The NIFTY opened at 17659.65 without much of a gap. The index initially went down almost 60 points found support around 17600 and recorded its intraday low at 17597.85. Prices then bounced sharply from 17600, recovered all the losses in the morning, and went above 17700. The index kept on moving higher and recorded its intraday high at 17724.65. A sharp dip came towards the end of today’s trading session but the index again recovered and finally closed at 17698.15 with a gain of 39.15 points or 0.22% up. OIL GAS outperformed today and ended with a gain of 2.25% followed by METAL which ended at 1.64% higher. IT, PHARMA, and MEDIA underperformed today and ended with more than 1%. The short-term trend is up. Support is now visible around the 17450 – 17500 zone while resistance should emerge around 17700. Prices have been moving around 17700 over the past two days and finding it difficult to cross higher. Fresh trade should now emerge either on a dip toward the support level or on a decisive breakout above 17700. We should now avoid trading the index and wait for an adequate setup to emerge.


The BANK NIFTY opened at 38942.45 with a gap of 107 points. The index initially went up but quickly turn around and started drifting downwards. A sharp decline brought prices to their intraday low at 38739.95 and then prices have seen a reversal from there. Prices have moved up sharply, crossed above 39000, and recorded their intraday high at 39088.90. The index finally closed at 39052.35 with a gain of 217 points. PVT and PSU BANKS both have seen an upside move today and closed higher by 0.37% & 0.31% respectively. Within the index, in terms of points, ICICI BANK contributed the highest on the upside while AU BANK contributed the lowest. BANK NIFTY continued its upside rally and closed higher for the fifth trading day. The index gained nearly half percent today and ended above 39000. The short-term trend is up and we should look for buying only. Fresh trade should now emerge either after a dip or if the index formed a narrow trading range. Support is visible around 38000 while resistance should emerge around 39400 – 39500 zones.


TATA STEEL 112.65 BUY The stock has consolidated after a sharp rally, now price again breaks that consolidation towards the upside. One should Buy at CMP for the Target of 115 with the SL of 111.
MARUTI 8699 SELL The stock gives a massive rally but after hitting resistance, the price is facing some selling pressure. One should sell after 8674 for the target of 8588 with an SL of 8732.


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
BHARATFORG.2208Aug 792.5 7.35 10.66 7724000 IPCALAB.22.08 Aug 919.2 -9.83 87.94 1529450
IGL.22.08 Aug 432.15 5.48 10.26 12691250 DIVISLAB.22.08 Aug 3734 -5.57 26.9 3099750
ONGC.22.08 Aug 136.55 4.88 3.46 48895000 HDFCAMC.22.08 Aug 1956.8 -3.91 11.09 2818800
GSPL.22.08 Aug 247.9 4.78 16.04 3797500 SRTRANSFIN.22.08 Aug 1367.75 -2.86 1.83 3868800
TORNTPOWER2208Aug 579.8 4.13 2.29 3210000 APOLLOHOSP.22.08 Aug 4315.15 -2.75 2.7 1932250
                                                                        Short Covering                                                                       Long Unwinding
SAIL.22.08 Aug 81.9 3.54 -6.12 92466000 INDIAMART.22.08 Aug 4280.75 -2.55 -0.31 239700
CROMPTON.22.08 Aug 386 3.14 -6.28 3606000 MPHASIS.22.08 Aug 2373 -2.5 -2.49 2093000
TATASTEEL.22.08 Aug 112.9 2.96 -0.69 2.32E+08 LTI.22.08 Aug 4918.2 -2.09 -1.66 1332000
GUJGASLTD.22.08 Aug 476.55 2.9 -5.65 4946250 HONAUT.22.08 Aug 39934.35 -1.79 -0.44 13515
UPL.22.08 Aug 789.7 2.75 -3.73 19865300 ATUL.22.08 Aug 9259 -1.71 -5.43 105825

Top Delivery Percentage

Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Crompton Greaves Consume 386 3.6 5442556 0 79.04 Nifty50 17698.15 0.22 31501880
Hdfc Bank Ltd. 1485.15 -0.04 4425185 0 76.39 Niftybank 39042.3 0.42 14282474
Hdfc Ltd. 2456.4 0.06 2502119 0 74.62 Nifty it 29885.9 -1.15 762945
Gail (india) Limited 131.5 2.22 19430630 0 73.46 India Vix 17.61 -4.96 309276394
Kotak Mahindra Bank Limi 1841.2 -0.66 1396522 0 70.34 Nifty Fmcg 42457.3 -0.05 341973
Samvardhana Motherson 122.75 -0.93 4985286 0 69.38 Nifty Pharma 12864 -1.15 43076426
Hcl Technologies Ltd. 956.4 -0.62 3022304 0 69.32 Nifty Realty 443.25 0.65 1254696965
Sbi Life Insurance Compa 1286.55 1.99 1572048 0 68.28 Nifty Auto 12923.75 0 43095867
Larsen & Toubro Limited 1846.45 -1.11 1041383 0 67.02 Nifty Metal 5853.45 1.64 95478629
Bajaj Auto Limited 4038 0.11 217139 0 66.24 Nifty Financial Services 18055.15 0.43 3310000


   Domestic                                                                                                                                                  International
INR:  WPI Inflation (YoY) (Jul) on 16th August, 2022

INR: WPI Manufacturing Inflation (YoY) (Jul) on 16th August, 2022

 USD : Building Permits (Jul) on 16th August, 2022

USD : Industrial Production (MoM) (Jul) on 16th August, 2022


  • Indian automakers’ sales rose in July as the supply of semiconductors improved. The dispatches of passenger vehicles rose 11% year-on-year to 2,93,865 units in July, data from the Society of Indian Automobile Manufacturers showed. The segment comprising passenger cars, utility vehicles, and vans witnessed growth across categories. Sequentially, the sales were up 6.6%. Sales of two-wheelers increased 9.6% year-on-year to 13.81 lakh units in the month.

  • Billionaire Gautam Adani-led Adani Group on Thursday said it will invest Rs 57,575 crore to develop two projects in metal sectors in Odisha, leading to creation of 9,300 direct jobs in the state. The group’s proposal to set up the two projects—a four million metric ton per annum integrated alumina refinery and a 30 MMTPA iron ore (value addition) project—has been approved by the High-Level Clearance Authority headed by Chief Minister Naveen Patnaik, the company said in a statement.

  • Bata India on Friday said that schools reopening has aided the company’s growth in the first quarter (Q1) of financial year 2023 after it reported the highest ever quarterly sales — though slightly lower than estimates. Bata India on Thursday reported its Q1 earnings with the revenue from operations seeing an over three-fold jump to Rs 943.01 crore from Rs 267 crore in the pandemic-hit Q1 FY22. The consolidated net profit stood at Rs 119.37 crore, up 71.82 percent, against Rs 69.47 crore during the same period last year.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
AARTECH A.G.M.;General 16-Aug-22 SPRAYKING Right Issue of Equity Shares 17-Aug-22
ALEXANDER A.G.M.;Audited Results;General 16-Aug-22 BEML Scheme of Arrangement 18-Aug-22
AMS General 16-Aug-22 MAXIMUS Stock  Split 18-Aug-22
DRA General 16-Aug-22 MIDEASTP A.G.M. 18-Aug-22
FLFL Audited Results;General 16-Aug-22 RAYALEMA A.G.M.;General;Preferential Issue of shares 18-Aug-22
FOCUS General 16-Aug-22 SEACOAST Right Issue of Equity Shares;General 18-Aug-22
GOBLIN General 16-Aug-22 SHRENTI A.G.M.;General 18-Aug-22
HANSUGAR Audited Results;Quarterly Results 16-Aug-22 EVANS A.G.M. 19-Aug-22
MOTHERSON Bonus issue 16-Aug-22 GENSOL Increase in Authorised Cap.;General;Pref. Issue of shares;Rights Issue 19-Aug-22
SVRL General;Quarterly Results 16-Aug-22 INDSILHYD General 19-Aug-22
YUG A.G.M.;Bonus issue;Increase in Authorised Cap. 16-Aug-22 GILLETTE Audited Results;Final Dividend 22-Aug-22
7NR Right Issue of Equity Shares;Rights Issue 17-Aug-22 ORCHASP A.G.M. 22-Aug-22
ARISINT Preferential Issue of shares 17-Aug-22 HEMORGANIC Stock  Split 23-Aug-22
GAIL General 17-Aug-22 PGHH Audited Results;Final Dividend 23-Aug-22
INNOVATORS A.G.M.;General 17-Aug-22 PRESSURS General;Stock  Split 24-Aug-22
ISHWATR General 17-Aug-22 SAICOM Bonus issue 25-Aug-22
RITHWIKFMS A.G.M.;General 17-Aug-22 PGHL Audited Results;Final Dividend 29-Aug-22
SMAUTO A.G.M.;General 17-Aug-22 TDPOWERSYS Stock  Split 30-Aug-22


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
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
LGBBROSLTD 17-Aug-22 Dividend Rs.15 TANLA 18-Aug-22 Final Dividend Rs.2
MARALOVER 17-Aug-22 Dividend Rs.2 UFLEX 18-Aug-22 Final Dividend Rs.3
RECLTD 17-Aug-22 Bonus issue 1:3 VISHWARAJ 18-Aug-22 Final Dividend Rs.  0.2
RELAXO 17-Aug-22 Final Dividend Rs.2.5 BPCL 19-Aug-22 Final Dividend Rs.6
SHIVAMILLS 17-Aug-22 Final Dividend Rs.1.2 HAL 19-Aug-22 Final Dividend Rs.10
STARTECK 17-Aug-22 Final Dividend Rs.0.25 MARKSANS* 19-Aug-22 Final Dividend Rs.0.25
YSL 17-Aug-22 Final Dividend Rs.200 UCALFUEL 19-Aug-22 Dividend Rs.2
APOLLOHOSP 18-Aug-22 Dividend Rs.  11.75 COMPUAGE 22-Aug-22 Final Dividend Rs.0.20
ASHIANA 18-Aug-22 Final Dividend Rs.0.50 CRAVATEX 22-Aug-22 Final Dividend Rs.3
BERGEPAINT 18-Aug-22 Dividend Rs.  3.10 DHUNINV 22-Aug-22 Dividend Rs.  2.5
CANFINHOME 18-Aug-22 Final Dividend Rs.1.5 HINDPETRO 22-Aug-22 Final Dividend Rs.14
GREENPLY 18-Aug-22 Final Dividend Rs.  0.5 NH 22-Aug-22 Final Dividend Rs. 1
JAYSYN 18-Aug-22 Dividend Rs.0.30 STLTECH 22-Aug-22 Final Dividend Rs.0.5
KTKBANK 18-Aug-22 Final Dividend Rs.4 DHUNTEAIND 24-Aug-22 Final Dividend Rs. 4
MAGNAELQ 18-Aug-22 Final Dividend Rs.  2.5 HEG 24-Aug-22 Final Dividend Rs. 40

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