The NIFTY opened at 18382.95 with a gap up of just 39 points. Prices have initially moved down after recording its intraday high at 19394.60 in its initial trades. A sharp decline brought prices below 18250 and then the index started a consolidation process. Prices recorded its intraday low at 18209.80 and then bounced up. A sharp rally came in the late hour of trading and the NIFTY finally closed at 18307.65 with a loss of 36.25 points or 0.20% down. All the sectoral indices have closed lower except REALLY which ended with minor gains. AUTO led the bears today by closing 1.18% lower followed by OIL GAS which ended with a loss of 0.72%. Traders should look for a buying opportunity on a breakout above 18500 or sell short on a breakdown below 18200. Keep a stop of 80 points and a target of 240 points from your entry price. In case of a gap apply the first 15-minute rule.


The BANK NIFTY opened at 42545.75 with a gap up of 119 points. The index initially consolidated for a brief time and broke on the downside after recording its intraday high at 42590.75. Prices have seen a sharp decline and then found intraday support around 42250. The index recorded its intraday low at 42223.70, saw some recovery in the late hour of trading, and finally closed at 42422.65 without much of a change when compared to yesterday’s closing price. PSU BANKS have outperformed today and closed higher by 1.53%. PVT BANKS have underperformed today and ended lower by 0.40%. Within the index, in terms of points, SBIN contributed the highest on the upside while HDFC BANK contributed the lowest. Traders should look for a buying opportunity above 42700 or a shorting opportunity below 42000. Keep a stop of 300 points and a target of 1200 points. In case of a gap apply the first 15 minutes rule. The short-term trend is up. Today the index moved very volatile and ended almost on a flat note. A narrow trading range remained intact for the past seven trading days. This narrow range suggests a sharp move is about to come. Take trade in the direction of a breakout.


HCL TECH 1105.60 BUY The stock has given a breakout on the intraday as well as the daily chart. The stock can be bought at 1105.60 with a stop loss of 1099.90 and a target of 1117.10.
 COAL INDIA 229.55 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold at 229.55 with a stop loss of 230.85 and a target of 226.95.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
SBIN 7000 CE BUY 8.60 CMP 6.70 14.50 BREAKOUT
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
PNB.22.11 Nov 45.8 2.81 9.91 234304000 GLENMARK.22.11 Nov 410.2 -4.47 1.77 7334700
MGL.22.11 Nov 898.6 2.1 3.66 2695200 RAIN.22.11 Nov 167.05 -3.72 4.05 10241000
MFSL.22.11 Nov 665.55 1.98 3.8 2557750 MANAPPURAM.2211Nov 111.55 -3.59 1.63 30360000
HONAUT.22.11 Nov 41219.8 1.98 0.4 26565 BEL.22.11 Nov 107.7 -2.97 3.48 80102100
INDIGO.22.11 Nov 1781.2 1.63 0.34 3977100 DALBHARAT.22.11 Nov 1676 -2.63 1.67 1308000
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
NMDC.22.11 Nov 111.65 5.08 -13.23 24528700 NAVINFLUOR.22.11 Nov 4284.8 -3.83 -4.02 333225
BSOFT.22.11 Nov 286.15 3.49 -1.3 9597900 CUB.22.11 Nov 182.7 -2.72 -0.96 7770000
CHOLAFIN.22.11 Nov 716.8 2.45 -0.97 7618750 M&M.22.11 Nov 1231.5 -2.59 -1.41 10031000
BALRAMCHIN.2211Nov 353.9 1.48 -3.84 8059200 LUPIN.22.11 Nov 723 -2.09 -0.68 6817850
PFC.22.11 Nov 124.8 1.22 -2.27 42643600 DEEPAKNTR.22.11 Nov 2099.55 -2 -5.29 1468500


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Nmdc Limited 111.1 5.16 20121459 0 45.54 Nifty50 18307.65 -0.2 103194
Birlasoft Limited 285.95 3.81 3820918 0 34.58 Niftybank 42437.45 -0.05 103128
Punjab National Bank 45.85 3.5 1.72E+08 0 18.15 Nifty it 29669.25 -0.04 103128
Cholamandalam Investment 713.8 2.34 3429218 0 41.67 India Vix 14.39 -3.29 103596
Honeywell Auto India Ltd 41020.45 2.02 6398 0 32.3 Nifty Fmcg 43747 -0.22 103128
Mahanagar Gas Limited 896.75 2.01 641035 0 38.88 Nifty Pharma 12861.4 -0.67 103128
Indigo 1782.95 1.96 725512 0 50.36 Nifty Realty 448.8 0.1 103128
Max Financial Services l 661.5 1.76 539822 0 57.21 Nifty Auto 12774.9 -1.18 103128
Indraprastha Gas Limited 418.05 1.46 4557223 0 33.78 Nifty Metal 6444.4 -0.18 103128
Power Finance Corporatio 124.85 1.46 12096125 0 64.95 Nifty Financial Services 19070.95 -0.03 103128


   Domestic                                                                                                                                                  International
INR: FX Reserves, USD on 25th  November, 2022

INR: GDP Quarterly (YoY) (Q2) 30th  November, 2022

 USD: Building Permits on 23rd  November, 2022

USD: Initial Jobless Claims on 23rd  November, 2022


  • Indian stock benchmarks ended lower on Friday, snapping a four-week gaining streak dragged by declines in auto, energy, and oil and gas stocks. The Sensex fell 0.11% to close at 61,679.71 on Friday, while the Nifty 50 closed 0.20% lower at 18,307.65.

  • The Reserve Bank of India forecasts India’s second-quarter economic growth to be between 6.1% and 6.3%. “If this is realised, India is on course for a growth rate of about 7% in FY23,” the central bank said in its November monthly bulletin.

  • The government has cut export duty on steel products and iron ore with effect from Saturday, six months after the imposition of the levy. Exports of specified pig iron and steel products as well as iron ore pellets will attract ‘nil’ export duty, according to a finance ministry notification issued late night on Friday.

  • Yatra Online Inc said its Indian subsidiary Yatra Online Ltd has received capital markets regulator Sebi’s clearance to float an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares worth up to Rs 750 crore by Yatra India and an offer for sale (OFS) of up to 9,328,358 equity shares, according to the draft red herring prospectus (DRHP).

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
ALAN SCOTT Right Issue of Equity Shares;General 18-Nov-22 RHIM General;Preferential Issue of shares 19-Nov-22
BI Quarterly Results 18-Nov-22 TELESYS General 19-Nov-22
BRFL Quarterly Results 18-Nov-22 ACHYUT Increase in Authorised Capital;Preferential Issue of shares 21-Nov-22
FRONTFN Quarterly Results 18-Nov-22 ARIHANTINS Half Yearly Results 21-Nov-22
INDINFO Right Issue of Equity Shares 18-Nov-22 COSPOWER Half Yearly Results;General 21-Nov-22
JAYSHREETEA General;Scheme of Arrangement 18-Nov-22 GUJTHEM Interim Dividend 21-Nov-22
KHYATI Reduction of Capital 18-Nov-22 IKFTECH General 21-Nov-22
OONE General;Quarterly Results 18-Nov-22 PANKAJPIYUS General 21-Nov-22
RAMASTEEL Bonus issue;General 18-Nov-22 SPRAYKING Rights Issue 21-Nov-22
SDBL Interim Dividend;General 18-Nov-22 TRIVENIGQ General 21-Nov-22
SELLWIN General 18-Nov-22 UNIWSEC Quarterly Results 21-Nov-22
TIRTPLS Quarterly Results 18-Nov-22 HARISH General 22-Nov-22
TRL Issue Of Warrants;General 18-Nov-22 NITCO General;Quarterly Results 22-Nov-22
VKAL Quarterly Results 18-Nov-22 PTC Quarterly Results;Audited Results;Final Dividend 22-Nov-22
EFCIL General 19-Nov-22 SIEMENS Audited Results;Final Dividend 22-Nov-22
MLKFOOD Interim Dividend 19-Nov-22 TRINITYLEA Preferential Issue of shares 22-Nov-22


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
BAYERCROP 17-Nov-22 Interim Dividend – Rs. – 100 3MINDIA 21-Nov-22 Special Dividend – Rs. – 850
VIDHIING 17-Nov-22 Interim Dividend – Rs. – 0.40 BALKRISIND 21-Nov-22 Interim Dividend – Rs. – 4
ASTRAL 18-Nov-22 Interim Dividend – Rs. – 1.25 BELLACASA 21-Nov-22 Interim Dividend – Rs. – 0.70
DATAINFRA 18-Nov-22 Income Distribution (InvIT) COCHINSHIP 21-Nov-22 Interim Dividend – Rs. – 7
EMAMILTD 18-Nov-22 Interim Dividend – Rs. – 4 EASEMYTRIP 21-Nov-22 Bonus issue 3:1
ESABINDIA 18-Nov-22 Interim Dividend – Rs. – 30 EASEMYTRIP 21-Nov-22 Stock  Split Rs.2/- to Rs.1/-
GPPL 18-Nov-22 Interim Dividend – Rs. – 2.70 MAZDOCK 21-Nov-22 Interim Dividend – Rs. – 9.10
HAL 18-Nov-22 Interim Dividend – Rs. – 20 NATCOPHARM 21-Nov-22 Interim Dividend – Rs. – 0.75
LAOPALA 18-Nov-22 Interim Dividend – Rs. – 2 OIL 21-Nov-22 Interim Dividend – Rs. – 4.50
MINDSPACE 18-Nov-22 Income Distribution RITES ONGC 21-Nov-22 Interim Dividend – Rs. – 6.75
MSTC 18-Nov-22 Interim Dividend – Rs. – 5.50 PETRONET 21-Nov-22 Special Dividend – Rs. – 7
NAUKRI 18-Nov-22 Interim Dividend – Rs. – 10 PRAVEG 21-Nov-22 Final Dividend – Rs. – 4
STANCAP 18-Nov-22 E.G.M. TIDEWATER 21-Nov-22 Interim Dividend – Rs. – 12
SUNTV 18-Nov-22 Interim Dividend – Rs. – 3.75 ASMTEC 22-Nov-22 Interim Dividend – Rs. – 1
VENUSPIPES 18-Nov-22 Interim Dividend – Rs. – 0.50 CONCOR 22-Nov-22 Interim Dividend – Rs. – 3
 MANINFRA 21-Nov-22 Interim Dividend – Rs. – 0.90 EIDPARRY 22-Nov-22 Interim Dividend – Rs. – 5.50

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