Nifty opened at 15909.15 with a gap up of 74 points. The index continued its bullish momentum and rallied further towards the resistance around the 16000 level. Prices then consolidated there for almost the whole afternoon and eventually broke on the downside after recording its intraday high at 16025.75.Prices then saw a sharp downside move. The index erases all the gains that came during the day including the gap and recorded its intraday low at 15785.45. Prices have finally closed at 15810.85 with a loss of just 24.50 points or 0.15% down. METAL, PHARMA, and OIL GAS outperformed today and closed with some gains. BANK, FINANCIAL, IT, and AUTO led the bears today and ended wit h a loss.

Level 15800 is somehow acting as a magnet that pulled the index toward this level. We should now wait for a clear sign of the next likely move. Both the momentums have aligned on the upside suggests higher levels are ahead. the short-term trend is sideways now. Avoid trading the index.


Bank Nifty opened at 34084.70 with a gap up of 120 points. The index moved further on the upside and stayed above 34000 till the afternoon. Prices then consolidated and eventually broke down after recording its intraday high at 34361.05. A sharp decline erases a 11 the gains that came during the day and prices have recorded its intraday low at 33757. The index finally closed at 33769.40 with a loss of 195 points. PVT BANKS have underperformed today and ended wit h a loss of nearly half percent. PSU BANKS have ended on a flat note today. Within the index, in terms of points, BANDHAN BANK contributed the highest on the upside while HDFC BANK contributed the lowest.

index where prices have moved higher in the first half while seeing a sharp down move in t he second half and ended lower. The short-term trend is sideways. We should avoid taking fresh trades.


TATAMOTOR 412 BUY The stock is on the verge of giving the breakout on the intraday as well as the daily chart. The stock can be buy  with a stop loss of 408 and for the target of  420.
TATASTEEL 860 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 860 with a stop loss of 870 and target of 845.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
INFY 1460 PE BUY 34.10 CMP 25 50 OI Increase
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
ESCORTS.May 26 1554.7 0.05 2.35 3523300 GNFC.May 26 617.95 -9.77 23.41 4893200
ABCAPITAL.May 26 99.8 0.05 4.98 21313600 INDUSTOWER.May 26 183.05 -9.45 12.28 16618000
PIDILITIND.May 26 2119.9 0.08 0.36 3142250 HONAUT.May 26 34019.85 -7.91 25.64 8820
TCS.May 26 3400.5 0.08 0.46 8318400 VEDL.May 26 292.85 -6.53 2.79 42084050
BOSCHLTD.May 26 13124.1 0.16 3.16 122600 SBIN.May 26 438.75 -4.59 5.97 59629500
                                                                        Short Covering                                                                       Long Unwinding
DALBHARAT.May 26 1405.5 0.1 -1.26 1255750 OFSS.May 26 3225.85 -8.01 -7.85 280250
BEL.May 26 219.05 0.14 -1.85 30795200 CHAMBLFERT.May 26 391.45 -4.98 -7.15 1830000
MARICO.May 26 500.6 0.16 -2.11 8138000 GSPL.May 26 249.4 -4.55 -3.65 2153900
DELTACORP.May 26 222.3 0.18 -0.79 14170300 ACC.May 26 2110.65 -3.2 -3.98 2336500
INDUSINDBK.May 26 871.35 0.2 -0.36 24825600 SBICARD.May 26 714.75 -2.9 -1.08 6863500

Top Delivery Percentage

Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Infosys Limited 1504.4 -0.29 6723761 4266241 68.46 Nifty50 15782.15 -0.16 39158509
Mah & Mah Ltd. 889.5 2.8 4956950 3342114 67.71 Niftybank 33121.35 -1.23 18569281
Hdfc Ltd. 2132.95 -0.81 4905109 3191909 66.8 Nifty it 29624.85 -0.44 1167667
Bharti Airtel Limited 689.9 -2.2 11938252 7792196 66.04 India Vix 23.48 -3.22 2.61E+08
Alkem 2905.75 -1.68 476396 237327 63.85 Nifty Fmcg 36887.15 1.84 589360
Larsen & Toubro Limited 1534.5 0.55 4328846 2235594 63.23 Nifty Pharma 12629.5 1.65 49279315
Sbi Life Insurance Compa 1044.95 -1.48 1108831 533492 62.73 Nifty Realty 384.45 -0.27 1.6E+09
Power Grid Corporation o 236.3 0.17 11305915 6195650 62.44 Nifty Auto 10412.35 2.44 59695902
Nestleind 16402.95 1.13 55439 29797 61.97 Nifty Metal 5313.05 -2.08 1.15E+08
Kotak Mahindra Bank Limi 1779.55 1.06 2737022 1671279 61.96 Nifty Financial Services 15291.7 -1.26 6509952


   Domestic                                                                                                                                                  International
INR:  FX Reserves, USD on 8th July, 2022 •USD:  ISM Non-Manufacturing PMI (Jun) on 6th  July, 2022

•USD:  JOLTs Job Openings (May) on 6th July, 2022


  • Witnessing a robust demand for its electric scooter Chetak, Bajaj Auto plans to scale up the sales infrastructure for the model to 75 locations across the country in the current fiscal. The Pune-based firm had brought back its iconic Chetak scooter in electric avatar in October 2019. “Seeing the enthusiastic demand for this iconic model, the company has increased the touchpoints to 20 locations in FY 2022. This is expected to grow to 75 in FY 2023,” the company said in its Annual Report for 2021-22.
  • Britannia Industries’ shareholders have voted against a resolution to authorise the board to make investments, give loans and provide guarantees of up to Rs 5,000 crore in the AGM concluded last week. The special resolution for approval to increase limits for making investments, loans, Special guarantees and security was “not Passed with requisite majority,” said a regulatory filing from Britannia Industries on June 29, 2022.
  • Rising cost pressure brought on by volatile input prices, and withdrawal of pandemic-induced relief measures may further increase default rates especially among sub-investment-grade firms, or those with a rating of “BB” and below, according to CRISIL Ratings.
  • The rupee fell by 41 paise to close at a fresh lifetime low of 79.36 (provisional) against the US dollar on Tuesday amid a strong greenback overseas and unrelenting foreign fund outflows. At the interbank forex market, the local unit opened at 79.04 against the greenback and witnessed an intra-day high of 79.02 and a low of 79.38.

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

Company Name Purpose Ex-Date Company Name Purpose Ex-Date
ATHENAGLO Preferential Issue of shares 06-Jul-22 RAJGASES Issue Of Warrants 06-Jul-22
BINDALAGRO Interim Dividend 06-Jul-22 SETCO General;Audited Results 06-Jul-22
CAPRICORN General 06-Jul-22 SKCIL General;A.G.M. 06-Jul-22
CUB General;A.G.M. 06-Jul-22 SMLT General;A.G.M. 06-Jul-22
GKP General 06-Jul-22 SUPER A.G.M. 06-Jul-22
MANGIND General 06-Jul-22 APTPACK Audited Results 07-Jul-22
MASFIN General 06-Jul-22 CRSTCHM General 07-Jul-22
PADAMCO General;A.G.M. 06-Jul-22 FCSSOFT General 07-Jul-22
PBAINFRA Voluntary Delisting of Shares 06-Jul-22 GGAUTO Quarterly Results 07-Jul-22
POWERGRID General 06-Jul-22 GMBREW Quarterly Results 07-Jul-22


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
CENTURYTEX 06-Jul-22 Dividend – Rs. – 4.00 JMFINANCIL 07-Jul-22 Final Dividend – Rs. – 1.1500
PONNIERODE 06-Jul-22 Dividend – Rs. – 5.50 LTTS 07-Jul-22 Final Dividend – Rs. – 15.00
ASTRAZEN 07-Jul-22 Final Dividend – Rs. – 8.00 MAYURUNIQ 07-Jul-22 Final Dividend – Rs. – 2.00
AXISBANK 07-Jul-22 Final Dividend – Rs. – 1.00 MINDAIND 07-Jul-22 Bonus issue 1:1
BANKINDIA 07-Jul-22 Final Dividend – Rs. – 2.00 MINDAIND 07-Jul-22 Final Dividend – Rs. – 1.00
CROMPTON 07-Jul-22 Final Dividend – Rs. – 2.50 NAVINFLUOR 07-Jul-22 Final Dividend – Rs. – 6.00
DCMSHRIRAM 07-Jul-22 Dividend – Rs. – 4.90 NILKAMAL 07-Jul-22 Final Dividend – Rs. – 15.00
GLAXO 07-Jul-22 Special Dividend – Rs. – 60.00 OBEROIRLTY 07-Jul-22 Final Dividend – Rs. – 3.00
GLAXO 07-Jul-22 Dividend – Rs. – 30.00 ROSSARI 07-Jul-22 Final Dividend – Rs. – 0.50
GRNLAMIND 07-Jul-22 Final Dividend – Rs. – 1.20 SOLIMAC 07-Jul-22 Final Dividend – Rs. – 1.20
HITECHCORP 07-Jul-22 Dividend – Rs. – 1.00 STARHFL 07-Jul-22 Final Dividend – Rs. – 0.20
INDIANCARD 07-Jul-22 Interim Dividend – Rs. – 25.00 SUNDARMFIN 07-Jul-22 Final Dividend – Rs. – 10.00

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