The NIFTY opened at 18211.75 with a gap up of 94 points. The index recorded its intraday high at around 18255.50 in its initial trades and then started drifting downwards. A sharp deadline filled the gap and prices fall further to record its intraday low at 18064.75. A smart recovery came toward the end of today’s trading session. A rally recovered all the losses that came during the day and the index finally dosed at 18202.80 near its opening tick with a gain of 85.65 points or 0.47% up. All the sectoral indices have closed higher except PHARMA which ended with a loss of 1.43%. METAL, AUTO, BANK, and OIL GAS outperformed today and ended with a gain of over 1%. We should look for a buying opportunity tomorrow. The idea is to wait till 09:30 AM and then look to buy above the high recorded till 09:30 AM. Keep a stop of 80 points and a target of 240 points from your entry price.


The BANK NIFTY opened at 41740.65 with a big gap up of 448 points. In its early trades, the index recorded its intraday high at 41779.40 and started drifting downwards. Prices have almost filled the gap, found support there, and then moved up after recording its intraday low at 41337.05. The index finally closed at 41721.60 near its opening tick with a gain of 429 points. PSU BANKS have outperformed today by closing 4.46% higher while PVT BANKS have also moved up today but ended with a gain of 0.52%. Within the index, in terms of points, SBIN contributed the highest on the upside while KOTAK BANK contributed the lowest. In the first half, prices have seen a sharp decline while in the second half, the index recovered. We have been tracking a narrow trading range inside 40800 – 41700. This range has seen a breakout today and prices have just closed above the 41700 resistance. Tomorrow, we should look for a buying opportunity. The idea is to wait till 09:30 AM and then look to buy above the high recorded. Keep a stop of 300 points and a target of 900 points from your entry price


MINDTREE 3505.4 BUY The stock has given a breakout on the intraday as well as the daily chart. The stock can be bought at CMP with a stop loss of 3488.75 and a target of 3535.60.
IBUHSGFIN 132 BUY The stock is on the verge of giving a breakout on the intraday as well as the daily chart. The stock can be bought at CMP with a stop loss of 131.45 and a target of 134.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
M&M 1360 (CE) BUY 31.10 CMP 25 42 BREAKOUT
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
BANKBARODA2211Nov 158.8 9.14 5.33 113033700 DIVISLAB.22.11 Nov 3403.6 -9.47 68.12 3383700
BRITANNIA.22.11 Nov 4158 8.64 37.14 2253000 MARICO.22.11 Nov 504.3 -6.69 31.91 11269200
AMARAJABAT2211 Nov 601.85 5.48 11.66 6769000 VEDL.22.11 Nov 307.7 -5.1 5.96 45024400
MUTHOOTFIN2211Nov 1115.95 4.37 2.55 7572000 ABFRL.22.11 Nov 321.85 -2.68 9.3 10608000
CANBK.22.11 Nov 311.1 4.31 4.63 43812900 SRF.22.11 Nov 2439 -2.29 10.11 4662750
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
LICHSGFIN.22.11 Nov 376 3.37 -4.15 16134000 ESCORTS.22.11 Nov 1954.6 -1.92 -18.8 1101925
RAIN.22.11 Nov 176.75 2.4 -7.67 11714500 BAJAJFINSV.22.11 Nov 1790 -1.05 -4.7 6060000
EICHERMOT.22.11 Nov 3746 2.05 -0.61 3153325 HONAUT.22.11 Nov 40345.35 -0.84 -2.75 30720
PEL.22.11 Nov 908.8 1.95 -1.71 5070175 CIPLA.22.11 Nov 1133.85 -0.76 -0.7 8652150
GAIL.22.11 Nov 90.8 1.85 -2.43 54296100 COROMANDEL.22.11Nov 950.9 -0.66 -0.35 2409400


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Ipca Laboratories Ltd. 944.05 1.72 378393 0 75.46 Nifty50 15989.8 1.13 77082
Oracle Fin Serv Soft Ltd 3095 1.43 46283 0 69.88 Niftybank 34324.25 1.5 77082
Gujarat State Petronet l 227.2 0.33 1123636 0 69.68 Nifty it 28007.6 1.13 77082
Ambuja Cements Ltd 368.25 0.44 2209031 0 69.41 India Vix 20.27 -2.5 77082
Infosys Limited 1491.65 1.06 5209162 0 69.18 Nifty Fmcg 40740.15 2.64 77082
Honeywell Auto India Ltd 34787.95 5.47 8072 0 68.48 Nifty Pharma 12331.15 0.8 77082
Ultratech Cement Limited 5828.05 1.71 371948 0 67.03 Nifty Realty 400.75 2.27 77082
Icici Bank Ltd. 725.95 0.9 12163533 0 67.01 Nifty Auto 11952.2 2.6 77079
Kotak Mahindra Bank Limi 1704.5 2.49 5572949 0 66.56 Nifty Metal 4665.3 0.03 77079
Hindustan Unilever Ltd 2498.4 4.03 4770394 0 65.58 Nifty Financial Services 15980.25 1.6 77088



   Domestic                                                                                                                                                  International
INR: CPI (YoY) (Oct) on 11th November, 2022

INR: Industrial Production (YoY) (Sep) on 11th November, 2022

 USD : CPI (MoM) (Oct) on 10th November, 2022

USD : Initial Jobless Claims on 10th November, 2022


  • On Monday, Sensex up 234.79 points or 0.39 percent at 61,185.15. Nifty up 82.60 points or 0.46 percent at 18,199.80. About 1994 shares advanced, 1465 shares declined, and 185 shares were unchanged.

  • Diagnostic services provider Dr Lal Path Labs on Tuesday said its consolidated profit after tax declined 24.8 per cent to Rs 72.4 crore in the second quarter ended September. The company had posted a profit after tax (PAT) of Rs 96.3 crore in the year-ago period, it said in a BSE filing. Its revenue from operations, however, grew 7.1 per cent to Rs 533.8 crore during the period under review, from Rs 498.4 crore in the corresponding quarter of the previous year.

  • E-commerce major Flipkart’s losses widened to over Rs 7,800 crore in the financial year 2021-22 based on performance of its business-to-business unit Flipkart India and B2C e-commerce unit Flipkart Internet, according to regulatory filings. According to filings, the combined loss of both entities stood at Rs 5,352 crore in the financial year 2020-21.

  • Available jobs in the IT Services sector dropped by over 50 percent year-on-year in October, according to data from Xpheno’s Active Jobs Outlook Report. The IT services sector had 60,000 active job openings in October, its lowest in 22 months. The number of openings fell 14 percent as compared to September.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
3MINDIA Interim Dividend;General;Quarterly Results 09-Nov-22 ASTAR Quarterly Results 09-Nov-22
ABAN Quarterly Results 09-Nov-22 ASTRAMICRO Quarterly Results 09-Nov-22
ACE Quarterly Results 09-Nov-22 AWHCL Quarterly Results 09-Nov-22
ACRYSIL Quarterly Results 09-Nov-22 AXISCADES Quarterly Results 09-Nov-22
AGSTRA Quarterly Results 09-Nov-22 BAJAJCON Quarterly Results 09-Nov-22
AIIL General;Quarterly Results 09-Nov-22 BALGOPAL Quarterly Results 09-Nov-22
ALLCARGO Quarterly Results 09-Nov-22 BALRAMCHIN Buy Back of Shares;Quarterly Results 09-Nov-22
AMBALALSA General;Quarterly Results 09-Nov-22 BANDARAM General;Quarterly Results 09-Nov-22
AMBIKCO Quarterly Results 09-Nov-22 BAPACK Quarterly Results 09-Nov-22
ANJANIFIN Quarterly Results 09-Nov-22 BARBEQUE Quarterly Results 09-Nov-22
APLAPOLLO Quarterly Results 09-Nov-22 BAYERCROP Interim Dividend;Quarterly Results 09-Nov-22
APOLLOFI General;Quarterly Results 09-Nov-22 BEDMUTHA Quarterly Results 09-Nov-22
ARTEMISMED Quarterly Results 09-Nov-22 BEML Quarterly Results 09-Nov-22
ARYAN General;Quarterly Results 09-Nov-22 BENGALASM Quarterly Results 09-Nov-22
ASIANFR Quarterly Results 09-Nov-22 BFLAFL Quarterly Results 09-Nov-22
ASMTEC Interim Dividend;Quarterly Results 09-Nov-22 BGJL General;Quarterly Results 09-Nov-22


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
IMAGICAA 09-Nov-22 E.G.M. AMRUTANJAN 14-Nov-22 Interim Dividend – Rs. – 1.0000
PUNITCO 09-Nov-22 Bonus issue 5:1 ARFIN 14-Nov-22 Stock  Split From Rs.10/- to Rs.1/-
TECHM 09-Nov-22 Special Dividend – Rs. – 18.0000 COMPUAGE 14-Nov-22 Right Issue of Equity Shares
DAAWAT 10-Nov-22 Interim Dividend – Rs. – 0.5000 EPL 14-Nov-22 Interim Dividend – Rs. – 2.1500
DALBHARAT 10-Nov-22 Interim Dividend – Rs. – 4.0000 JAMNAAUTO 14-Nov-22 Interim Dividend – Rs. – 0.8000
GILLETTE 10-Nov-22 Final Dividend – Rs. – 36.0000 NICCOPAR 14-Nov-22 Interim Dividend – Rs. – 0.4000
NYKAA 10-Nov-22 Bonus issue 5:1 PGINVIT 14-Nov-22 Income Distribution (InvIT)
SHAREINDIA 10-Nov-22 Interim Dividend – Rs. – 2.0000 POWERGRID 14-Nov-22 Interim Dividend – Rs. – 5.0000
SSWL 10-Nov-22 Stock  Split From Rs.5/- to Rs.1/- SMCGLOBAL 14-Nov-22 Interim Dividend – Rs. – 1.2000
AJANTPHARM 11-Nov-22 Interim Dividend – Rs. – 7.0000 AEGISLOG 15-Nov-22 Interim Dividend
GMM 11-Nov-22 Interim Dividend – Rs. – 1.0000 AMARAJABAT 15-Nov-22 Interim Dividend – Rs. – 2.9000
GPTINFRA 11-Nov-22 Bonus issue 1:1 BIRET 15-Nov-22 Income Distribution RITES
RUNGTAIR 11-Nov-22 Right Issue of Equity Shares COALINDIA 15-Nov-22 Interim Dividend – Rs. – 15.0000
SAMOR 11-Nov-22 Right Issue of Equity Shares GLOSTERLTD 15-Nov-22 Interim Dividend – Rs. – 50.0000
SIYSIL 11-Nov-22 Interim Dividend – Rs. – 4.0000 INDIGRID 15-Nov-22 Income Distribution (InvIT)

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