Morning-outlook-19 aug


The NIFTY opened at 17898.65 with a gap down of 46 points. The index continued moving downwards but found support around 17850 and bounced up sharply. Prices quickly erased all the losses and went above 17950 but found strong resistance there and turned down. A decline again found support around 17850 and prices bounced up after recording their intraday low at 17852.05. The index rallied sharply towards the end of today’s trading session, recorded its intraday high at 17968.45, and finally closed at 17956.50 near its daily highs with a gain of 12.25 points or 0.07% up. REALTY outperformed today and ended with a gain of 1.55% followed by METAL which gained 0.92%. OIL GAS and IT underperformed today and ended with a loss of over half percent. The short-term trend is up. We have a support level of around 17700 in the NIFTY index. A close below this level will indicate avoid buying. Strong support is visible around the 17450 – 17500 zone. A close below this support will suggest us taking short trade in the index. A 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 39324.40 with a gap down of 92 points. In its initial trade, the index recorded its intraday low at 39291.15 and started moving higher. A sharp rally brought prices above 39500 and then the index turned down towards 39300. Prices have again moved up, went above 39600 and recorded their intraday high at 39703.70. The index finally closed at 39670.80 again 254 points. PVT BANKS have outperformed today and ended with a gain of 0.64%. PSU BANKS have underperformed today and ended with a loss of 0.23%. Within the index, in terms of points, KOTAK BANK contributed the highest on the upside while AXIS BANK contributed the lowest. It was a volatile day today in the index where prices have seen moves in both directions in the first half while rallied sharply in the second half and closed which was a gain of a half percent. The last two days of DOJI Pattern resolve on the upside today and the index has ended near its daily highs. The short-term trend is up and prices are now heading towards a psychological resistance at the 40000 mark. Support is visible at around 38000. We should now wait for a dip or some kind of consolidation for fresh trading opportunities


ADANIENT 2272 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  with a stop loss of 2255 and for the target of  2320.
DR REDDY 4390 SELL The  immediate trend of the script is bearish. There is a negative  cross over of moving averages  as well as of the indicators therefore  it can be sell below 4385 with a stop loss of 4430 and target of 4300.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
DEEPAKNTR 1750 CE BUY 70.90 CMP 55 100 OI Increase
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
PFC.22.07 Jul 107.3 0 2.92 31062000 ONGC.22.07 Jul 121.4 -4.18 10.28 86902200
SYNGENE.22.07 Jul 550.65 0 2.75 935000 BALRAMCHIN.22.07 Jul 349.8 -3.48 10 6705600
LT.22.07 Jul 1544.3 0.02 8.48 10452600 NMDC.22.07 Jul 107.1 -1.43 5.87 56079000
RAIN.22.07 Jul 152.8 0.03 1.44 7385000 IOC.22.07 Jul 72.95 -0.95 12.04 65705250
PVR.22.07 Jul 1884.5 0.04 3.07 2023604 COALINDIA.22.07 Jul 181 -0.9 6.33 32827200
                                                                        Short Covering                                                                       Long Unwinding
TATAPOWER.22.07 Jul 214.5 0.52 -0.2 80200125 NTPC.22.07 Jul 139.15 -1.52 -0.2 69682500
FEDERALBNK.22.07 Jul 93.7 0.7 -1.16 70070000 POWERGRID.22.07 Jul 211.85 -1.12 -0.54 55269000
MANAPPURAM.22.Jul 90.65 0.83 -0.86 29064000
EXIDEIND.22.07 Jul 142.1 0.85 -1.6 18399600
MCX.22.07 Jul 1319.8 0.89 -1.1 3132400

Top Delivery Percentage

Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Ipca Laboratories Ltd. 944.05 1.72 378393 0 75.46 Nifty50 15989.8 1.13 77082
Oracle Fin Serv Soft Ltd 3095 1.43 46283 0 69.88 Niftybank 34324.25 1.5 77082
Gujarat State Petronet l 227.2 0.33 1123636 0 69.68 Nifty it 28007.6 1.13 77082
Ambuja Cements Ltd 368.25 0.44 2209031 0 69.41 India Vix 20.27 -2.5 77082
Infosys Limited 1491.65 1.06 5209162 0 69.18 Nifty Fmcg 40740.15 2.64 77082
Honeywell Auto India Ltd 34787.95 5.47 8072 0 68.48 Nifty Pharma 12331.15 0.8 77082
Ultratech Cement Limited 5828.05 1.71 371948 0 67.03 Nifty Realty 400.75 2.27 77082
Icici Bank Ltd. 725.95 0.9 12163533 0 67.01 Nifty Auto 11952.2 2.6 77079
Kotak Mahindra Bank Limi 1704.5 2.49 5572949 0 66.56 Nifty Metal 4665.3 0.03 77079
Hindustan Unilever Ltd 2498.4 4.03 4770394 0 65.58 Nifty Financial Services 15980.25 1.6 77088


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

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

 USD : New Home Sales (Jul) on 23rd August, 2022

USD : Core Durable Goods Orders (MoM) (Jul) on 24th August, 2022


  • India’s stock benchmarks edged higher with Nifty extending its winning streak for eighth day, longest in 21 months, aided by gains in banking, capital goods, realty, telecom, power and utilities stocks. The Sensex and Nifty swung between gains and losses for the bulk of the session before closing near day’s high.

  • Tata Motors wins order of 921 electric buses from Bengaluru Metropolitan Transport Corporation. Tata Motors will supply, operate and maintain 12-metre electric buses for a period of 12 years, as per the contract.

  • Shares of Power Mech Projects Ltd. rose to a record high after the firm received orders worth more than Rs 6,100 crore from the Adani Group. The Hyderabad-based construction engineering company will install 15 flue gas desulphurisation units at Adani’s coal-based units located at Mundra, Tiroda, Kawai and Udupi, according to an exchange filing.

  • India’s largest aggregator of airport lounge services will soon be boarding the flight to Dalal Street. Dreamfolks Services’ initial public offering is expected to open to subscription on August 24, and close on August 26. The anchor portion for the issue will open for bidders a day prior – on August 23.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
AGIOPAPER General 19-Aug-22 INDOCITY A.G.M. 20-Aug-22
BCCL A.G.M.;General 19-Aug-22 INSECTICID Bonus issue;General 20-Aug-22
BHARATGEAR Bonus issue 19-Aug-22 JSL General 20-Aug-22
CHITRTX General 19-Aug-22 KALPACOMME Quarterly Results 20-Aug-22
EVANS A.G.M. 19-Aug-22 MEL A.G.M. 20-Aug-22
GENSOL General;Preferential Issue of shares;Rights Issue 19-Aug-22 SAGRSOY-B General 20-Aug-22
GORANIN Scheme of Arrangement 19-Aug-22 SOBME General;Quarterly Results 20-Aug-22
INDSILHYD General 19-Aug-22 TELESYS General 20-Aug-22
ITL A.G.M.;General 19-Aug-22 VIJAYTX Quarterly Results 20-Aug-22
PALRED A.G.M.;General 19-Aug-22 ADHBHUTIN General;Quarterly Results 22-Aug-22
PICCADIL Final Dividend 19-Aug-22 DATAINFRA General 22-Aug-22
RAMASTEEL Issue Of Warrants;Preferential Issue of shares 19-Aug-22 DRA A.G.M.;General 22-Aug-22
SABOOBR General 19-Aug-22 EIGHTY A.G.M.;General 22-Aug-22
SYSCHEM A.G.M.;General 19-Aug-22 GGPL General 22-Aug-22
TSPIRITUAL General 19-Aug-22 GILLETTE Audited Results;Final Dividend 22-Aug-22
AJWAFUN A.G.M. 20-Aug-22 HATSUN A.G.M. 22-Aug-22
CISTRO General 20-Aug-22 KAMAHOLD Interim Dividend 22-Aug-22
GGL Right Issue of Equity Shares 20-Aug-22 MYMONEY A.G.M. 22-Aug-22


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
ASTRAL 19-Aug-22 Final Dividend Rs.1.75 CRAVATEX 22-Aug-22 Final Dividend Rs.3
BPCL 19-Aug-22 Final Dividend Rs.6 DHUNINV 22-Aug-22 Dividend Rs. 2.5
CHAMBLFERT 19-Aug-22 Final Dividend Rs.3 DSSL 22-Aug-22 Int. Div. Rs.0.5
ECLERX 19-Aug-22 Final Dividend Rs.1 FINOLEXIND 22-Aug-22 Final Dividend Rs.2
GUJGAS 19-Aug-22 Dividend Rs.2 FINOLEXIND 22-Aug-22 Special Dividend Rs.2
HAL 19-Aug-22 Final Dividend Rs.10 GRANULES 22-Aug-22 Buy Back of Shares
KITEX 19-Aug-22 Final Dividend Rs.1.5 HINDPETRO 22-Aug-22 Final Dividend Rs.14
MARKSANS* 19-Aug-22 Final Dividend Rs.0.25 KPEL 22-Aug-22 Int. Div.
NATCOPHARM 19-Aug-22 Int. Div. Rs.3.5 KPIGREEN 22-Aug-22 Int. Div.
ORIENTCQ 19-Aug-22 Final Dividend Rs.7 NH 22-Aug-22 Final Dividend Rs.1
POWERGRID 19-Aug-22 Final Dividend Rs.2.25 NICCOPAR 22-Aug-22 Int. Div. Rs.0.5
SPCAPIT 19-Aug-22 Int. Div. Rs.0.75 STLTECH 22-Aug-22 Final Dividend Rs.0.5
SUNPHARMA 19-Aug-22 Final Dividend Rs.3 TIDEWATER 22-Aug-22 Int. Div.
TBZ 19-Aug-22 Final Dividend Rs.1 WARDINMOBI 22-Aug-22 Final Dividend Rs.0.075
TI 19-Aug-22 Dividend Rs.0.1 JKPAPER 23-Aug-22 Final Dividend Rs.5.5
TIPSINDLTD 19-Aug-22 Final Dividend Rs.2 JUBLINGREA 23-Aug-22 Final Dividend Rs.2.5
UCALFUEL 19-Aug-22 Dividend Rs.2 SCFL 23-Aug-22 Int. Div. Rs.0.3
AEGISLOG 22-Aug-22 Int. Div. Rs.1.5 SUNTV 23-Aug-22 Int. Div. Rs.5
CHEMCON 22-Aug-22 Int. Div. Rs.4 BAPACK 24-Aug-22 Final Dividend Rs.1.5
COMPUAGE 22-Aug-22 Final Dividend Rs.0.20 COCHINM 24-Aug-22 Dividend Rs.1.5

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