The NIFTY opened at 18552.45 without much of a change. The index initially moved higher very sharply after recording its intraday low at 18552.15 in its initial trades. Prices rallied in the first half and then started facing intraday resistance around 18680. The index consolidated for a brief time and eventually broke on the downside after recording its intraday high at 18678.10. The NIFTY moved lower in the second half and finally closed at 18618.05 with a gain of 55.30 points or 0.30% up. FMCG outperformed today by closing 1.87% followed by METAL which ended 1.03% up. REALTY and AUTO underperformed today and closed lower. BANK ended almost on a flat note today. The NIFTY again recorded lifetime new highs and ended on a record closing high. The short-term trend is very strong on the upside. We have taken a long trade around 18553 and for today, we have suggested staying long with a stop at 18450 and a target at 18780. Prices did not touch either level so our trade remained intact. Since we are in some gains, we should move our stop at breakeven. Stay long with a stop at 18440 and a target at 18780.


The BANK NIFTY opened at 42959.40 with a minor gap up. The index rallied just after the opening tick and went above 43200. Prices have faced resistance there and turned down and kept on moving lower for the rest of the day. The intraday low was recorded at 42959.40 while the intraday high was recorded at 43279.60. The index finally closed at 43045.30 with a gain of just 62 points. PSU and PVT BANKS both indices have performed almost the same today and closed without much of a change. Within the index, in terms of points, ICICI BANK contributed the highest on the upside while INDUSIND BANK contributed the lowest. We have suggested staying long with a stop at 42700 and a target at 43900. Stay long with a stop at 42700 and a target at 43900. The short-term trend is up as prices are trading near its life time highs. For the past four trading days, the index has been moving inside a narrow range which 42740 as a lower end and 43340 as an upper end. This narrow range suggests a sharp move is about to come. Support is now visible around 42000. A close below this support 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


JSW STEEL 732.55 BUY The stock has given a breakout on the intraday as well as the daily chart. The stock can be bought at above 732.55 with a stop loss of 726 and a target of 744.
 JUBLFOOD 546.05 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold at 544.9 with a stop loss of 549.85 and a target of 537.6.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
JSW STEEL 730 CE BUY 25.25 CMP 17.80 40 BREAKOUT
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
DABUR.22.12 Dec 597.2 6.22 17.39 14338750 LAURUSLABS.22.12 Dec 412.25 -9.31 49.96 10041300
ABCAPITAL.22.12 Dec 145.5 5.17 14.73 35046000 INDHOTEL.22.12 Dec 317.35 -2.97 2.67 37115016
BANDHANBNK2212Dec 236 4.4 15.74 63448200 ABB.22.12 Dec 3035 -2.84 13.1 1675250
HINDUNILVR.22.12 Dec 2651 4.11 7.59 7373700 GRANULES.22.12 Dec 349.3 -2.63 0.17 7004000
ICICIPRULI.22.12 Dec 475 3.47 9.37 19191000 TATACOMM.22.12 Dec 1286.5 -2.53 3.51 2844000
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
MARICO.22.12 Dec 504.15 2.7 -2.89 8895600 VEDL.22.12 Dec 303.25 -3.22 -5.19 32105150
GODREJCP.22.12 Dec 878.45 1.95 -1.19 5727000 TORNTPOWER.22.12 Dec 540 -2.03 -0.2 2983500
DEEPAKNTR.22.12 Dec 2173.95 1.76 -2.33 1433500 DELTACORP.22.12 Dec 229.45 -1.92 -3.38 17940000
ALKEM.22.12 Dec 3124.75 1.6 -1.61 220200 AUBANK.22.12 Dec 628.45 -1.64 -0.33 7243000
JINDALSTEL.22.12 Dec 519.35 1.45 -0.56 23655000 CUMMINSIND.22.12 Dec 1380.9 -1.15 -1.18 1964400


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Itc Ltd. 342.3 0.66 10182360 0 75.81 Nifty50 18618.05 0.3 72141
Icici Lombard General In 1175.7 1.46 538446 0 75 Niftybank 43053.45 0.08 72141
Icici Prudential Life In 471.1 3.5 10299409 0 74.55 Nifty it 30345.65 0.12 72141
Icici Bank Ltd. 946.75 1 13096036 0 73.34 India Vix 13.62 0.41 72141
Dabur India Ltd. 593.1 6.18 11071464 0 72.83 Nifty Fmcg 45078.55 1.87 72141
Hdfc Bank Ltd. 1597.85 -0.15 6318301 0 72.54 Nifty Pharma 13087.35 0.72 72141
Hindustan Unilever Ltd 2634.2 4.32 2542563 0 72.01 Nifty Realty 443.7 -0.34 72141
Hdfc Asset Management Co 2173.65 0.34 170307 0 69.4 Nifty Auto 13007.65 -0.22 72141
Crompton Greaves Consume 364.9 0.68 842104 0 68.17 Nifty Metal 6447.35 1.03 72141
Voltas Ltd. 825.85 -1.61 903779 0 68.16 Nifty Financial Services 19231.45 0.16 72141


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

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

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

USD: JOLTs Job Openings (Oct) on 30th November, 2022


  • Benchmark indices ended higher on November 29 with Nifty around 18600.At Close, the Sensex was up 177.04 points or 0.28% at 62,681.84, and the Nifty was up 55.20 points or 0.30% at 18,618. About 1653 shares have advanced, 1717 shares declined, and 147 shares are unchanged.

  • Adani Group has won the bid for the redevelopment of Dharavi, one of the largest slum clusters in Asia.The Maharashtra government authorities, on November 29, opened the financial bids for the Dharavi redevelopment.

  • India’s Gross Domestic Product (GDP) growth is expected to more than halve to 6.3 percent in the second quarter of 2022-23 from the first quarter, according to the median of estimates by 15 economists polled by moneycontrol.

  • The first pilot for retail digital rupee (e₹-R) will be launched on December 01, 2022, the Reserve Bank of India (RBI) announced on November 29.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
APOLLOHOSP General 30-Nov-22 INOXGREEN General;Quarterly Results 02-Dec-22
DECNGOLD General 30-Nov-22 INOXWIND General;Quarterly Results 02-Dec-22
DHARFIN Quarterly Results 30-Nov-22 IWEL General;Quarterly Results 02-Dec-22
EIGHTY General 30-Nov-22 JOINDRE General 02-Dec-22
GLCL A.G.M. 30-Nov-22 SUUMAYA General 02-Dec-22
ICL Stock  Split 30-Nov-22 PFS Quarterly Results 03-Dec-22
JANUSCORP Bonus issue 30-Nov-22 PRECISION A.G.M. 03-Dec-22
KPIGREEN Bonus issue;General 30-Nov-22 SABTN General 03-Dec-22
LELAVOIR General 30-Nov-22 BHANDERI Quarterly Results 05-Dec-22
SIKOZY General 30-Nov-22 GUJTLRM Preferential Issue of shares 05-Dec-22
SINDHUTRAD General 30-Nov-22 MARG Quarterly Results 05-Dec-22
SYSCHEM General 30-Nov-22 MTPL General 05-Dec-22
AML General 01-Dec-22 RAJINFRA General 05-Dec-22
COSMOFIRST Buy Back of Shares 01-Dec-22 TIGERLOGS General 05-Dec-22
EASEMYTRIP General 01-Dec-22 TRIVIKRAMA General 05-Dec-22
JENBURPH Buy Back of Shares 01-Dec-22 VEERHEALTH General;Preferential Issue of shares 05-Dec-22
NAVODAYENT Bonus issue 01-Dec-22 BIKAJI General;Quarterly Results 06-Dec-22
ORCHIDPHAR General 01-Dec-22 MAXHEIGHTS General;Stock  Split 06-Dec-22
PRUDMOULI General 01-Dec-22 WARDINMOBI General 06-Dec-22
QUINT General;Rights Issue 01-Dec-22 DECCAN General 07-Dec-22
SAGARPROD General 01-Dec-22 LUMAXIND General 07-Dec-22
SATIN General 01-Dec-22 TAKE Quarterly Results 07-Dec-22
STL Stock  Split 01-Dec-22 YASHINNO Scheme of Arrangement 08-Dec-22
VEERENRGY Bonus issue;General 01-Dec-22 AKASHDEEP Stock  Split 12-Dec-22
BHEEMACEM A.G.M.;Stock  Split 02-Dec-22 ESHAMEDIA A.G.M. 12-Dec-22


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
CHANDRAP 30-Nov-22 Stock  Split From Rs.10/- to Rs.2/- PANCHSHEEL 05-Dec-22 Interim Dividend – Rs. – 0.8000
MLKFOOD 30-Nov-22 Interim Dividend – Rs. – 2.5000 TRIVENIGQ 06-Dec-22 E.G.M.
SECURCRED 30-Nov-22 E.G.M. ADVAIT 07-Dec-22 E.G.M.
RAJOIL 01-Dec-22 E.G.M. HGS 07-Dec-22 Interim Dividend – Rs. – 5.0000
ADCON 02-Dec-22 Right Issue of Equity Shares APTUS 08-Dec-22 Interim Dividend – Rs. – 2.0000
GUJTHEM 02-Dec-22 Interim Dividend – Rs. – 4.4000 CANFINHOME 08-Dec-22 Interim Dividend – Rs. – 1.5000
LIKHITHA 02-Dec-22 Stock  Split From Rs.10/- to Rs.5/- TELESYS 14-Dec-22 E.G.M.
MEFCOMCAP 02-Dec-22 Stock  Split From Rs.10/- to Rs.2/- BAROEXT 15-Dec-22 E.G.M.
SDBL 02-Dec-22 Interim Dividend – Rs. – 0.2500 PRECWIRE 22-Dec-22 Bonus issue 1:2

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