLUCONT A.G.M.;Quarterly Results 12-Aug-22 ASHOKALC Quarterly Results 12-Aug-22
AIMCOPEST A.G.M.;Quarterly Results 12-Aug-22 ASIACAP General;Quarterly Results 12-Aug-22


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
AVTNPL 12-Aug-22 Final Dividend Rs. 0.6 LGBBROSLTD 17-Aug-22 Dividend Rs.15
BDH 12-Aug-22 Final Dividend Rs.3.6 MARALOVER 17-Aug-22 Dividend Rs.2
BRIGHTBR 12-Aug-22 Final Dividend Rs.5 RECLTD 17-Aug-22 Bonus issue 1:3
CAMS 12-Aug-22 Int. Dividend RELAXO 17-Aug-22 Final Dividend Rs.2.5
COMPUSOFT 12-Aug-22 Dividend Rs.0.40 SHIVAMILLS 17-Aug-22 Final Dividend Rs.1.2
EICHERMOT 12-Aug-22 Final Dividend Rs.21 STARTECK 17-Aug-22 Final Dividend Rs.0.25
FIEMIND 12-Aug-22 Final Dividend Rs.  20 YSL 17-Aug-22 Final Dividend Rs.200
IRB 12-Aug-22 Int. Dividend APOLLOHOSP 18-Aug-22 Dividend Rs.  11.75
JBCHEPHARM 12-Aug-22 Final Dividend Rs.8 ASHIANA 18-Aug-22 Final Dividend Rs.0.50
KPITTECH 12-Aug-22 Dividend Rs.1.85 BERGEPAINT 18-Aug-22 Dividend Rs.  3.10
MASFIN 12-Aug-22 Final Dividend Rs.  1.75 CANFINHOME 18-Aug-22 Final Dividend Rs.1.5
SHRGLTR 12-Aug-22 Final Dividend Rs.0.20 GREENPLY 18-Aug-22 Final Dividend Rs.  0.5
SKIPPER 12-Aug-22 Dividend Rs.0.10 JAYSYN 18-Aug-22 Dividend Rs.0.30
TRIVENI 12-Aug-22 Final Dividend Rs.2 KTKBANK 18-Aug-22 Final Dividend Rs.4
WPIL 12-Aug-22 Dividend Rs.10 MAGNAELQ 18-Aug-22 Final Dividend Rs.  2.5
APLLTD 17-Aug-22 Int. Dividend NAUKRI 18-Aug-22 Final Dividend Rs.  5
BAIDFIN 17-Aug-22 Final Dividend Rs.0.10 NEAGI 18-Aug-22 Final Dividend Rs.  20
BBTC 17-Aug-22 Dividend Rs.1.2 PAGEIND 18-Aug-22 Int. Div.
ELIXIR 17-Aug-22 Final Dividend Rs.1.25 PERFEPA 18-Aug-22 Int. Dividend
EVERESTIND 17-Aug-22 Final Dividend Rs.  6 POLYSPIN 18-Aug-22 Final Dividend Rs.  0.6

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