NIFTY opened at 18185 with a gap down of 72 points. The index slightly moved lower for the first 5 minutes of trading and recorded its intraday low at 18119.65. Prices then started a process of consolidation. Short-term support was visible around 18150and the index bounced up from that support and rallied   to record its intraday high at 18286.95. Prices again moved down in the last 30 minutes of trading and finally closed at 18255.75 almost at yesterday ‘s closing prices with a loss of just 2.05 points or  0.01% down. The REALTY and IT sectors have outperformed today and closed higher by 1.15% & 0.57%.The rest of the sectoral indices have seen a decline today and closed lower led by FMCG and PHARMA.

The short-term trend is up and it will be up as long as prices are trading above 18000 levels. On Monday we should look for a buying opportunity as the index is moving sideways for the last three trading days. The long-term trend is up now which was sideways before while the long-term momentum is moving within the strength zone with full strength.



BANK NIFTY opened at 38302.35 with a gap down of 163 points. The index slight y moved higher and then started moving lower. Prices have recorded its intraday low at 38007.75 and then started rising again. This time the rally lasted for the rest of the day, prices recorded its intraday high at 38448.05 and finally closed at 38312.80 with a loss of 153 points.

PVT and PSU BANKS both indices have performed almost same today, saw a minor decline and closed lower by 0.22% and 0.13% respectively. Within the index, in terms of points, HDFC BANK contributed the highest while AXIS BANK contributed the lowest.

Decline continued for the second consecutive trading day where a gap down remined intact despite of a sharp intraday rally and the index ended with loss almost at its opening tick. The short-term trend is still up as prices are making a pattern of higher Highs and Higher Lows. First sign of a change will come when index closes below the swing high around 37600.


BEL 220 BUY The stock is on the verge of giving the breakout on the intraday as well as the daily chart. The stock can be buy above 221 with a stop loss of 218 and for the target of 225.
BAJAJFNSV 18209 BUY The  immediate trend of the script is bullish. There is a positive cross over of moving averages  as well as of the indicators therefore  it can be buy above 18220 with a stop loss of 18080 and target  of 18500.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
IRCTC   920 CE BUY 26 CMP 18 40 OI Increase
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
IEX.Jan 27 267.3 0.02 2.67 41546250 MOTHERSUMI.Jan 27 186.1 21479500
KOTAKBANK.Jan 27 1934.3 0.02 0.19 13192800 MINDTREE.Jan 27 4562 2963400
GNFC.Jan 27 488.4 0.03 6.92 3595800 BIOCON.Jan 27 356.65 21235900
ASHOKLEY.Jan 27 138.2 0.04 2.69 31108500 AUBANK.Jan 27 1265.6 3180500
PEL.Jan 27 2648.9 0.04 1.5 3368475 AUROPHARMA.Jan 27 698.25 15862500
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
SRF.Jan 27 2658.4 0.02 -0.38 3044250 FSL.Jan 27 178.1 -2.41 -3.04 11960000
IPCALAB.Jan 27 1061.5 0.07 -0.57 1796400 METROPOLIS.Jan 27 3048.05 -2.1 -0.28 564800
DEEPAKNTR.Jan 27 2661.65 0.1 -0.75 1893750 PERSISTENT.Jan 27 4459.95 -1.62 -0.92 599400
BOSCHLTD.Jan 27 17501.15 0.2 -1.06 144900 HDFC.Jan 27 2717.2 -1.5 -0.54 12927300
INDHOTEL.Jan 27 211.85 0.21 -1.15 11708042 M&MFIN.Jan 27 165.3 -1.4 -2.1 29496000


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Hindustan Unilever Ltd 2363.7 -2.09 1595418 0 79.01 Nifty 50 18255.75 -0.01 72822
Crompton Greaves Consume 446.65 -0.45 1133406 0 78.64 Nifty Bank 38370.4 -0.26 72822
Icici Lombard General In 1415.55 0.39 357395 0 72.97 Nifty it 38826.85 0.57 72822
Max Financial Services l 1031.3 -1.87 604705 0 71.94 Nifty Auto 11643.05 -0.37 72822
Marico Limited 499.55 -0.24 637817 0 71.53 Nifty Metal 5871.4 -0.19 72822
Honeywell Auto India Ltd 44556.2 1.02 3932 0 71.47 India Vix 16.56 -0.84 72822
Hdfc Ltd. 2712.45 -1.58 1765170 0 70.05 Nifty Pharma 13964.15 -0.62 72822
Petronet Lng Limited 226.15 0.11 800661 0 68.55 Nifty Fmcg 37816 -0.71 72822
Piind 2804 -1 368198 0 67.69 Nifty Realty 509.6 1.15 72822
Escorts India Ltd. 1869.3 0.58 719257 0 65.87 Nifty Financial Services 18566.1 -0.25 72822


   Domestic                                                                                                                                                  International
INR:  FX Reserves, USD on 21st January, 2022

INR:  Bank Loan and Deposit growth  on 21st January, 2022

•USD:  API Weekly Crude Oil Stock on 19th January 2022

•USD : Building Permits (Dec) on 19th January 2022


  • Maruti Suzuki India (MSI) on Saturday said it has increased prices of its models by up to 4.3 per cent with immediate effect to partially offset the impact of the rise in input costs. The company has enhanced prices across its models in the range of 0.1 per cent to 4.3 per cent owing to increase in various input costs.

  • Sequent Scientific, an animal health firm, on Friday said it has appointed Rajaram Narayanan as MD and CEO for five years, with effect from April 11, 2022. Narayanan replaces Manish Gupta who has put in his papers.

  • HCL Technologies Ltd.’s revenue rose, in line with estimates, in the third quarter, led by a recovery in products business, deal wins and rising demand for digital services. The software services exporter saw its revenue increase 8.1% sequentially to Rs 22,331 crore in the three months ended December, according to its exchange filing. Net profit rose 5.6% to Rs 3,442 crore, against the Rs 3,374-crore forecast.

  • AGS Transact Technologies has priced its initial public offering (IPO) between Rs166 to Rs175 per share. Bids can be made for a minimum of 85 Equity Shares and in multiples of 85 Equity Shares after that. The IPO is an offer for sale of Rs680 crore. The IPO will open on January 19 and conclude on January 21. The company is a payment solutions provider in India, providing digital and cash-based solutions to banks and corporates.

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


Company Name Purpose Ex-Date Company Name Purpose Ex-Date
AARSHYAM Quarterly Results 17-Jan-22 KPEL Interim Dividend;Quarterly Results 17-Jan-22
ACEMEN Quarterly Results 17-Jan-22 KPIGLOBAL Interim Dividend;Quarterly Results 17-Jan-22
ADVIKCA Results;Right Issue of Equity Shares 17-Jan-22 KREONFIN Quarterly Results 17-Jan-22
ANGELONE Interim Dividend;Quarterly Results 17-Jan-22 MAHSCOOTER Quarterly Results 17-Jan-22
ARFIN Quarterly Results 17-Jan-22 MCLOUD Quarterly Results 17-Jan-22
ARTSONEN Quarterly Results 17-Jan-22 MFSINTRCRP Quarterly Results 17-Jan-22
BCPL General 17-Jan-22 MINDSPACE General 17-Jan-22
BEPL Interim Dividend;Quarterly Results 17-Jan-22 MOSCHIP Quarterly Results 17-Jan-22
FCL ESOP;Quarterly Results;General 17-Jan-22 NARBADA General 17-Jan-22
GOODLUCK Quarterly Results 17-Jan-22 NAZARA Preferential Issue of shares 17-Jan-22
HATHWAY Quarterly Results 17-Jan-22 PODARPIGQ Quarterly Results 17-Jan-22
HEXATRADEX Quarterly Results 17-Jan-22 SONATSOFTW Quarterly Results 17-Jan-22
HFCL Quarterly Results 17-Jan-22 SYLPH General 17-Jan-22
INDOCITY Quarterly Results 17-Jan-22 TATASTLLP Audited Results;Quarterly Results 17-Jan-22
JETINFRA General 17-Jan-22 TATVA Quarterly Results 17-Jan-22
JINDCAP General 17-Jan-22 TIGERLOGS Quarterly Results;General 17-Jan-22
KAJARIR Quarterly Results 17-Jan-22 ULTRACEMCO Quarterly Results 17-Jan-22


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
ELDEHSG 17-Jan-22 Stock  Split From Rs.10/- to Rs.2/- CHOICEIN 19-Jan-22 Right Issue of Equity Shares
HGS 17-Jan-22 Interim Dividend – Rs. – 150.0000 TCS 19-Jan-22 Interim Dividend – Rs. – 7.0000
NAUKRI 17-Jan-22 Interim Dividend – Rs. – 8.0000 HCLTECH 20-Jan-22 Interim Dividend – Rs. – 10.0000
JOONKTOLL 18-Jan-22 Right Issue of Equity Shares MAHACORP 20-Jan-22 E.G.M.
ANANDRATHI 19-Jan-22 Interim Dividend – Rs. – 5.0000 RAILTEL 20-Jan-22 Interim Dividend – Rs. – 1.7500

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