The NIFTY opened at 17797.20 with a gap of 99 points. The index initially went down but quickly found support and bounced up after recording its intraday low at 17764.05. Prices rallied sharply, went above 17800, and recorded their intraday high at 17839.10. Prices then again moved down and came close to their early morning low and again found support there. Prices have seen a sharp intraday rally in the last 30 minutes of trading and finally closed at 17825.25 near its daily highs with a gain of 127.10 points or 0.72% up. AUTO outperformed today and ended with a gain of 2.52% followed by REALTY which ended nearly 2% higher. FMCG and OIL GAS also did well today by gaining over 1%. MEDIA was the only sector that ended with a loss today. The short-term trend is up. We have mentioned a resistance around 17700 which the index easily crossed above. This level should now act as a support level. The next likely resistance should now emerge around the 18000 mark. We are anticipating a dip or some kind of consolidation here since the index has seen a sharp upside move in the past few weeks. We should now avoid trading the index and wait for an adequate setup to emerge.


The BANK NIFTY opened at 39284.10 with a gap of 232 points. The index initially went up for half an hour and then turned down after recording its intraday high at 39444.60. Prices have seen an intraday decline but did not able to fill the gap completely and bounced back after recording its intraday low at 39119.90. Prices have seen a minor recovery and finally closed at 39247.30 with a gain of 195 points. PVT BANKS have outperformed today and ended with a gain of 0.68%. PSU BANKS have underperformed today and ended with a loss of 0.37%. Within the index, in terms of points, HDFC BANK contributed the highest on the upside while SBIN contributed the lowest. The short-term trend is up and we should look for buying only. We have mentioned that support is visible around 38000 while resistance should emerge around 39400-39500 zones.


TATA CONSUMERS 779.5 BUY The Stock has been in an uptrend and then corrected till found support from the golden level of the FIB level. One should Buy at 780 for the Target of 785 with the SL of 776.
BSOFT 335.90 SELL The stock has been in a downtrend making lower highs, currently, the price is facing some selling pressure after making a high. One should sell @ 333.7  for the target of 328 with an SL of 337.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
                TATA POWER 240 (CE) BUY 5.50 CMP 3 10 BREAKOUT
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
HDFCAMC.22.08 Aug 2192.85 12.06 3.28 2911200 MUTHOOTFIN.22.08 Aug 1044.45 -12.44 51.89 7845750
APOLLOTYRE.22.08 Aug 251.2 6.01 18.96 14189000 MANAPPURAM.2208Aug 105.9 -3.86 1.55 30336000
ICICIGI.22.08 Aug 1300.1 4.85 3.44 3756150 METROPOLIS.22.08 Aug 1449 -2.65 12.27 889200
HDFCLIFE.22.08 Aug 571.95 4.74 0.28 29807800 HINDALCO.22.08 Aug 429 -1.91 6.39 28579950
ADANIPORTS.22.08Aug 828.55 4.71 2.34 75517500 GRASIM.22.08 Aug 1596.65 -1.68 3.05 10911700
                                                                        Short Covering                                                                       Long Unwinding
ESCORTS LIMITED 1846.6 10.24 -5.19 2259950 LUPIN.22.08 Aug 684.55 -0.04 -0.51 9197850
HONAUT.22.08 Aug 42760.35 7.08 -12.99 11760 SUNPHARMA.22.08 Aug 912.95 -0.05 -1.15 19961200
MOTHERSON.22.08Aug 128.55 4.34 -5.19 39298500 JKCEMENT.22.08 Aug 2657.25 -0.08 -7.06 486750
IEX.22.08 Aug 172.8 4.16 -1.85 52676250 CHAMBLFERT.22.08 Aug 339.8 -0.41 -1.21 7587000
ADANIENT.22.08 Aug 2984.85 3.82 -1.26 18742500 PFC.22.08 Aug 120.3 -0.7 -1.68 34813000

Top Delivery Percentage

Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Hdfc Asset Management Co 2181.35 11.49 5461044 0 0 Nifty50 17825.25 0.72 84774
Escorts Kubota Limited 1842.55 9.58 2285882 0 0 Niftybank 39239.65 0.51 84780
Honeywell Auto India Ltd 42503.35 6.55 51179 0 0 Nifty it 29909 0.08 84780
Apollo Tyres Ltd. 250.15 5.95 20112566 0 0 India Vix 17.68 0.43 84777
Samvardhana Motherson 128.55 4.73 14915989 0 0 Nifty Fmcg 42964.1 1.19 84780
Hdfc Life Insurance Comp 570.6 4.71 9780995 0 0 Nifty Pharma 12933.85 0.54 84780
Icici Lombard General In 1296 4.7 709618 0 0 Nifty Realty 452 1.97 84780
Mrf Ltd. 86971.45 4.62 28904 0 0 Nifty Auto 13250 2.52 84783
Adaniports 824.15 4.54 6820860 0 0 Nifty Metal 5893.4 0.68 84783
Bosch Limited 18044.25 4.54 95435 0 0 Nifty Financial Services 18191.35 0.75 84783


   Domestic                                                                                                                                                  International
INR:  FX Reserves, USD on 19th August, 2022

INR: GDP Quarterly (YoY) (Q1) on 31st August, 2022

 USD : Core Retail Sales (MoM) (Jul) on 17th August, 2022

USD : Crude Oil Inventories on 17th August, 2022


  • India’s wholesale inflation fell to the lowest since February. Inflation, as measured by the Wholesale Price Index, stood at 13.93% in July 2022 against 15.18%, according to data released by the Ministry of Commerce and Industry on Tuesday. The gauge fell 0.13% over the previous month compared with a 0.65% decline in June.

  • New age insurer Go Digit General Insurance filed its draft red herring prospectus (DRHP) with the markets regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The public issue consists of a fresh issue of equity shares worth up to Rs 1,250 crore and an offer-for-sale (OFS) up to 109,445,561 equity shares by promoter and selling shareholders.

  • Board of Directors of the Samvardhana Motherson International in its meeting held today, i.e., August 16, 2022, has recommended issue of bonus shares in the ratio of 1 (one) bonus equity share against 2 (two) existing equity shares

  • India’s stock benchmarks rose on Tuesday, aided by gains in auto, energy, oil and gas, fmcg and power stocks, amid slid in brent crude prices. Sensex and Nifty have risen for six days in a row, equalling the longest winning streak in 2022, so far.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
7NR Right Issue of Equity Shares;Rights Issue 17-Aug-22 SEACOAST Right Issue of Equity Shares;General 18-Aug-22
ARISINT Preferential Issue of shares 17-Aug-22 SHRENTI A.G.M.;General 18-Aug-22
GAIL General 17-Aug-22 SWOEF A.G.M. 18-Aug-22
GRMOVER Interim Dividend 17-Aug-22 UDAYJEW A.G.M. 18-Aug-22
INNOVATORS A.G.M.;General 17-Aug-22 BCCL A.G.M.;General 19-Aug-22
ISHWATR General 17-Aug-22 CHITRTX General 19-Aug-22
RITHWIKFMS A.G.M.;General 17-Aug-22 EVANS A.G.M. 19-Aug-22
SMAUTO A.G.M.;General 17-Aug-22 GENSOL General;Preferential Issue of shares;Rights Issue 19-Aug-22
SPRAYKING Right Issue of Equity Shares 17-Aug-22 INDSILHYD General 19-Aug-22
AMANITRA Issue Of Warrants;General;Preferential Issue of shares 18-Aug-22 ITL A.G.M.;General 19-Aug-22
BEML Scheme of Arrangement 18-Aug-22 PICCADIL Final Dividend 19-Aug-22
JSGLEASING Increase in Authorised Capital;Issue Of Warrants;General 18-Aug-22 RAMASTEEL Issue Of Warrants;Preferential Issue of shares 19-Aug-22
MAXIMUS Stock  Split 18-Aug-22 INDOCITY A.G.M. 20-Aug-22
MIDEASTP A.G.M. 18-Aug-22 INSECTICID Bonus issue;General 20-Aug-22
NARBADA A.G.M. 18-Aug-22 MEL A.G.M. 20-Aug-22
NOL General 18-Aug-22 GILLETTE Audited Results;Final Dividend 22-Aug-22
RAYALEMA A.G.M.;General;Preferential Issue of shares 18-Aug-22 HATSUN A.G.M. 22-Aug-22
ROYALCU Quarterly Results 18-Aug-22 ORCHASP A.G.M. 22-Aug-22


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
APLLTD 17-Aug-22 Int. Div. Rs.10 ELIXIR 18-Aug-22 Final Dividend Rs.1.25
BAIDFIN 17-Aug-22 Final Dividend Rs.0.10 GREENPLY 18-Aug-22 Final Dividend Rs. 0.5
BBTC 17-Aug-22 Dividend Rs.1.2 INDOBORAX 18-Aug-22 Final Dividend Rs.1
CONCOR 17-Aug-22 Final Dividend Rs.1.25 IRCTC 18-Aug-22 Final Dividend Rs.1.5
EVERESTIND 17-Aug-22 Final Dividend Rs. 6 ISEC 18-Aug-22 Final Dividend Rs.12.75
JAGRAN 17-Aug-22 Int. Div. Rs.4 JAYSYN 18-Aug-22 Dividend Rs.0.30
LGBBROSLTD 17-Aug-22 Dividend Rs.15 JKTYRE 18-Aug-22 Dividend Rs.1.5
MANAPPURAM 17-Aug-22 Int. Div. Rs.0.75 KSE 18-Aug-22 Final Dividend Rs.20
MARALOVER 17-Aug-22 Dividend Rs.2 KTKBANK 18-Aug-22 Final Dividend Rs.4
RECLTD 17-Aug-22 Bonus issue 1:3 MAGNAELQ 18-Aug-22 Final Dividend Rs. 2.5
RELAXO 17-Aug-22 Final Dividend Rs.2.5 NAUKRI 18-Aug-22 Final Dividend Rs. 5
SAICOM 17-Aug-22 Split Rs.10/- to Rs.1/- NEAGI 18-Aug-22 Final Dividend Rs. 20
SHIVAMILLS 17-Aug-22 Final Dividend Rs.1.2 ONGC 18-Aug-22 Final Dividend Rs.3.25
STARTECK 17-Aug-22 Final Dividend Rs.0.25 PAGEIND 18-Aug-22 Int. Div.
YSL 17-Aug-22 Final Dividend Rs.200 PERFEPA 18-Aug-22 Int. Dividend
APOLLOHOSP 18-Aug-22 Dividend Rs. 11.75 PFIZER 18-Aug-22 Dividend Rs.35
BERGEPAINT 18-Aug-22 Dividend Rs. 3.10 PHCAP 18-Aug-22 Int. Div.
CANFINHOME 18-Aug-22 Final Dividend Rs.1.5 POLYSPIN 18-Aug-22 Final Dividend Rs. 0.6
DYNAMATECH 18-Aug-22 Int. Div. Rs.3 QUICKHEAL 18-Aug-22 Final Dividend Rs.4.5
ECORECO 18-Aug-22 Final Dividend Rs.1 RELIANCE 18-Aug-22 Final Dividend Rs.8

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