The NIFTY opened at 17423.65 with a gap of 41 points. The index initially moved higher but soon started moving sideways and recorded its intraday high at 17474.40. In the afternoon, prices have seen a down move but soon found support and bounced up. However, the rally fizzled out quickly and prices moved down again, erasing all the gains. The gap was also filled and the index recorded its intraday low at 17348.75. Prices have finally dosed at 17397.50 near yesterday’s closing price with a gain of just 15.50 points or 0.9% up. AUTO underperformed today and ended with a loss of 1.09% followed by METAL and PHARMA which ended lower at nearly half percent. IT outperformed today and ended with a gain of 0.64% followed by the BANK which ended nearly half percent up. On the weekly timeframe chart, the NIFTY keeps on moving higher and closed with gains. In fact, for the past seven weeks, the index managed to close higher six times. The short-term trend is up and today’s narrow range suggests a big move is now imminent. On Monday, we should take a trade in the direction of a breakout. The idea is to buy above 17480 or sell short below 17300. In case of a gap, apply the first 15-minute rules. This means your entry price will be the first 15 minutes high or low. Keep a stop of 110 points and a target of 240 points from your entry price.


The BANK NIFTY opened at 37868.25 with a gap of 181 points. The index recorded its intraday low at 37779.90 in its initial trades and continued moving higher. A rally took the index above 38100 and prices recorded their intraday high at 38150.45. After that price went into consolidation and saw a mild correction to finally close at 37907.25 with a gain of 220 points. PSU BANKS have underperformed today and closed lower by 0.41%. PVT BANKS have outperformed today and ended with a gain of 0.41%. Within the index, in terms of points, ICICI BANK contributed the highest on the upside while HDFC BANK contributed the lowest. Prices have moved in a narrow range this week. This resulted in a narrow trading range on the daily timeframe chart. A breakout may give us to the next directional move. On Monday, we should look for a buying opportunity above 38250 or a shorting opportunity below 37650. Keep a stop of 300 points and a target of 800 points from your entry price. In case of a gap, apply the first 15-minute rule.


BHARTI AIRTEL 703.65 BUY After correcting from the recent top the stock today witnessed sharp buying from the demand zone. One should buy @CMP for the target of 714.50 with SL of 696.50.
ADANI ENT 2698.40 SELL Short term trend of the stock is up but now it showing some selling pressure after a sharp upside rally. One should sell @CMP for the target of 2646 with SL of 2708.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
 BIOCON (CE) 320 BUY 6.70 CMP 5.15 9 BREAKOUT
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
MANAPPURAM2208Aug 108.05 6.72 0.13 27600000 BALKRISIND.22.08 Aug 2161.75 -6.88 24.05 1788600
INDIGO.22.08 Aug 2091.3 4.95 5.69 2535000 GAIL.22.08 Aug 132.8 -5.38 41.27 43724800
NAVINFLUOR.2208Aug 4493.3 3.58 4.2 563175 BALRAMCHIN.22.08 Aug 351.55 -3.92 21.79 9388800
DALBHARAT.22.08 Aug 1622.65 3.39 5.29 1364000 VOLTAS.22.08 Aug 970.85 -3.28 3.87 4024000
PIDILITIND.22.08 Aug 2643.6 3.35 1.65 2764000 CROMPTON.22.08 Aug 375.7 -2.82 28.12 3724500
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
TATACOMM.22.08 Aug 1105.25 4.8 -1.57 3001500 BEL.22.08 Aug 274.75 -3 -12.33 24354200
NMDC.22.08 Aug 111.7 4.05 -3.74 85371400 HINDALCO.22.08 Aug 408.85 -2.54 -1.96 26145075
MUTHOOTFIN2208Aug 1147.85 3.69 -7.22 4498875 BRITANNIA.22.08 Aug 3706.45 -2.11 -2.64 1756400
SHREECEM.22.08 Aug 21115.2 3.19 -0.41 299125 BHEL.22.08 Aug 51.7 -2.08 -3.18 88179000
PIIND.22.08 Aug 3254.75 3.07 -3.88 1764500 HAVELLS.22.08 Aug 1291.6 -1.73 -2.94 5291000

Top Delivery Percentage

Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Power Grid Corporation 223.65 1.29 10574418 6088098 73.23 Nifty50 17397.5 0.09 33959053
Sbi Life Insurance Compa 1266.65 -0.95 922856 529314 66.74 Niftybank 37920.6 0.44 15584825
Icici Lombard General In 1199.85 -0.2 552645 382118 66.13 Nifty it 29973.55 0.64 922962
Hindustan Unilever Ltd 2645.4 0.66 1176666 656441 64.71 India Vix 18.92 -1.77 3.09E+08
Hdfc Bank Ltd. 1427.05 -0.34 4634491 2754688 64.47 Nifty Fmcg 42930.9 0.23 485068
Itc Ltd. 310.85 0.44 10088723 6984036 62.02 Nifty Pharma 12939.75 -0.33 45556011
Abb Limited 2688.2 0.74 272399 133439 61.77 Nifty Realty 437.9 0.31 1.35E+09
Icici Bank Ltd. 838.2 2.19 16056522 9933579 61.7 Nifty Auto 12804.35 -1.09 45895290
Hdfc Ltd. 2355.2 -0.28 1802793 943916 61.49 Nifty Metal 5595.85 -0.44 1.05E+08
Crompton Greaves Consume 373.85 -3.86 29556230 21498179 61.27 Nifty Financial Services 17534.55 0.36 3994789


   Domestic                                                                                                                                                  International
INR:  M3 Money Supply on 10th August, 2022  USD : Nonfarm Productivity (QoQ) (Q2) (Jul) on 9th Aug, 2022

USD : Unit Labor Costs (QoQ) (Q2) (Jul) on 9th Aug, 2022


  • State Bank of India saw its net profit for the April-June quarter drop 7% year-on-year, on lower other income and higher expenses. Net profit for the quarter stood at Rs 6,068 crore, compared with Rs 6,504 crore a year ago. Net interest income, or core income, rose 13.6% year-on-year to Rs 31,196 crore. Asset quality position for the bank remained stable with gross non-performing asset ratio at 3.91%, down 6 basis points sequentially. Net NPA ratio too improved to 1%, compared with 1.02% as of March 31.

  • The Reserve Bank of India’s Monetary Policy Committee (MPC) on Friday announced a 50 basis point hike in the repo rate to 5.40 per cent, citing continued upside risks to inflation. The Standing Deposit Facility (SDF) rate is now at 5.15 per cent, while the Marginal Standing Facility (MSF) Rate stands at 5.65 per cent. The SDF represents the lower band of the interest rate corridor and the MSF the higher.

  • Gold prices steadied at a one-month high on Friday, ahead of a much awaited U.S. jobs data, as a retreat in Treasury yields and growing recession fears boosted safe-haven demand and kept bullion on track for its third straight weekly rise. Spot gold was flat at $1,790.73 per ounce, as of 0301 GMT, after hitting its highest level since July 5. Prices are up 1.5% this week.

  • The sovereign bond market witnessed a sharp sell-off on Friday as the RBI’s unequivocal commitment to bringing down inflation came as a surprise to the market. The yield on the 10-year benchmark 6.54 per cent 2032 paper jumped 14 basis points to close at 7.30 per cent on Friday.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
DYNAMIC Quarterly Results 08-Aug-21 COARO Quarterly Results 09-Aug-21
GLOBUSSPR Quarterly Results 08-Aug-21 COMPUPN General;Quarterly Results 09-Aug-21
RNBDENIMS Quarterly Results 08-Aug-21 COROENGG Quarterly Results 09-Aug-21
7TEC A.G.M.;Interim Dividend;Quarterly Results 09-Aug-21 CRANEINFRA Quarterly Results 09-Aug-21
ABVL Quarterly Results 09-Aug-21 CTL A.G.M.;Consolidation of Shares;Quarterly Results 09-Aug-21
AGRITECH Quarterly Results 09-Aug-21 DAL General;Quarterly Results 09-Aug-21
ALFAICA A.G.M.;Quarterly Results 09-Aug-21 DHANROTO Quarterly Results 09-Aug-21
ALPHAGEO A.G.M.;General;Quarterly Results 09-Aug-21 DHRUV A.G.M.;General 09-Aug-21
AMBARPIL A.G.M.;General;Quarterly Results 09-Aug-21 DIVSHKT Quarterly Results 09-Aug-21
ASTRAZEN Interim Dividend;Quarterly Results 09-Aug-21 DUKEOFS General;Quarterly Results 09-Aug-21
AUTOAXLES Quarterly Results 09-Aug-21 ESTER Quarterly Results 09-Aug-21
BALRAMCHIN Buy Back of Shares;Quarterly Results 09-Aug-21 FISCHER Quarterly Results 09-Aug-21
BFLAFL Quarterly Results 09-Aug-21 GANGESSEC Quarterly Results 09-Aug-21
BHARATWIRE Quarterly Results 09-Aug-21 GARODCH General;Quarterly Results 09-Aug-21
BIRLATYRES Quarterly Results 09-Aug-21 GARWSYN Quarterly Results 09-Aug-21
BKV Quarterly Results 09-Aug-21 GATI Quarterly Results 09-Aug-21
BLCISER General 09-Aug-21 GAYAHWS Quarterly Results 09-Aug-21
BLSINFOTE General;Quarterly Results 09-Aug-21 GCCLINP Quarterly Results 09-Aug-21
BOMDYEING Quarterly Results 09-Aug-21 GENUSPAPER Quarterly Results 09-Aug-21
CAPFIN General;Quarterly Results 09-Aug-21 GENUSPRIME Quarterly Results 09-Aug-21
CHARMS A.G.M.;General;Quarterly Results 09-Aug-21 GRATEXI General;Quarterly Results 09-Aug-21
CHEMCON A.G.M.;General;Quarterly Results 09-Aug-21 GSPL Quarterly Results 09-Aug-21
CHEMTECH Quarterly Results 09-Aug-21 GUJCOTEX Quarterly Results 09-Aug-21
CIL Quarterly Results 09-Aug-21 HGS Interim Dividend;Quarterly Results 09-Aug-21
CLEAN Quarterly Results 09-Aug-21 HINDNATGLS Quarterly Results 09-Aug-21



Company Name Ex-Date Purpose Company Name Ex-Date Purpose
ALKEM 08-Aug-22 Final Dividend Rs.  4 SANGHVIMOV 10-Aug-22 Dividend Rs.1
BEL 08-Aug-22 Final Dividend Rs.1.5 SANSERA 10-Aug-22 Dividend Rs.2
CASTROLIND 08-Aug-22 Int. Div. SIL 10-Aug-22 Dividend Rs.  0.75
CIPLA 08-Aug-22 Dividend Rs.5 VAIBHAVGBL 10-Aug-22 Int. Dividend
DBCORP 08-Aug-22 Int. Dividend Rs.3 ADVENZYMES 11-Aug-22 Final Dividend Rs.1
HIGHENE 08-Aug-22 Split Rs.10/- to Rs.2/- AJMERA 11-Aug-22 Final Dividend Rs.  2.25
HONAUT 08-Aug-22 Dividend Rs.90 ASTRAMICRO 11-Aug-22 Final Dividend Rs.  1.40
ICICIBANK 08-Aug-22 Final Dividend Rs.  5 BALKRISIND 11-Aug-22 Int. Dividend
KRITIIND 08-Aug-22 Final Dividend Rs.0.2 BIRET 11-Aug-22 Income Dist. RITES
KRITINUT 08-Aug-22 Final Dividend Rs.0.18 COALINDIA 11-Aug-22 Final Dividend Rs.3
RJSHAH 08-Aug-22 Dividend Rs.2.5 DIVISLAB 11-Aug-22 Dividend Rs.  30
RUPA 08-Aug-22 Dividend Rs.  3 DIXON 11-Aug-22 Final Dividend Rs.2
WSTCSTPAPR 08-Aug-22 Final Dividend Rs.  6 EMAMIPAP 11-Aug-22 Dividend Rs.1.6
CUB 10-Aug-22 Dividend Rs.1 ENDURANCE 11-Aug-22 Final Dividend Rs.  6.25
DIVSHKT 10-Aug-22 Final Dividend Rs.  2 FINEORG 11-Aug-22 Final Dividend Rs.  9
GESHIP 10-Aug-22 Int. Dividend Rs.5.4 GRPLTD 11-Aug-22 Dividend Rs.9
KALYANIFRG 10-Aug-22 Final Dividend Rs.3 HESTERBIO 11-Aug-22 Dividend Rs.10
KEMP 10-Aug-22 Final Dividend Rs.  4 HINDALCO 11-Aug-22 Dividend Rs.4
NHPC 10-Aug-22 Final Dividend Rs.0.5 IEX 11-Aug-22 Final Dividend Rs.1
NTPC 10-Aug-22 Final Dividend Rs.3 INDUSINDBK 11-Aug-22 Dividend Rs.8.5

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