The NIFTY opened at 17025.55 with a gap up of 42 points. The index initially went higher but faces resistance quickly and saw a sharp dip to fill the gap. Prices recorded its intraday low at 16960.05 and then again moved higher. This time, the index reached near 17100 and then saw a dip that found support quickly. The index again rises and recorded its intraday high at 17142.35. Prices have finally closed at 17123.60 near its daily highs with a gain of 140.05 points or 0.82% up. All the sectoral indices have moved higher today except MEDIA which ended with a loss of 0.07%. REALTY, FMCG, and BANK outperformed today and ended with a gain of over 1%. We have mentioned short-term support of around 17000. The index is holding this support despite closing lower yesterday. A trading range between 16800 -17400 remained intact. The short-term trend is sideways. We should now look for a trading opportunity in the direction of a breakout. Traders should look to buy above 17200 or sell short below 16950. In case of a gap up or down beyond these levels apply the first 15-minute rule. Keep a stop of 80 points and a target of 240 points from your entry price.


The BANK NIFTY opened at 38784.20 with a gap up of 138 points. The index initially went sideways and recorded its intraday low at 38606.40. Prices have broken on the upside and then rallied sharply to record its intraday high at 39164.10. The index finally closed at 39138.35 with a gain of 492 points. PSU and PVT BANKS both indices have performed almost the same today, saw a sharp intraday rally, and closed higher by 1.51% & 1.28% respectively. Within the index, in terms of points, AXIS BANK contributed the highest on the upside while IClCIBANK contributed the lowest. It was a trend day today on the upside where prices recorded its intraday low near the opening tick and intraday high near the closing tick. The index consolidated in the first half while moving higher in the second half. Tomorrow, we should look to buy on a breakout above 39500 or sell short below 38500. In case of a gap up or down beyond the suggested entry-level, apply the first 15-minute rule. Keep a stop of 300 points and a target of 800 points.


MANAPPURAM FIN 104.10 BUY The stock has been getting reversed on intraday as well as the daily chart. The stock can be bought above 104.10 with a stop loss of 102.75 and for the target of 106.15.
WHIRLPOOL 1596.90 SELL The stock has given the breakdown on the intraday as well as the daily chart. The stock can be sold at 1589.45 with a stop loss of 1601.25 and for the target of 1571.45.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
COAL INDIA  (27 OCT)  235 (CE) BUY 3.90 CMP 3.35 4.7 BREAKOUT
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
IDFC.22.10 Oct 76.7 5.5 2.05 125800000 LAURUSLABS.22.10 Oct 499.55 -2.6 5.33 6507900
MANAPURAM2210Oct 104.7 5.44 7.62 27786000 ASIANPAINT.22.10 Oct 3253 -1.71 8.28 5711400
CUB.22.10 Oct 185.3 4.69 2.39 7070000 SYNGENE.22.10 Oct 555.7 -1.7 2.75 2170000
IDFCFIRSTB.22.10 Oct 55.35 4.24 4.26 187305000 WHIRLPOOL.22.10 Oct 1598.7 -1.47 6.67 620900
L&TFH.22.10 Oct 78.2 4.2 0.9 50857876 HAVELLS.22.10 Oct 1265 -1.32 6.11 4374000
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
IBULHSGFIN.22.10 Oct 130 4.88 -2.06 40488000 ZEEL.22.10 Oct 268.55 -1.41 -0.16 97452000
INTELLECT.22.10 Oct 523 3.74 -1.22 1819500 DELTACORP.22.10 Oct 217 -0.48 -3.83 19520100
SRTRANSFIN.22.10 Oct 1206.95 3.4 -0.48 3999600 BIOCON.22.10 Oct 268.35 -0.35 -1.47 20980600
CHOLAFIN.22.10 Oct 745.2 3.31 -2.16 6281250 NMDC.22.10 Oct 131.05 -0.08 -0.87 50062400
DABUR.22.10 Oct 536.5 3.06 -4 12852500


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Infosys Limited 1428.7 0.34 5481467 0 59.37 Nifty50 17123.6 0.82 78156
Wipro Ltd 407.95 0.88 6305059 0 28.63 Niftybank 39118.55 1.05 78156
Reliance Industries Ltd 2375.25 0.74 3422992 0 58.31 Nifty it 27694.65 0.82 78156
Zee Entertain. 267.95 -1.72 17886711 0 42.74 India Vix 20.18 -1.54 78153
Larsen & Toubro Limited 1911.25 1.72 1907748 0 63.55 Nifty Fmcg 43196.85 1.49 78156
Acc Limited 2316.8 0.22 611941 0 24.15 Nifty Pharma 12839.35 0.1 78156
Itc Ltd. 330.1 1.16 10337544 0 47.36 Nifty Realty 427.7 1.62 78156
Hcl Technologies Ltd. 952 1.43 3502390 0 54.22 Nifty Auto 12598.3 0.88 78156
Hindustan Unilever Ltd 2591.35 1.6 882873 0 64.84 Nifty Metal 5798.15 0.21 78156
Tata Steel Limited 100.55 0.2 41357469 0 32.28 Nifty Financial Services 17603.85 0.85 78156


   Domestic                                                                                                                                                  International
INR: WPI Inflation (YoY) (Sep) on 14th October, 2022

INR: RBI MPC Meeting Minutes on 14th October, 2022

 USD: CPI (MoM) (Sep) on 13th October, 2022

USD: CPI (YoY) (Sep) on 13th October, 2022


  • Benchmark indices broke three-day losing streak on October 12 with Nifty closing above 17100. At Close, the Sensex was up 478.59 points or 0.84% at 57,625.91, and the Nifty was up 140.10 points or 0.82% at 17,123.60. About 1615 shares have advanced, 1727 shares declined, and 133 shares are unchanged.
  • IT services major Wipro Ltd on October 12 said its consolidated net profit for the quarter ended September 30, 2022 fell 9.27 percent to Rs 2,659 crore from Rs 2,930 crore in the year-ago period.
  • Ahead of Diwali, flight searches for travel between October 19 and October 24, have witnessed a 124 percent rise for domestic flights in India. For international destinations, flight searches were up by 133 percent higher than the pre-pandemic levels, according to the latest data released by KAYAK.
  • India’s next union budget will focus on growth priorities, while addressing inflationary concerns, as extraneous pressures mount in energy, fertiliser and food, according to Finance Minister Nirmala Sitharaman.
Source: Economic Times,  Indian Express, Business Today, Livemint, Business Standard, Bloomberg Quint


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
ABHIJIT Quarterly Results 13-Oct-22 ONELIFECAP General 14-Oct-22
ALSTONE Quarterly Results 13-Oct-22 PLASTIBLEN Quarterly Results 14-Oct-22
ANANDRATHI Interim Dividend;Quarterly Results 13-Oct-22 ROJL Half Yearly Results 14-Oct-22
ANGELONE Interim Dividend;Quarterly Results 13-Oct-22 RONI Half Yearly Results;General 14-Oct-22
APOLLO Issue Of Warrants;General;Preferential Issue of shares 13-Oct-22 RRMETAL Preferential Issue of shares 14-Oct-22
ASHAI General 13-Oct-22 SHREECEM Quarterly Results 14-Oct-22
ATHARVENT General;Quarterly Results 13-Oct-22 SPANDANA General 14-Oct-22
BIRLAMONEY Quarterly Results 13-Oct-22 SUKHJITS General 14-Oct-22
CYIENT Quarterly Results 13-Oct-22 SUMERUIND Quarterly Results 14-Oct-22
DEN Quarterly Results 13-Oct-22 SYSCO General 14-Oct-22
EMERALD Preferential Issue of shares 13-Oct-22 TATAELXSI Quarterly Results 14-Oct-22
INFY Audited Results;Buy Back of Shares;Interim Dividend;Quarterly Results 13-Oct-22 3PLAND Quarterly Results 15-Oct-22
MAHALXSE General 13-Oct-22 ALOKTEXT Quarterly Results 15-Oct-22
MINDTREE Quarterly Results 13-Oct-22 BUTTERFLY Quarterly Results 15-Oct-22
PHARMAID Issue Of Warrants 13-Oct-22 DMART Quarterly Results 15-Oct-22
ROSELABS Quarterly Results 13-Oct-22 GANESHHOUC Quarterly Results 15-Oct-22
SCPL Half Yearly Results 13-Oct-22 GTPL Quarterly Results 15-Oct-22
SHRINIWAS Quarterly Results 13-Oct-22 HATHWAYB Quarterly Results 15-Oct-22
VEERENRGY Bonus issue 13-Oct-22 HDFCBANK Quarterly Results 15-Oct-22
AMAL General 14-Oct-22 ICICIPRULI Audited Results;Quarterly Results 15-Oct-22
BAJAJ-AUTO Quarterly Results 14-Oct-22 KAARYAFSL Bonus issue 15-Oct-22
BNL Quarterly Results 14-Oct-22 KESORAMIND Quarterly Results 15-Oct-22
CHARMS Quarterly Results 14-Oct-22 LTI Quarterly Results 15-Oct-22
CIL Quarterly Results 14-Oct-22 MAYUKH Quarterly Results 15-Oct-22
DLTNCBL Quarterly Results 14-Oct-22 NBFOOT Quarterly Results 15-Oct-22
DRCSYSTEMS General;Quarterly Results 14-Oct-22 RAMASIGNS Quarterly Results 15-Oct-22
ELEFLOR General;Quarterly Results 14-Oct-22 RIIL Quarterly Results 15-Oct-22
FEDERALBNK Quarterly Results 14-Oct-22 SHAKTIPR Audited Results;Quarterly Results 15-Oct-22
GISOLUTION Quarterly Results 14-Oct-22 SUPREME Quarterly Results 15-Oct-22
INFOMEDIA Quarterly Results 14-Oct-22 TDSL General 15-Oct-22
JUSTDIAL General;Quarterly Results 14-Oct-22 URJAGLOBA General;Quarterly Results 15-Oct-22
MONEYBOXX General 14-Oct-22 VSL Quarterly Results 15-Oct-22
OBEROIRLTY Quarterly Results 14-Oct-22 ZFSTEERING General;Quarterly Results 15-Oct-22


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
GCSL 13-Oct-22 Bonus issue 8:1 REGENCY 21-Oct-22 Bonus issue 1:1
INFRATRUST 13-Oct-22 Income Distribution (InvIT) TAINWALCHM 21-Oct-22 E.G.M.
VSL 14-Oct-22 Bonus issue 1:2 VGIL 21-Oct-22 Final Dividend – Rs. – 0.2000
TCS 17-Oct-22 Interim Dividend – Rs. – 8.0000 ICICIGI 27-Oct-22 Interim Dividend
DUGARHOU 18-Oct-22 Reduction of Capital LTTS 27-Oct-22 Interim Dividend
HLEGLAS 18-Oct-22 Stock  Split From Rs.10/- to Rs.2/- IIFLWAM 28-Oct-22 Interim Dividend
HCLTECH 19-Oct-22 Interim Dividend MAHACORP 28-Oct-22 E.G.M.
TPLPLAST 19-Oct-22 Stock  Split From Rs.10/- to Rs.2/- SANINFRA 28-Oct-22 Stock  Split From Rs.10/- to Rs.1/-
UHZAVERI 19-Oct-22 Bonus issue 2:3 VISAGAR 28-Oct-22 E.G.M.
ANANDRATHI 20-Oct-22 Interim Dividend VIVIDHA 28-Oct-22 E.G.M.
ANGELONE 20-Oct-22 Interim Dividend ASIANPAINT 31-Oct-22 Interim Dividend
IRBINVIT 20-Oct-22 Income Distribution (InvIT) DCMSHRIRAM 31-Oct-22 Interim Dividend
JAICORPLTD 20-Oct-22 Dividend – Rs. – 0.5000 ISEC 31-Oct-22 Interim Dividend
ANJANIFOODS 21-Oct-22 Stock  Split From Rs.10/- to Rs.2/- NESTLEIND 31-Oct-22 Interim Dividend
ATAM 21-Oct-22 Bonus issue 1:1 HINDUNILVR 01-Nov-22 Interim Dividend
AXITA 21-Oct-22 Stock  Split From Rs.10/- to Rs.1/- PGHH 04-Nov-22 Final Dividend – Rs. – 65.0000
PERFEPA 21-Oct-22 Stock  Split From Rs.10/- to Rs.2/- GILLETTE 10-Nov-22 Final Dividend – Rs. – 36.0000

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