The NIFTY opened at 18362.75 with a minor gap up of just 33 points. The index initially moved lower, filled the gap, and then fell further to record its intraday low at 18282. Prices have found intraday support there and started consolidating around 18300. The consolidation broke on the upside in the afternoon but prices did not move much higher. A sharp rally started towards the end of today’s trading session and prices have recorded its intraday high at 18427.95. The index finally closed at 18403.40 near its daily highs with a gain of 74.25 points or 0.41% up. BANK and OIL GAS outperformed today by closing with nearly 1% gains. MEDIA and REALLY underperformed today and closed with a minor loss. FMCG and IT ended on a flat note today. The short-term trend is up and there is no doubt about it as prices are trading near the swing highs. The index is now heading toward its lifetime high which was recorded at 18604.45. A narrow range day yesterday, resolved on the upside today. Support is now visible around the 18200 – 18300 zone. A close below 18200 may change the short-term trend to sideways. Volatility is very low as the INDIA VIX, a benchmark index for volatility is now moving below level 15. Traders should look for buying opportunities only on any intraday dip or consolidation breakout.


The BANK NIFTY opened at 42234.85 with a gap up of 162 points. The index initially went downwards and almost filled the gap and then started consolidating. Prices recorded its intraday low at 42079.55 and then saw a breakout. The index rallied sharply and recorded its intraday high at 42450.05. Prices have finally closed at 42430.25 near its daily highs with a gain of 358 points. PVT and PSU BANKS both performed well today, saw an upside move, and finally closed with a gain of 0.67% & 0.33% respectively. Within the index, in terms of points, ICICI BANK contributed the highest on the upside while KOTAK BANK contributed the lowest. The short-term trend is up and the index has recorded lifetime new highs today. We now have a support zone for the BANK Index within the 41500 – 42000 range. There is no visible resistance as prices are trading in uncharted territory. Since the volatility is very low, so we may see much movement during the day. That is why the index is moving narrowly for the past few days. We should look for buying only on an intraday basis.


BHARTI AIRTEL 837.1 BUY The stock has given a breakout on the intraday as well as the daily chart. The stock can be bought at CMP with a stop loss of 831 and a target of 849.
 SIEMENS 2849.8 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold at 2849.8 with a stop loss of 2861 and a target of 2813.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
IGL 435 CE BUY 11.40 11.80 8.50 18 BREAKOUT
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
BALKRISIND.22.11 Nov 1967.15 4.86 1.15 2499900 COALINDIA.22.11 Nov 233.25 -5.83 1.04 34650000
APOLLOTYRE.22.11Nov 299.5 4.32 19.51 18242000 NMDC.22.11 Nov 109.1 -4.51 16.56 26692800
IGL.22.11 Nov 436.1 3.92 23.95 11006875 GMR AIRPORTS INFRA 37.25 -3.99 5.7 123817500
GSPL.22.11 Nov 253.7 3.64 20.78 5885000 POLYCAB.22.11 Nov 2614.5 -3.18 17.8 952800
MCDOWELL-N2211Nov 910.45 2.99 4.59 18422500 IRCTC.22.11 Nov 738.95 -2.88 3.96 12681375
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
GUJGASLTD.22.11 Nov 515.2 6.46 -10.14 3657500 NAUKRI.22.11 Nov 4180.35 -4.56 -1.96 1717500
MUTHOOTFIN2211Nov 1120 2.87 -1.48 7576875 GNFC.22.11 Nov 580.3 -2.8 -2.08 7647900
CUB.22.11 Nov 190.7 2.61 -4.58 8535000 SUNTV.22.11 Nov 494.9 -1.3 -3.87 9352500
DEEPAKNTR.22.11 Nov 2191.2 2.25 -6.92 1688000 ABBOTINDIA.22.11 Nov 19792.65 -1.25 -1.39 56720
ICICIBANK.22.11 Nov 915.8 1.98 -0.83 93460125 BHEL.22.11 Nov 70.8 -1.19 -3.24 108150000


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Gujgasltd 513.4 6.04 3411763 0 22.19 Nifty50 18403.4 0.41 86376
Balkrishna Ind. Ltd 1963.2 4.67 2670070 0 25.67 Niftybank 42372.7 0.7 86376
Apollo Tyres Ltd. 297.7 4.33 16987072 0 20.05 Nifty it 29865.3 0.05 86376
Indraprastha Gas Limited 433.7 4.05 5850693 0 51.15 India Vix 14.64 -1.81 86376
Gujarat State Petronet l 252.55 3.91 4650773 0 39.5 Nifty Fmcg 43911.05 -0.02 86376
Muthootfin 1120.05 3.01 1487359 0 17.66 Nifty Pharma 13036.9 0.13 86376
City Union Bank Ltd. 190.05 2.95 4659728 0 53.85 Nifty Realty 452.8 -0.11 86376
United Spirits Limited 905.6 2.75 2121221 0 19.28 Nifty Auto 13155.55 0.64 86376
Hindcopper 119.2 2.36 5439447 0 31.35 Nifty Metal 6589.55 0.47 86376
Oil & Natural Gas Corp 142.35 2.23 24636519 0 45.95 Nifty Financial Services 19083.6 0.59 86376


   Domestic                                                                                                                                                  International
INR: Deposit Growth on 18th  November, 2022

INR: FX Reserves, USD on 18th  November, 2022

 USD: Retail Sales (MoM) (Oct) on 16th  November, 2022

USD: Crude Oil Inventories on 16th  November, 2022


  • Indian benchmark indices ended higher in the highly volatile session on November 15 with Nifty above 18400.At Close, the Sensex was up 248.84 points or 0.40% at 61,872.99, and the Nifty was up 74.20 points or 0.40% at 18,403.40. About 1582 shares have advanced, 1814 shares declined, and 120 shares are unchanged.

  • India’s trade deficit widened to $26.91 billion in October from $25.71 billion in September, according to data released by commerce ministry on November 15. Exports in October contracted 16.65 percent on year to $29.78 billion in October.Imports in October rose to $56.69 billion from $53.64 billion a year ago.

  • Wind power operation and maintenance service provider Inox Green Energy Services has seen muted response for its initial public offering. The offer has garnered bids for 10.28 crore shares against IPO size of 6.67 crore shares, getting subscribed 1.54 times on November 15, the final day of bidding.

  • Paytm, India’s leading digital payments brand, faces another reckoning, a year after it recorded the grisliest initial public offering in India’s history.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
ADROITINFO Preferential Issue of shares 16-Nov-22 KHYATI Reduction of Capital 18-Nov-22
HINDZINC Interim Dividend 16-Nov-22 OONE General;Quarterly Results 18-Nov-22
MACH Half Yearly Results;General 16-Nov-22 RAMASTEEL Bonus issue;General 18-Nov-22
PHRMASI Voluntary Delisting of Shares 16-Nov-22 SELLWIN General 18-Nov-22
RCCEMEN Quarterly Results 16-Nov-22 TIRTPLS Quarterly Results 18-Nov-22
SPANDANA General 16-Nov-22 ARIHANTINS Half Yearly Results 21-Nov-22
FEDDERELEC Quarterly Results 17-Nov-22 COSPOWER Half Yearly Results;General 21-Nov-22
FISCHER General;Quarterly Results 17-Nov-22 TRIVENIGQ General 21-Nov-22
POOJA General 17-Nov-22 UNIWSEC Quarterly Results 21-Nov-22
RONI Right Issue of Equity Shares;General 17-Nov-22 TRINITYLEA Preferential Issue of shares 22-Nov-22
SEACOAST General 17-Nov-22 VEERHEALTH Preferential Issue of shares 23-Nov-22
ALAN SCOTT Right Issue of Equity Shares 18-Nov-22 7NR Scheme of Arrangement 25-Nov-22
BRFL Quarterly Results 18-Nov-22 WANBURY Quarterly Results 28-Nov-22
INDINFO Right Issue of Equity Shares 18-Nov-22 ICL Stock  Split 30-Nov-22
JAYSHREETEA General;Scheme of Arrangement 18-Nov-22 ESHAMEDIA A.G.M. 12-Dec-22


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
BHAGCHEM 16-Nov-22 Interim Dividend – Rs. – 1.0000 BELLACASA 21-Nov-22 Interim Dividend – Rs. – 0.7000
CAMS 16-Nov-22 Interim Dividend – Rs. – 8.5000 COCHINSHIP 21-Nov-22 Interim Dividend – Rs. – 7.0000
MSUMI 16-Nov-22 Bonus issue 2:5 EASEMYTRIP 21-Nov-22 Bonus issue 3:1
PRESSURS 16-Nov-22 Stock  Split From Rs.10/- to Rs.1/- EASEMYTRIP 21-Nov-22 Stock  Split From Rs.2/- to Rs.1/-
QGO 16-Nov-22 Interim Dividend – Rs. – 0.1000 MAZDOCK 21-Nov-22 Interim Dividend – Rs. – 9.1000
BAYERCROP 17-Nov-22 Interim Dividend – Rs. – 100.0000 NATCOPHARM 21-Nov-22 Interim Dividend – Rs. – 0.7500
DHANUKA 17-Nov-22 Buy Back of Shares OIL 21-Nov-22 Interim Dividend – Rs. – 4.5000
ESSENTIA 17-Nov-22 Right Issue of Equity Shares ONGC 21-Nov-22 Interim Dividend – Rs. – 6.7500
GABRIEL 17-Nov-22 Interim Dividend – Rs. – 0.9000 PETRONET 21-Nov-22 Special Dividend – Rs. – 7.0000
IRFC 17-Nov-22 Interim Dividend – Rs. – 0.8000 PRAVEG 21-Nov-22 Final Dividend – Rs. – 4.0000
MRF 17-Nov-22 Interim Dividend – Rs. – 3.0000 TIDEWATER 21-Nov-22 Interim Dividend – Rs. – 12.0000
ORIENTCQ 17-Nov-22 Interim Dividend – Rs. – 7.0000 ASMTEC 22-Nov-22 Interim Dividend – Rs. – 1.0000
PAGEIND 17-Nov-22 Interim Dividend – Rs. – 70.0000 CONCOR 22-Nov-22 Interim Dividend – Rs. – 3.0000
PDSL 17-Nov-22 Interim Dividend – Rs. – 2.5000 EIDPARRY 22-Nov-22 Interim Dividend – Rs. – 5.5000
QUESS 17-Nov-22 Interim Dividend – Rs. – 8.0000 GESHIP 22-Nov-22 Interim Dividend – Rs. – 7.2000
RITES 17-Nov-22 Interim Dividend – Rs. – 4.5000 IPCALAB 22-Nov-22 Interim Dividend – Rs. – 4.0000
SAKSOFT 17-Nov-22 Interim Dividend – Rs. – 0.3500 MANAPPURAM 22-Nov-22 Interim Dividend – Rs. – 0.7500
SUNDRMFAST 17-Nov-22 Interim Dividend – Rs. – 3.5700 MORGANITE 22-Nov-22 Interim Dividend – Rs. – 9.0000
SUNDRMFAST 17-Nov-22 Special Dividend – Rs. – 2.0000 PGIL 22-Nov-22 Interim Dividend – Rs. – 2.5000
VIDHIING 17-Nov-22 Interim Dividend – Rs. – 0.4000 HINDZINC 23-Nov-22 Interim Dividend
ASTRAL 18-Nov-22 Interim Dividend – Rs. – 1.2500 INDTONER 23-Nov-22 Interim Dividend – Rs. – 3.5000
BARTRONICS 18-Nov-22 Resolution Plan -Suspension MAHSEAMLES 23-Nov-22 Bonus issue 1:1
DATAINFRA 18-Nov-22 Income Distribution (InvIT) PANAMAPET 23-Nov-22 Interim Dividend – Rs. – 3.0000
EMAMILTD 18-Nov-22 Interim Dividend – Rs. – 4.0000 BHARATFORG 24-Nov-22 Interim Dividend – Rs. – 1.5000
ESABINDIA 18-Nov-22 Interim Dividend – Rs. – 30.0000 CUPID 24-Nov-22 Interim Dividend – Rs. – 2.0000
GPPL 18-Nov-22 Interim Dividend – Rs. – 2.7000 DIAMINESQ 24-Nov-22 Interim Dividend – Rs. – 3.0000
HAL 18-Nov-22 Interim Dividend – Rs. – 20.0000 JMFINANCIL 24-Nov-22 Interim Dividend – Rs. – 0.9000
INDAG 18-Nov-22 Interim Dividend – Rs. – 0.9000 PFC 24-Nov-22 Interim Dividend – Rs. – 3.0000
LAOPALA 18-Nov-22 Interim Dividend – Rs. – 2.0000 POLYPLEX 24-Nov-22 Interim Dividend – Rs. – 20.0000
MAANALU 18-Nov-22 Interim Dividend – Rs. – 1.0000 POLYPLEX 24-Nov-22 Special Dividend – Rs. – 35.0000
MINDSPACE 18-Nov-22 Income Distribution RITES ABANSENT 25-Nov-22 Interim Dividend – Rs. – 0.1000
MSTC 18-Nov-22 Interim Dividend – Rs. – 5.5000 GOLECHA 25-Nov-22 Interim Dividend – Rs. – 1.0000
NAUKRI 18-Nov-22 Interim Dividend – Rs. – 10.0000 MAFATIND 25-Nov-22 Stock  Split From Rs.10/- to Rs.2/-
ORBTEXP 18-Nov-22 Buy Back of Shares MANAKSIA 25-Nov-22 Interim Dividend – Rs. – 3.0000
PPAP 18-Nov-22 Interim Dividend – Rs. – 1.0000 NILE 25-Nov-22 Interim Dividend – Rs. – 2.0000
STANCAP 18-Nov-22 E.G.M. PREMCO 25-Nov-22 Interim Dividend – Rs. – 2.0000
SUNTV 18-Nov-22 Interim Dividend – Rs. – 3.7500 FAMILYCARE 28-Nov-22 Interim Dividend – Rs. – 0.0500
VENUSPIPES 18-Nov-22 Interim Dividend – Rs. – 0.5000 ALSTONE 29-Nov-22 E.G.M.
 MANINFRA 21-Nov-22 Interim Dividend – Rs. – 0.9000 CHANDRAP 30-Nov-22 Stock  Split From Rs.10/- to Rs.2/-
3MINDIA 21-Nov-22 Special Dividend – Rs. – 850.0000 PANCHSHEEL 05-Dec-22 Interim Dividend – Rs. – 0.8000
BALKRISIND 21-Nov-22 Interim Dividend – Rs. – 4.0000 HGS 07-Dec-22 Interim Dividend – Rs. – 5.0000

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