The NIFTY opened at 17438.75 with a big gap up of 127 points. The index initially moved higher after recording its intraday low at 17434.05 in its early trades. The index crossed above 17500 and then went higher to record its intraday high at 17527.80. Prices faced resistance there and moved down which eventually turned into a consolidation. The index moved sideways for the second half and traded in a tight, narrow range. Prices finally closed at 17486.95 near its opening tick with a gain of 175.15 points or 1.01% up. All the sectoral indices have performed well today and closed higher. MEDIA outperformed today by closing more than 2% higher. PHARMA underperformed today by closing just 0.20% higher. We have suggested, “Look to buy on a breakout above 17400. In case of a gap above 17400, buy above the first 15 minutes of high. Keep a stop of 80 points and a target of 240 points. The index opened well above 17400 so we waited for the first 15-minute high, recorded at 17493. Our long trade is executed when prices break above this level. The suggested stop and target did not breach during the day so this trade remained intact. Stay long with a stop at 17400 and a target at 17740.


The BANK NIFTY opened at 40252.05 with a big gap-up of 293 points. The index initially went lower but quickly found support and turned around after recording its intraday low at 40139.85. Prices saw a minor correction and then resumes their up move to record their intraday high at 40435.35. The index finally closed at 40303.95 with a gain of 344 points. PSU BANKS have outperformed today, saw a sharp intraday rally, and closed higher by 3.97%. PVT BANKS have also moved up today and ended with a gain of 0.67%. Within the index, in terms of points, SBIN contributed the highest on the upside while HDFC BANK contributed the lowest. We were long in the index form 39600; today, we have suggested staying long with a stop at 39600 and a target at 40400. Prices have moved higher and met our target. So, this trade dosed today with a gain of 800 points. The short-term trend is up as we saw a breakout from yesterday’s trading range. We should look for buying only as far as prices are moving above 39500 support.


POLYCAB 2749.05 BUY The stock is on the verge of a breakout on intraday as well as the daily chart. The stock can be bought above 2770.70 with a stop loss of 2727.90 and for the target of 2835.
AARTI IND 744.90 SELL The stock has given the breakdown on the intraday as well as the daily chart. The stock can be sold at 737.90 with a stop loss of 745.30 and for the target of 725.60.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
MRF (27 OCT)  83500  (CE) BUY 1550.85 CMP 1250 1850 BREAKOUT
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
BHEL.22.10 Oct 68.45 8.39 16.67 1.5E+08 MOTHERSON.22.10 Oct 64.25 -7.29 30.01 85644000
POLYCAB.22.10 Oct 2772.95 6.13 18.86 1075800 NAVINFLUOR.22.10 Oct 4304.85 -2.74 9.19 627975
CANBK.22.10 Oct 250.6 5.18 0.94 40872600 AMBUJACEM.22.10 Oct 511.4 -1.98 1.47 61669800
HAL.22.10 Oct 2493.55 5.03 3.54 3901175 ACC.22.10 Oct 2227.85 -1.87 1.57 4735000
TVSMOTOR.22.10 Oct 1132 4.96 22.74 6832000 NMDC.22.10 Oct 131.7 -1.27 7.82 51211450
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
PNB.22.10 Oct 38.9 4.99 -4.01 2.36E+08 AARTIIND.22.10 Oct 748.05 -5.45 -48.81 1080350
CANFINHOME.2210Oct 524.2 4.37 -17.62 5930925 INDIACEM.22.10 Oct 230.95 -1.41 -3.23 13215300
WHIRLPOOL.22.10 Oct 1626.45 4.27 -1.5 664650 IBULHSGFIN.22.10 Oct 124.25 -1.27 -0.49 38520000
BEL.22.10 Oct 106.45 4.11 -0.65 76471200 ZYDUSLIFE.22.10 Oct 415.5 -0.76 -1.09 11743200
SRTRANSFIN.22.10 Oct 1225.05 2.85 -1.09 4012800 COROMANDEL.22.10 Oct 967.45 -0.29 -1.58 1173900


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Atul Ltd. 8661 -0.85 24499 0 89.53 Nifty50 17486.95 1.01 74259
Whirlpool 1600.65 2.86 47616 0 78.24 Niftybank 40318.75 1 74259
Icici Lombard General In 1149.4 1.51 1490981 0 76.77 Nifty it 28315.2 1.06 74259
Sbi Life Insurance Compa 1219.05 2.46 1367697 0 71.78 India Vix 17.45 -5.27 74259
Bharti Airtel Limited 783.15 2.24 4391110 0 70.94 Nifty Fmcg 43715.75 1.23 74259
Rec Limited 93.9 2.45 8151964 0 70.34 Nifty Pharma 13008.25 0.2 74259
Metropolis Healthcare Li 1543.9 -0.96 125978 0 69.88 Nifty Realty 425.45 1.72 74259
Ntpc Limited 166.95 -0.89 20635449 0 69.77 Nifty Auto 12732.65 1.35 74259
Piind 3088.95 0.99 293883 0 69.39 Nifty Metal 5775.05 1.11 74259
Larsen & Toubro Limited 1918.1 1.85 1401829 0 68.19 Nifty Financial Services 18021.3 0.63 74259


   Domestic                                                                                                                                                  International
INR: M3 Money Supply on 20th October, 2022

INR: FX Reserves, USD on 21st October, 2022

 USD: Crude Oil Inventories on 19th October, 2022

USD: Building Permits (Sep) on 19th October, 2022


  • Indian benchmark indices ended on positive note for the third straight session on October 18 with Nifty finishing near to 17,500. At Close, the Sensex was up 549.62 points or 0.94% at 58,960.60, and the Nifty was up 175.20 points or 1.01% at 17,487. About 2007 shares have advanced, 1332 shares declined, and 119 shares are unchanged.
  • Shares of Electronics Mart India continued to see buying interest for the second straight session on October 18 after Nippon India Mutual Fund bought an additional 0.6 percent equity stake in the company through open market transactions.
  • Shares of TVS Motor Co. Ltd. hit a 52-week high after UBS Securities India Pvt. hiked target price in anticipation of the Chennai-based automaker emerging as a leader in the electric two-wheeler space.
  • Boeing Co. is offering 737 Max jets once slated for Chinese customers to Air India Ltd. as the planemaker tries to offload some of the roughly 140 aircraft it’s currently not allowed to deliver.
Source: Economic Times,  Indian Express, Business Today, Livemint, Business Standard, Bloomberg Quint


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
5PAISA General;Quarterly Results 19-Oct-22 METROBRAND Quarterly Results 19-Oct-22
7NR Bonus issue;Quarterly Results 19-Oct-22 MFSL Quarterly Results 19-Oct-22
ACCELYA Quarterly Results 19-Oct-22 NAM-INDIA Interim Dividend;Quarterly Results 19-Oct-22
ADVIKCA General;Quarterly Results 19-Oct-22 NAVINFLUOR Interim Dividend;Quarterly Results 19-Oct-22
AGRITECH Quarterly Results 19-Oct-22 NESTLEIND Quarterly Results;Interim Dividend 19-Oct-22
ANSALAPI Preferential Issue of shares;General 19-Oct-22 OFSS Quarterly Results 19-Oct-22
ATFL Quarterly Results 19-Oct-22 PERSISTENT General;Quarterly Results 19-Oct-22
AUBANK Quarterly Results 19-Oct-22 PRERINFRA Quarterly Results 19-Oct-22
BAJAJST Quarterly Results 19-Oct-22 PULSRIN Quarterly Results 19-Oct-22
BAMPSL Quarterly Results 19-Oct-22 QUICKHEAL Quarterly Results 19-Oct-22
CGPOWER Quarterly Results 19-Oct-22 RALLIS Quarterly Results 19-Oct-22
CNIRESLTD Quarterly Results 19-Oct-22 RAWEDGE General;Quarterly Results 19-Oct-22
DBCORP Quarterly Results 19-Oct-22 RBL Quarterly Results 19-Oct-22
DCMNVL Quarterly Results 19-Oct-22 SAGCEM Quarterly Results 19-Oct-22
DCMSHRIRAM Quarterly Results;Interim Dividend 19-Oct-22 SAMOR Right Issue of Equity Shares 19-Oct-22
EMUDHRA Quarterly Results 19-Oct-22 SCAPDVR Quarterly Results 19-Oct-22
EVEXIA Quarterly Results 19-Oct-22 SHABCHM Quarterly Results 19-Oct-22
GGL Rights Issue 19-Oct-22 SHAMROIN Quarterly Results;General 19-Oct-22
GICRE General 19-Oct-22 SHEMAROO Quarterly Results 19-Oct-22
HATSUN Quarterly Results 19-Oct-22 SHISHIND Quarterly Results 19-Oct-22
HAVELLS Quarterly Results 19-Oct-22 SHOPERSTOP General;Quarterly Results 19-Oct-22
HDFCAMC Quarterly Results 19-Oct-22 SHRIGANG Quarterly Results;General 19-Oct-22
HKG General 19-Oct-22 SOFCOM Quarterly Results 19-Oct-22
HOMEFIRST Quarterly Results 19-Oct-22 SRDAPRT Quarterly Results 19-Oct-22
IIFLWAM Interim Dividend;Quarterly Results 19-Oct-22 STAMPEDE Quarterly Results 19-Oct-22
INDUSINDBK Quarterly Results 19-Oct-22 STCORP Quarterly Results 19-Oct-22
INOXLEISUR General;Quarterly Results 19-Oct-22 SUPRAP General 19-Oct-22
INOXWIND General 19-Oct-22 SURJIND Quarterly Results;General 19-Oct-22
IYKOTHITE General 19-Oct-22 SYNGENE Quarterly Results 19-Oct-22
JCHAC Quarterly Results 19-Oct-22 TECHIN Quarterly Results 19-Oct-22
JK AGRI Quarterly Results 19-Oct-22 TIGERLOGS General;Quarterly Results 19-Oct-22
KIRLPNU Quarterly Results 19-Oct-22 ULTRACEMCO Quarterly Results 19-Oct-22
KPEL Interim Dividend;Quarterly Results 19-Oct-22 VIKASECO Quarterly Results 19-Oct-22
MAHSCOOTER Quarterly Results 19-Oct-22 WENDT Quarterly Results 19-Oct-22


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
AARTIIND 19-Oct-22 Spin Off FOCUS 28-Oct-22 Interim Dividend – Rs. – 0.3800
HCLTECH 19-Oct-22 Interim Dividend – Rs. – 10.0000 IIFLWAM 28-Oct-22 Interim Dividend
TPLPLAST 19-Oct-22 Stock  Split From Rs.10/- to Rs.2/- KPIGREEN 28-Oct-22 Interim Dividend
UHZAVERI 19-Oct-22 Bonus issue 2:3 SANINFRA 28-Oct-22 Stock  Split From Rs.10/- to Rs.1/-
ANANDRATHI 20-Oct-22 Interim Dividend – Rs. – 5.0000 ASIANPAINT 31-Oct-22 Interim Dividend
ANGELONE 20-Oct-22 Interim Dividend – Rs. – 9.0000 DCMSHRIRAM 31-Oct-22 Interim Dividend
HILTON 20-Oct-22 Right Issue of Equity Shares ISEC 31-Oct-22 Interim Dividend
IRBINVIT 20-Oct-22 Income Distribution (InvIT) NESTLEIND 31-Oct-22 Interim Dividend
JAICORPLTD 20-Oct-22 Dividend – Rs. – 0.5000 SASKEN 31-Oct-22 Interim Dividend
ANJANIFOODS 21-Oct-22 Stock  Split From Rs.10/- to Rs.2/- SYMPHONY 31-Oct-22 Interim Dividend
ATAM 21-Oct-22 Bonus issue 1:1 TDPOWERSYS 31-Oct-22 Stock  Split From Rs.10/- to Rs.2/-
AXITA 21-Oct-22 Stock  Split From Rs.10/- to Rs.1/- BSOFT 01-Nov-22 Interim Dividend
PERFEPA 21-Oct-22 Stock  Split From Rs.10/- to Rs.2/- HINDUNILVR 01-Nov-22 Interim Dividend
REGENCY 21-Oct-22 Bonus issue 1:1 IMFA 01-Nov-22 Interim Dividend
TAINWALCHM 21-Oct-22 E.G.M. KPEL 01-Nov-22 Interim Dividend
TANLA 21-Oct-22 Buy Back of Shares NACLIND 01-Nov-22 Interim Dividend
UNIVPHOTO 21-Oct-22 Special Dividend – Rs. – 10.0000 RKFORGE 01-Nov-22 Interim Dividend
VGIL 21-Oct-22 Final Dividend – Rs. – 0.2000 ROUTE 01-Nov-22 Interim Dividend
CYIENT 25-Oct-22 Interim Dividend – Rs. – 10.0000 SHREDIGCEM 01-Nov-22 Interim Dividend
KSOLVES 25-Oct-22 Interim Dividend – Rs. – 4.5000 VAIBHAVGBL 03-Nov-22 Interim Dividend
BEPL 27-Oct-22 Interim Dividend – Rs. – 1.0000 CRISIL 04-Nov-22 Interim Dividend
ICICIGI 27-Oct-22 Interim Dividend PGHH 04-Nov-22 Final Dividend – Rs. – 65.0000
INFY 27-Oct-22 Interim Dividend – Rs. – 16.5000 PUNITCO 09-Nov-22 Bonus issue 5:1
LTTS 27-Oct-22 Interim Dividend GILLETTE 10-Nov-22 Final Dividend – Rs. – 36.0000
PRANAVSP 27-Oct-22 Amalgamation PGHL 15-Nov-22 Final Dividend – Rs. – 11.5000

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