The NIFTY opened at 18179.15 with a gap up of 46 points. Prices have initially moved down, filled the gap, and soon found support. The index bounced up after recording its intraday low at 18137.70. Prices have seen a sharp rally and breaks above 18200. The index then started a consolidation process, and prices have locked themselves in a narrow range. This narrow range eventually broke on the upside and prices recorded its intraday high at 18261.85. The index finally closed at 18244.20 near its day highs with a gain of 84.25 points or 0.46% up. All the sectoral indices have closed higher today REALTY which ended with a loss of over 1%. METAL and IT led the bulls today by closing nearly with a 1% gain. Traders should stay short with a stop at 18280 and a target at 17960. However, if the index starts rising before reaching the target, we should also look for a buying opportunity. Look to buy above 18320 with a stop below 18130 and a target around 18560. In case of a gap up above 18320, apply the first 15-minute rule. This means wait till 09:30 AM and then look to buy above the high recorded in those first 15 minutes of trading. In this case, keep a stop of 80 points and a target of 240 points.


The BANK NIFTY opened at 42467.40 with a gap up of 107 points. The index initially moved lower, filled the gap, and fall further to record its intraday low at 42347.5. Prices then moved higher and started a consolidation process. The index broke on the upside and rallied sharply to record its intraday high at 42508.75. Prices have finally closed at 42475 with a gain of 110 points. PSU BANKS have a gain outperformed today and closed higher by 1.66%. PVT BANKS have also moved up today and closed with a gain of just 0.30%. Within the index, in terms of points, INDUSIND BANK 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 5 minutes rule. The short-term trend is up. Today the index again moved very volatile and narrowly. A narrow trading range remained intact for the past eight trading days. This narrow range suggests a sharp move is about to come. Take trade in the direction of a breakout.


BRITANNIA 4157.60 BUY The stock has given a breakout on the intraday as well as the daily chart. The stock can be bought at above 4165 with a stop loss of 4148 and a target of 4198.
 DLF 390.7 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold at 387.8 with a stop loss of 391.3 and a target of 383.1.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
ICICI BANK  29 DEC 930 CE BUY 24.60 CMP 23.10 27.60 BREAKOUT
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
INDUSINDBK.22.11 Nov 1173.05 2.89 2.95 15235200 HINDPETRO.22.11 Nov 212.35 -1.58 7.72 14129100
BANKBARODA2211Nov 166.85 2.74 19.17 71100900 ZYDUSLIFE.22.11 Nov 392.05 -1.43 8.2 8145000
BHEL.22.11 Nov 74.15 2.7 10.18 105147000 MFSL.22.11 Nov 647.2 -1.42 4.26 2148900
HAL.22.11 Nov 2725.65 2.63 9.85 2559775 DABUR.22.11 Nov 545.75 -0.99 9.44 9040000
IDFC.22.11 Nov 79.45 2.52 1.22 65610000 MARICO.22.11 Nov 487.8 -0.79 6.61 5790000
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
SRTRANSFIN.22.11 Nov 1337 2.93 -10.65 1600800 MGL.22.11 Nov 873.9 -3.14 -5.35 2279200
RAIN.22.11 Nov 172.85 2.76 -21.96 5001500 IEX.22.11 Nov 142 -2.34 -4.84 31717500
HINDCOPPER.22.11Nov 112.1 2.7 -15.18 11536900 IGL.22.11 Nov 414.6 -1.86 -6.23 9077750
GNFC.22.11 Nov 595 2.5 -11.64 5328700 IDEA.22.11 Nov 8.3 -1.78 -8.78 401310000
TRENT.22.11 Nov 1412 2.43 -7.12 2554175 INTELLECT.22.11 Nov 436.55 -1.76 -16.47 2000250


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Shriram Trans Fin Co. Lt 1346.5 3.56 1970331 0 35.67 Nifty50 18244.2 0.46 109143
Bank Of Baroda 166.75 3 26399821 0 35.18 Niftybank 42457.05 0.26 109143
Hindustan Aeronautics Li 2729.15 2.82 2749693 0 22.26 Nifty it 29446.9 0.81 109143
Bharat Heavy Elect Ltd. 74.05 2.78 49800129 0 30.79 India Vix 13.84 -6.49 109137
Gujarat Narmada Valley 591.95 2.75 2506657 0 33.67 Nifty Fmcg 43854.15 0.56 109143
Indusind Bank Ltd. 1169.4 2.67 3927395 0 47.44 Nifty Pharma 12836.35 0.33 109143
Glenmark Pharma Ltd 422.4 2.61 1264704 0 15.52 Nifty Realty 437.7 -1.22 109143
Hindcopper 112 2.56 3068825 0 35.97 Nifty Auto 12745.5 0.39 109143
Rain Industries Limited 172.4 2.53 1521919 0 23.11 Nifty Metal 6448.85 0.89 109143
Dalmia Bharat Limited 1713.1 2.28 248152 0 29 Nifty Financial Services 18973.2 0.12 109143


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

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

 USD: Building Permits on 23rd  November, 2022

USD: New Home Sales (Oct) on 23rd  November, 2022


  • Benchmark indices broke three-day losing streak and ended higher with Nifty around 18,250.At Close, the Sensex was up 274.12 points or 0.45% at 61,418.96, and the Nifty was up 84.20 points or 0.46% at 18,244.20. About 1587 shares have advanced, 1772 shares declined, and 140 shares are unchanged.

  • Nykaa CFO Arvind Agarwal resigns, Agrawal will leave the company and step down from his role on November 25, Nykaa informed stock exchanges

  • Easy Trip Planners share price hit a 52-week high to jump more than 13 percent in the morning session on November 22, zooming over 31 percent in the last two days as the stock traded ex-split and ex-bonus.

  • Reliance Industries Ltd’s plans to demerge its financial services business and list the entity could create the fifth-largest financial services firm in India in terms of net worth, according to a report by Macquarie Capital Securities.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
ARYAN General 23-Nov-22 IEX Buy Back of Shares 25-Nov-22
BRANDBUCKT General 23-Nov-22 RAJTUBE General 25-Nov-22
CINEVISTA Quarterly Results 23-Nov-22 RSYSTEMINT General;Voluntary Delisting of Shares 25-Nov-22
EASEMYTRIP Bonus issue 23-Nov-22 UNISTRMU General 25-Nov-22
EFCIL General 23-Nov-22 SUPRAP General 26-Nov-22
IPOWER General 23-Nov-22 APTUS Interim Dividend 28-Nov-22
MDRNTHR-B Quarterly Results 23-Nov-22 FUSION Quarterly Results 28-Nov-22
NAYSAA Bonus issue 23-Nov-22 VALECHAENG Quarterly Results 28-Nov-22
OISL Audited Results 23-Nov-22 WANBURY Quarterly Results 28-Nov-22
TIL Quarterly Results 23-Nov-22 LANDMARC General 29-Nov-22
VEERHEALTH Preferential Issue of shares 23-Nov-22 RANJEET Increase in Authorised Capital;Preferential Issue of shares 29-Nov-22
VIVANTA Right Issue of Equity Shares;Increase in Authorised Capital;General;Preferential Issue of shares 23-Nov-22 RCF Interim Dividend 29-Nov-22
CARGOTRANS Half Yearly Results 24-Nov-22 TIHIL Increase in Authorised Capital;Issue Of Warrants;Preferential Issue of shares 29-Nov-22
HDIL Quarterly Results 24-Nov-22 TRADWIN Quarterly Results 29-Nov-22
HITECH Preferential Issue of shares 24-Nov-22 EIGHTY General 30-Nov-22
INDNIPPON General 24-Nov-22 ICL Stock  Split 30-Nov-22
QUANTDIA A.G.M.;General 24-Nov-22 JANUSCORP Bonus issue 30-Nov-22
RAJNISH General;Stock  Split 24-Nov-22 AML General 01-Dec-22
SALSAIN Preferential Issue of shares 24-Nov-22 NAVODAYENT Bonus issue 01-Dec-22
SPRAYKING Right Issue of Equity Shares 24-Nov-22 STL Stock  Split 01-Dec-22
SRGHFL Issue Of Warrants 24-Nov-22 TAKE Quarterly Results 07-Dec-22
SUDTIND-B General 24-Nov-22 ESHAMEDIA A.G.M. 12-Dec-22
7NR Scheme of Arrangement 25-Nov-22 COFORGE Interim Dividend;Quarterly Results 20-Jan-23


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
HINDZINC 23-Nov-22 Interim Dividend – Rs. – 15.5000 RONI 25-Nov-22 Right Issue of Equity Shares
INDTONER 23-Nov-22 Interim Dividend – Rs. – 3.5000 SMCREDT 25-Nov-22 Right Issue of Equity Shares
MINDTREE 23-Nov-22 Amalgamation VEERENRGY 25-Nov-22 Bonus issue 3:10
PANAMAPET 23-Nov-22 Interim Dividend – Rs. – 3.0000 7NR 28-Nov-22 Bonus issue 1:5
BHARATFORG 24-Nov-22 Interim Dividend – Rs. – 1.5000 FAMILYCARE 28-Nov-22 Interim Dividend – Rs. – 0.0500
CUPID 24-Nov-22 Interim Dividend – Rs. – 2.0000 JANUSCORP 28-Nov-22 Bonus issue 4:3
DIAMINESQ 24-Nov-22 Interim Dividend – Rs. – 3.0000 ALSTONE 29-Nov-22 E.G.M.
JMFINANCIL 24-Nov-22 Interim Dividend – Rs. – 0.9000 NAVODAYENT 29-Nov-22 Bonus issue 1:1
PFC 24-Nov-22 Interim Dividend – Rs. – 3.0000 VEDL 29-Nov-22 Interim Dividend
POLYPLEX 24-Nov-22 Interim Dividend – Rs. – 20.0000 CHANDRAP 30-Nov-22 Stock  Split From Rs.10/- to Rs.2/-
POLYPLEX 24-Nov-22 Special Dividend – Rs. – 35.0000 MLKFOOD 30-Nov-22 Interim Dividend – Rs. – 2.5000
ABANSENT 25-Nov-22 Interim Dividend – Rs. – 0.1000 SECURCRED 30-Nov-22 E.G.M.
COMSYN 25-Nov-22 Bonus issue 2:1 GUJTHEM 01-Dec-22 Interim Dividend – Rs. – 4.4000
DEVIT 25-Nov-22 Stock  Split From Rs.10/- to Rs.5/- LIKHITHA 01-Dec-22 Stock  Split From Rs.10/- to Rs.5/-
GOLECHA 25-Nov-22 Interim Dividend – Rs. – 1.0000 RAJOIL 01-Dec-22 E.G.M.
MAFATIND 25-Nov-22 Stock  Split From Rs.10/- to Rs.2/- MEFCOMCAP 02-Dec-22 Stock  Split From Rs.10/- to Rs.2/-
MAHSEAMLES 25-Nov-22 Bonus issue 1:1 SDBL 02-Dec-22 Interim Dividend – Rs. – 0.2500
MANAKSIA 25-Nov-22 Interim Dividend – Rs. – 3.0000 PANCHSHEEL 05-Dec-22 Interim Dividend – Rs. – 0.8000
NILE 25-Nov-22 Interim Dividend – Rs. – 2.0000 ADVAIT 07-Dec-22 E.G.M.
PREMCO 25-Nov-22 Interim Dividend – Rs. – 2.0000 HGS 07-Dec-22 Interim Dividend – Rs. – 5.0000

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