NIFTY opened at 16548.90 with a big gap down of 515 points due to the tension between Russia and Ukraine. The index initially moved higher and recorded its intraday high at 16705.25. Prices then started moving downwards. The decline continued for the whole day, moved down another 500 points from its early morning high, and recorded its intraday low at  17203.25. The index finally closed at 16247.95 near its intraday low with a loss of 815.30 points or 4.78% down. All the sectoral indices have seen a decline today and closed lower. Most of the indices have incurred a loss of more than 5% while FMCH and PHARMA ended with a loss of around 3.5%.

It was again a trend day today on the downside where prices have recorded its intraday high near the opening tick and intraday low near the closing tick. Next support is visible around 15500. As of now, we are in an environment of fear. In such an environment we should step aside and do not indulge ourselves in any kind of trading. For the  time being, we should avoid trading the index. We need to wait for the volatility to cool off.


BANK NIFTY opened at 36085.20 with a big gap down of 1273 points. The index initially went up and recorded its intraday high at 36709.15. Prices after that moved down and kept on drifting downwards to record its intraday low at 34991.35.The index finally closed at 35095.25 with a big loss of 2263 points. PSU and PVT BANKS both indices have seen sharp intraday decline today and closed lower by 8.26% and 5.98% respectively. Within the index, in terms of points, ICICI BANK contributed the highest on the downside followed by HDFC BANK.

The trend is down now as the index broken down crucial support levels. Next support is visible around 34000. However, in a fear environment , these support and resistance level do not work.  Volatility is very high. We should avoid trading the index and wait markets to stabilize first.


BAJAJFIN 6627 SELL The stock is on the verge of giving the breakdown on the intraday as well as the daily chart. The stock can be sell below 6620 with a stop loss of 6800 and for the target of 6490.
RELIANCE 2255 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 2250 with a stop loss of 2285 and target  of 2200.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
TATA POWER 200 PE BUY 9.70 CMP 6 15 OI Increase
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
PNB.Feb 24 31.85 -14.84 6.14 1.71E+08
RAIN.Feb 24 183.8 -13.59 1.86 2872500
INDIGO.Feb 24 1812.3 -11.31 23.66 543500
SAIL.Feb 24 85.3 -10.02 6.22 37477500
GODREJPROP.Feb 24 1442.6 -9.82 4.08 1219725
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
NAM-INDIA.Feb 24 314.85 0.82 -19.07 611200 INDUSTOWER.Feb 24 206 -17.68 -46.22 1156400
INDIAMART.Feb 24 4957.3 3.8 -60.22 61275 IDFCFIRSTB.Feb 24 38.25 -11.56 -28.64 29481600
AMARAJABAT.Feb 24 521 -11.42 -24.92 1449000
NBCC.Feb 24 34.8 -11.34 -7.68 9228000
L&TFH.Feb 24 62.05 -11.23 -8.78 21970888


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Whirlpool 1624.1 -1.59 283594 0 88.3 Nifty 50 16247.95 -4.78 81939
Escorts India Ltd. 1795.2 -3.39 2213011 0 85.2 Nifty Bank 35228.1 -5.79 81939
Hindustan Unilever Ltd 2171.4 -3.94 2997629 0 78.03 Nifty it 32547.9 -4.59 81939
Hdfc Ltd. 2343.05 -3.86 5058230 0 72.61 Nifty Metal 5313.65 -5.26 81939
Icici Lombard General In 1240.85 -3.05 838799 0 72.5 Nifty Media 1907.6 -6.95 81939
Sbi Life Insurance Compa 1054.2 -4.32 2088599 0 72.42 India Vix 31.98 30.32 81939
Colgate Palmolive (india 1397.35 -2.44 477460 0 69.19 Nifty Auto 10609.8 -6.26 81939
Infosys Limited 1678.15 -3.71 13592379 0 67.76 Nifty Fmcg 34735.15 -3.33 81939
City Union Bank Ltd. 122.8 -5.03 3276167 0 67.65 Nifty Realty 411.75 -7.17 81939
Power Grid Corporation o 191.1 -3.51 9858778 0 64.72 Nifty Pharma 12500.1 -3.67 81939
Honeywell Auto India Ltd 39768.05 -2.38 9299 0 64.51 Nifty Financial Services 16531.55 -5.15 81939


   Domestic                                                                                                                                                  International
INR: FX Reserves on 25th February, 2022

INR: Bank Loan and Deposit Growth on 25th February, 2022

•USD: Core Durable Goods Orders (MoM) (Jan) on 25th February 2022

•USD:  Pending Home Sales (MoM) (Jan) on 25th February 2022


  • Vodafone Idea Ltd (VIL) on Thursday announced a collaboration with A5G Networks, with a view to spurring industry 4.0 and smart mobile edge computing in India. The two companies have jointly set up a pilot private network in Mumbai utilising existing 4G spectrum, according to a statement.
  • NHPC on Thursday said it has inked a pact with HDFC bank to securitise return on equity of its 540-MW Chamera-I Power Plant in Himachal Pradesh for 10 years. “NHPC Ltd has signed a facility agreement today i.e. February 24, 2022, (on Thursday) with HDFC Bank Ltd to securitise the return on equity of Chamera-I Power Station (3 X 180 MW), Himachal Pradesh, for a tenor of 10 years,” according to a BSE filing.
  • India is considering partnering with private companies to operate mines which have been previously shut or production discontinued by state-run Coal India Ltd, the federal coal ministry said in a statement on Thursday. Coal India, which accounts for over 80% of India’s output, was looking to offer more than 100 such mines to the private sector on a revenue sharing basis in “due course of time,” the coal ministry said.
  • Vedanta Aluminium, India’s largest manufacturer of aluminium, launched a low carbon brand on Thursday as a step towards its commitment of achieving net- zero carbon by 2050. Vedanta Aluminium unveiled two product lines – Restora (low carbon aluminium) and Restora Ultra (ultra-low carbon aluminium) -under the brand and said that it was the first major non-ferrous Indian metals producer to manufacture low carbon products (primary aluminium) for customers worldwide.

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


Company Name Purpose Ex-Date Company Name Purpose Ex-Date
AGOL General 25-Feb-21 RAIN Audited Results 25-Feb-21
ESTER General;Employees Stock Option Plan 25-Feb-21 RESPONIND General 25-Feb-21
GCMCOMM General 25-Feb-21 SHAHLON General 25-Feb-21
GRMOVER General 25-Feb-21 SOUTHBANK Preferential Issue of shares 25-Feb-21
HINDMOTORS General 25-Feb-21 SPMLINFRA Preferential Issue of shares 25-Feb-21
KSB Quarterly Results;General;Dividend 25-Feb-21 TIRUSTA General 25-Feb-21
MAWANASUG General 25-Feb-21 VESUVIUS Audited Results;General;Dividend 25-Feb-21
POWERINDIA General 25-Feb-21 XOINFO General 25-Feb-21


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
ANDHRAPET 25-Feb-22 Interim Dividend – Rs. – 1.5000 DATAINFRA 02-Mar-22 Income Distribution (InvIT)
ASHUTPM 25-Feb-22 E.G.M. FACORALL 02-Mar-22 E.G.M.
GORANIN 25-Feb-22 E.G.M. PRISMX 02-Mar-22 Right Issue of Equity Shares
INDOASIAF 25-Feb-22 E.G.M. TANAA 02-Mar-22 Interim Dividend – Rs. – 0.5000
JOLYPLS 25-Feb-22 E.G.M. CONTAINER 03-Mar-22 Stock  Split From Rs.10/- to Rs.5/-
MEERA 25-Feb-22 Interim Dividend – Rs. – 0.5000 PGFOILQ 03-Mar-22 E.G.M.
PFC 25-Feb-22 Interim Dividend – Rs. – 6.0000 JAYSHREETEA 07-Mar-22 E.G.M.
SVAMSOF 25-Feb-22 E.G.M. NOUVEAU 07-Mar-22 Stock  Split From Rs.10/- to Rs.1/-
EASEMYTRIP 28-Feb-22 Bonus issue 1:1 DEEP 08-Mar-22 Bonus issue 3:4
GLITTEKG 28-Feb-22 E.G.M. VIPIND 08-Mar-22 Interim Dividend

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