NIFTY opened at 18528.45 with a gap up of 44 points. The index initially moved lower but soon found support and started a consolidation process after recording its intraday low at 18445.10. Prices have bounced up in the afternoon. A modest rally came with lots of choppiness which took prices near its early morning highs and prices have recorded its intraday high at 18534.90. The index has seen a minor decline towards the end of today’s trading session and finally closed at 18512.75 near its day highs with a gain of just 2865 points or 0.15% up. MEDIA outperformed today and ended with a gain of 2.52% followed by REALTY which ended with a gain of 1.12%. FMCG, FINANCIAL, and BANK have underperformed today and closed with minor losses. The short-term trend is up, and the index has broken out from a range inside 18100 – 18500. This breakout is giving us a pattern target around 18900 which may or may not reach but still suggesting us a bullishness in the markets.


The BANK NIFTY opened at 43192.45 with a gap up of just 90 points. The index initially moved lower and then went up but soon the rally fizzled out. Prices recorded its intraday high at 43339.15 and then saw a sharp decline. The index then started a consolidation process and recorded its intraday low at 42864.95. Prices have finally closed at 42961.35 with a loss of 141 points. PSU and PVT BANKS both indices have performed almost the same today, moved sideways, and closed almost on a flat note. Within the index, in terms of points, AXIS BANK contributed the highest on the upside while ICICIBANK contributed the lowest. It was a volatile day today in the BANK Index where prices have seen a sharp decline in the first half and spent the second half moving sideways. The short-term trend is up as prices are trading near its lifetime highs. Support is now visible around 42000. A close below this may change the short-term trend to sideways. We should look for a buying opportunity only as far as prices are trading above this support level.


JK CEM 3014.5 BUY The stock has given a breakout on the intraday as well as the daily chart. The stock can be bought at above CMP with a stop loss of 2944 and a target of 3145.
 TVS MTR 1037.45 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold at CMP with a stop loss of 1059 and a target of 1001.



Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
UPL 780 CE BUY 22.80 CMP 20.75 29 BREAKOUT
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
IBULHSGFIN.22.12 Dec 139.55 12.77 3611.11 44088000 SRTRANSFIN.22.12 Dec 1259.75 -3.76 2411.15 4053000
BHEL.22.12 Dec 82.75 10.63 2914.21 1.27E+08 COFORGE.22.12 Dec 3897.05 -1.44 1088.18 618450
PFC.22.12 Dec 137.85 6.98 750 49221800 ICICIPRULI.22.12 Dec 456.8 -1.43 2217.83 15993000
RBLBANK.22.12 Dec 151.6 6.87 2761.45 49360000 ALKEM.22.12 Dec 3067.55 -1.29 205.93 227000
RECLTD.22.12 Dec 110.2 6.73 2346.35 53624000 LTTS.22.12 Dec 3844.6 -1.29 1603.17 1073000
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Voltas Ltd. 829.4 1.3 1976090 1442395 83.91 Nifty50 18512.75 0.15 28685498
Icici Lombard General In 1159.35 -0.9 475121 288745 79.32 Niftybank 42983.95 -0.21 12320474
Icici Prudential Life In 452.1 -2.14 6951008 5415131 70.77 Nifty it 30334.6 0.52 845290
Sbi Life Insurance Compa 1235.25 -0.44 1429364 1024226 70.5 India Vix 13.33 -1.11 3.8E+08
Hdfc Ltd. 2681.35 -0.29 1810808 1177332 70.12 Nifty Fmcg 44102.6 -0.31 299213
Icici Bank Ltd. 930.3 -0.91 9815055 7260705 70.08 Nifty Pharma 12968.45 0.62 41008813
Sbi Cards And Payment Se 806.85 0.93 1171797 761926 69.75 Nifty Realty 444.9 1.17 1.2E+09
Coromandel International 920.35 2.12 1029178 806686 69.73 Nifty Auto 12958 0.88 41030585
Hdfc Bank Ltd. 1617.65 -0.46 4205248 2666082 69.38 Nifty Metal 6455.15 0.22 82317751
Marico Limited 486.25 -0.66 1512539 1110010 69.21 Nifty Financial Services 19216.9 -0.31 3574467


   Domestic                                                                                                                                                  International
INR: Infrastructure Output (YoY) (Oct) on 30th  November, 2022

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

 USD: CB Consumer Confidence (Nov)  on 29th November, 2022

USD: GDP (QoQ) (Q3) on 30th November, 2022


  • Benchmark indices ended on flat note on the first day of December series amid volatility.At Close, the Sensex was up 20.96 points or 0.03% at 62,293.64, and the Nifty was up 28.70 points or 0.16% at 18,512.80. About 2029 shares have advanced, 1361 shares declined, and 126 shares are unchanged.

  • Finance Minister Nirmala Sitharaman will seek to shrink the shortfall to less than 6% of gross domestic product in the year starting April 1, the people said, asking not to be identified as the deliberations are private.

  • More than Rs. 1,000 crore of Initial Public Offerings (IPOs) will open for subscription next week, keeping the primary market engaged towards the end of a month that has been the busiest since May.

  • The shares of India Tourism Development Corp Ltd (ITDC) hit upper circuit on November 25 to trade at Rs 404.60 apiece on BSE after government announced that it has fixed an indicative value for ‘The Ashok’ hotel at Rs 7,409 crore under the national monetisation programme.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
APTUS Interim Dividend 28-Nov-22 WELCURE Increase in Authorised Capital;Preferential Issue of shares 29-Nov-22
CANFINHOME Interim Dividend;General 28-Nov-22 DHARFIN Quarterly Results 30-Nov-22
FUSION General;Quarterly Results 28-Nov-22 EIGHTY General 30-Nov-22
GOKULAGRO Right Issue of Equity Shares;General 28-Nov-22 GLCL A.G.M. 30-Nov-22
GRADIENTE Preferential Issue of shares 28-Nov-22 ICL Stock  Split 30-Nov-22
VALECHAENG Quarterly Results 28-Nov-22 JANUSCORP Bonus issue 30-Nov-22
WANBURY Quarterly Results 28-Nov-22 KPIGREEN Bonus issue;General 30-Nov-22
ALANKIT General;Preferential Issue of shares 29-Nov-22 SIKOZY General 30-Nov-22
COMSYN General 29-Nov-22 AML General 01-Dec-22
DDIL General 29-Nov-22 EASEMYTRIP General 01-Dec-22
IMCAP Preferential Issue of shares 29-Nov-22 NAVODAYENT Bonus issue 01-Dec-22
JCTLTD Quarterly Results 29-Nov-22 PRUDMOULI General 01-Dec-22
LANDMARC General 29-Nov-22 STL Stock  Split 01-Dec-22
PHARMAID General;Preferential Issue of shares 29-Nov-22 VEERENRGY Bonus issue;General 01-Dec-22
RANJEET Increase in Authorised Capital;Preferential Issue of shares 29-Nov-22 JOINDRE General 02-Dec-22
RCF Interim Dividend 29-Nov-22 TAKE Quarterly Results 07-Dec-22
SBIN General 29-Nov-22 YASHINNO Scheme of Arrangement 08-Dec-22
SYMBIOX General 29-Nov-22 AKASHDEEP Stock  Split 12-Dec-22
TIHIL Increase in Authorised Capital;Issue Of Warrants;Preferential Issue of shares 29-Nov-22 ESHAMEDIA A.G.M. 12-Dec-22
TRADWIN Quarterly Results 29-Nov-22 COFORGE Interim Dividend;Quarterly Results 20-Jan-23


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
7NR 28-Nov-22 Bonus issue 1:5 GUJTHEM 01-Dec-22 Interim Dividend – Rs. – 4.4000
FAMILYCARE 28-Nov-22 Interim Dividend – Rs. – 0.0500 LIKHITHA 01-Dec-22 Stock  Split From Rs.10/- to Rs.5/-
JANUSCORP 28-Nov-22 Bonus issue 4:3 RAJOIL 01-Dec-22 E.G.M.
ALSTONE 29-Nov-22 E.G.M. MEFCOMCAP 02-Dec-22 Stock  Split From Rs.10/- to Rs.2/-
NAVODAYENT 29-Nov-22 Bonus issue 1:1 SDBL 02-Dec-22 Interim Dividend – Rs. – 0.2500
SHRIRAMCIT 29-Nov-22 Amalgamation PANCHSHEEL 05-Dec-22 Interim Dividend – Rs. – 0.8000
VEDL 29-Nov-22 Interim Dividend – Rs. – 17.5000 TRIVENIGQ 06-Dec-22 E.G.M.
CHANDRAP 30-Nov-22 Stock  Split From Rs.10/- to Rs.2/- ADVAIT 07-Dec-22 E.G.M.
MLKFOOD 30-Nov-22 Interim Dividend – Rs. – 2.5000 HGS 07-Dec-22 Interim Dividend – Rs. – 5.0000
SECURCRED 30-Nov-22 E.G.M. TELESYS 14-Dec-22 E.G.M.

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