The NIFTY opened at 18044.45 with a gap up of 108 points. The index initially moved up but then started moving downwards and recorded its intraday low at 18015.45. Prices then bounced up sharply, saw an upside move, and faced a strong resistance near 18100. The index formed a narrow and tight trading range there. The index recorded its intraday high at 18088.30, continued sideways momentum till the end, and finally closed at 18070.05 near its daily highs with a gain of 133.70 or 0.75% up. METAL outperformed today and closed with a gain of 1.28% followed by FINANCIAL which ended almost 1% higher. REALY and 0IL GAS underperformed today and closed lower with a minor loss. The short-term trend is up and there is no doubt about it. For this week, our view was choppy and narrow. Prices have almost moved similarly in the past two days. Support is now visible around 17700 which was also a breakout for the current up move. Resistance should now emerge around 18350 – 18400 if this rally continued. The INDIA VIX, a benchmark index for volatility, has been moving below 18 consistently suggesting volatility is normal which should favour the bulls. We should look for a buying opportunity on a dip or intraday consolidation breakout.


The BANK NIFTY opened at 40802.10 with a gap up of 241 points. The index initially consolidated in a tight narrow range and recorded its intraday low at 40693.95. The consolidation resolved on the upside and prices have rallied to record its intraday high at 40904.30. The index finally closed at 40864.95 with a gain of 303 points. PVT BANKS have performed well today, saw an intraday rally, and closed withagainof0.80%. PSU BANKS have underperformed today and closed without much of a change. Within the index, in terms of points, HDFC BANK contributed the highest on the upside while IDFC FlRST BANK contributed the most. A gap-up opening was sustained today in the BANK NIFTY and prices have closed with some gains. However, the intraday range was narrow today as prices have moved within a range of just 211points. These narrow range days should lead prices to a sharp move one way or the other. For the current week, our view was narrow and choppy price action. So far, prices are moving as we expected. Support is visible around 39800 while resistance may emerge around 41000. The short-term trend is up. We should now look for a buying opportunity as far as prices are trading above the 39800 level.


TRENT 1461.90 BUY The stock is on the verge of giving the breakout on the intraday as well as the daily chart. The stock can be bought at CMP with a stop loss of 1422 and for the target of 1528.
ASTRAL LTD 2445.80 SELL The immediate trend of the script is Bullish. There is a negative sign after a strong rally therefore it can be sold below 2422 with a stop loss of 2488 and a target of 2324.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
TRENT.22.09 Sep 1464 4.05 3.31 4542125 ASTRAL.22.09 Sep 2458 -3.48 0.84 1415975
L&TFH.22.09 Sep 84.25 3.88 12.23 60593960 CROMPTON.22.09 Sep 410.95 -2.43 11.62 4281000
POLYCAB.22.09 Sep 2654 3.51 11.73 768600 LALPATHLAB.22.09 Sep 2320 -2.42 6.77 1347500
SRF.22.09 Sep 2834.65 3.46 2.05 3362250 HINDPETRO.22.09 Sep 246.1 -2.07 8.06 20668500
DEEPAKNTR.22.09 Sep 2265.4 3.45 0.42 1976000 DALBHARAT.22.09 Sep 1669.25 -1.98 0.71 1557500
                                                                        Short Covering                                                                       Long Unwinding
ADANIENT.22.09 Sep 3573.1 2.63 -1.36 16348500 PNB.22.09 Sep 39.7 -1.73 -1.16 2.389908
VEDL.22.09 Sep 278.5 2.47 -1.09 38311350 IDFC.22.09 Sep 68.3 -1.66 -0.24 1.249908
AMBUJACEM.22.09Sep 487.25 2.18 -0.96 70709400 FSL.22.09 Sep 116.35 -1.31 -5.63 17087200
IDEA.22.09 Sep 9.9 2.06 -1.28 600040000 TVSMOTOR.22.09 Sep 1040.5 -1.13 -1.75 7481600
TATAMOTORS.2209Sep 459 1.43 -0.29 66061575 INTELLECT.22.09 Sep 618 -1.07 -3.05 1764750


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Whirlpool 1770.65 1.03 272242 0 75.93 Nifty50 18070.05 0.75 80751
Max Financial Services l 795.75 1.12 1255244 0 74.61 Niftybank 40873.1 0.74 80751
Ntpc Limited 167.4 0.6 15644741 0 73.53 Nifty it 29116.85 -0.05 80751
Hdfc Bank Ltd. 1513.1 1.31 6500983 0 72.56 India Vix 17.47 -2.62 80751
Cholamandalam Investment 797.9 -0.04 1539094 0 72.09 Nifty Fmcg 44251.55 0.75 80751
Colgate Palmolive (india 1643.8 0.79 216817 0 72.07 Nifty Pharma 12745.6 0.24 80751
Hdfc Ltd. 2451.5 1.34 2197258 0 71.76 Nifty Realty 479.55 -0.18 80751
Sbi Life Insurance Compa 1324.4 1.41 1160040 0 70.72 Nifty Auto 13264.15 0.06 80751
Voltas Ltd. 970.15 0.34 1873849 0 70.63 Nifty Metal 6158.9 1.28 80751
Laurus Labs Limited 552.9 1.13 659016 0 69.89 Nifty Financial Services 18605.35 0.91 80751


   Domestic                                                                                                                                                  International
INR: WPI Inflation (YoY) (Aug) on 14th September, 2022

INR: Trade Balance on 15th September, 2022

 USD : PPI (MoM) (Aug) on 14th September, 2022

USD : Core Retail Sales (MoM) (Aug) on 15th September, 2022


  • On Tuesday, Sensex ended the day 451.03 points higher at 60,566.16. Nifty gained 130.50 points to close above 18,000. About 1776 shares advanced, 1600 shares declined, and 101 shares were unchanged. Both indices ended at five-month highs. banking, FMCG, industrials, and metal stocks rose highest.

  • The expectation of a 50 basis-point rate hike by the RBI has begun after India’s retail inflation touched 7% in August. The inflation print was a tad higher than economists’ estimates. It’s also the eighth straight month of breach of the Reserve Bank of India’s upper target of 6%. The RBI’s Monetary Policy Committee is scheduled to meet between Sept. 28 and 30.

  • The Indian rupee gained as much as 0.6% against the U.S. dollar on Tuesday. The currency opened 0.3% higher over its previous close at 79.28. It had closed at 79.53 on Monday. During the day, the currency appreciated as much as 0.63% to 79.03 against the greenback, before paring some gains to end at 79.14.

  • Investors are fleeing equities en masse amid the specter of a recession, with allocations to stocks at record lows and cash exposure at all-time highs, a Bank of America Corp. survey showed. Global stocks have had a roller-coaster ride in the past few months. Declines have been driven by fears that central banks will remain hawkish for longer and tip the economy into a recession, while rallies have been fueled by low investor positioning and optimism around peaking US inflation.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
AMANITRA General;Preferential Issue of shares 14-Sep-22 PVVINFRA General 15-Sep-22
AML General 14-Sep-22 VANICOM Preferential Issue of shares 15-Sep-22
FEL Audited Results 14-Sep-22 MIRCH General 16-Sep-22
FELDVR Audited Results 14-Sep-22 MTPL A.G.M.;General 16-Sep-22
GUJINJEC Issue Of Warrants 14-Sep-22 NINSYS General 16-Sep-22
KANSAINER Employees Stock Option Plan 14-Sep-22 RRMETAL General 16-Sep-22
MDRNTHR-B Quarterly Results 14-Sep-22 MAFATIND General 17-Sep-22
SABOOSOD Right Issue of Equity Shares 14-Sep-22 VIKRAMTH Scheme of Arrangement 17-Sep-22
TATASTEEL General 14-Sep-22 ARFIN Stock  Split 19-Sep-22
UNITECH Quarterly Results 14-Sep-22 GBGLOBAL A.G.M.;General 19-Sep-22
VEGETABLE Issue Of Warrants;General 14-Sep-22 SYLPH General 19-Sep-22
VERANDA Preferential Issue of shares 14-Sep-22 TIL Audited Results 19-Sep-22
VISHWARAJ General 14-Sep-22 GUJTLRM Increase in Authorised Capital;Issue Of Warrants;Preferential Issue of shares 22-Sep-22
ASHNI General 15-Sep-22 VALECHAENG Audited Results 27-Sep-22
JONJUA General 15-Sep-22 INTETHR A.G.M. 30-Sep-22
LIBERTSHOE Interim Dividend 15-Sep-22 NAYSAA A.G.M. 30-Sep-22
MADHUSE General 15-Sep-22 SCANPRO A.G.M. 30-Sep-22



Company Name Ex-Date Purpose Company Name Ex-Date Purpose
AMNPLST 14-Sep-22 Dividend Rs. 0.40 SADHNANIQ 14-Sep-22 Final Dividend Rs.0.15
AMRUTANJAN 14-Sep-22 Final Dividend Rs. 2.60 SANDHAR 14-Sep-22 Final Dividend Rs. 2.25
BGWTATO 14-Sep-22 Final Dividend Rs. 1 SHAWGELTIN 14-Sep-22 Dividend Rs. 10
DIAPOWER 14-Sep-22 Resolution Plan -Suspension STERTOOLS 14-Sep-22 Final Dividend Rs.1
FOODSIN 14-Sep-22 Final Dividend Rs. 0.25 SUPERHOUSE 14-Sep-22 Dividend Rs. 1
GIPCL 14-Sep-22 Dividend Rs. 2.50 AINFRA 15-Sep-22 Final Dividend Rs.0.05
GRAUWEIL 14-Sep-22 Final Dividend Rs. 0.65 ALPHAGEO 15-Sep-22 Dividend Rs. 8
GUJCRAFT 14-Sep-22 Final Dividend Rs. 1 APMIN 15-Sep-22 Dividend Rs. 1
HIKAL 14-Sep-22 Final Dividend Rs. 0.40 BEEKAY 15-Sep-22 Dividend Rs. 1
INDOCO 14-Sep-22 Final Dividend Rs. 1.50 BEL 15-Sep-22 Bonus issue 2:1
INDOCO 14-Sep-22 Special Dividend Rs. 0.75 BEML 15-Sep-22 Final Dividend Rs.5
INTLCOMBQ 14-Sep-22 Final Dividend Rs. 2 BHEL 15-Sep-22 Final Dividend Rs. 0.40
ITDCEM 14-Sep-22 Dividend Rs. 0.45 BIRLACABLE 15-Sep-22 Dividend Rs. 1.50
KABRAEXTRU 14-Sep-22 Final Dividend Rs.3 CANTABIL 15-Sep-22 Final Dividend Rs.1.50
KILPEST 14-Sep-22 Final Dividend Rs. 2.50 CGCL 15-Sep-22 Final Dividend Rs. 0.50
LOYALTEX 14-Sep-22 Dividend Rs. 10 CHEMCRUX 15-Sep-22 Final Dividend Rs.2
MONARCH 14-Sep-22 Dividend Rs. 1 CIFL 15-Sep-22 Dividend Rs. 0.1
ONMOBILE 14-Sep-22 Final Dividend Rs.1.50 CREST 15-Sep-22 Final Dividend Rs.0.50
PANCHMAHQ 14-Sep-22 Dividend Rs. 4 EKC 15-Sep-22 Final Dividend Rs. 0.70
RHIM 14-Sep-22 Final Dividend Rs. 2.50 EVERESTO 15-Sep-22 Final Dividend Rs.0.50


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