The NIFTY opened at 17952.55 with a gap up of 94 points. The index initially moved higher after recording its intraday low at 17936.15 in its initial trades. Prices crossed above 18100 and then started facing resistance. The index turned down after recording its intraday high at 18141.40 and found support around 18000. The Index bounced up from there, saw a sharp rally that lasted till the end, and again moved above 18100. Prices have finally dosed at 1810120 with a gain of 241.75 points or 1.35% up. All the sectoral indices have closed higher today led by IT which ended with a gain of 2.83%. AUTO, METAL, and OIL GAS also did well today and gained over 1% followed by BANK and PHARMA. The short-term trend is sideways again as the index closes above the 18000 level. On the daily timeframe chart, a wide trading range is clearly visible with support around 17800 and resistance around 18250. For carry-forward trades, we need to wait for prices to come near the boundaries of this wide trading range. We will plan our trade then. Till then, avoid trading the index.


The BANK NIFTY opened at 42404.85 with a gap up of 186. The index moved further on the upside after recording its intraday low at 42186.55 in its initial trades. The index saw a sharp rally and recorded its intraday high at 42716.80. Prices then saw a decline and again an upside move which lasted till the end. The index finally closed at 42563.50 with a gain of 345 points. PSU and PVT BANK both indices have performed almost the same today saw a sharp rally, and closed higher by 1.14% &0.93% respectively. Within the index, in terms of points, AXIS BANK contributed the highest on the upside followed by INDUSIND BANK. On the daily timeframe chart, the index is moving inside the support around 41500 and resistance around 43500. This range is relatively wide and within this range, we should prefer trading on an intraday basis only. The short-term trend is sideways again after one day of a sharp rellef rally. The last four trading days were wide so it is possible that the next few days may be narrow and choppy As of now, we should avoid trading the Index for the next couple of days.


LT 2121.70 BUY The stock has about to give a breakout on the intraday as well as the daily chart. The stock can be bought above 2125.55 with a stop loss of 2114.20 and a target of 2148.45.
HINDPETRO 245.15 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold at 244.70 with a stop loss of 246.30 and a target of 241.45.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
L&TFH.23.01 Jan 92.3 5.79 6.72 65020264 IDEA.23.01 Jan 7.4 -5.13 5.63 609140000
M&M.23.01 Jan 1317.05 3.61 13.97 14309400 TRENT.23.01 Jan 1224.7 -2.36 7.16 4798400
TCS.23.01 Jan 3314.5 3.21 5.99 10564575 GNFC.23.01 Jan 578.6 -2.13 13.25 9241700
HCLTECH.23.01 Jan 1059 3.18 2.96 9287600 TITAN.23.01 Jan 2498 -2.11 14.45 8120625
HINDCOPPER.23.01 Jan 119.9 3.01 1.67 19296000 HINDPETRO.23.01 Jan 246.2 -1.83 3.95 20981700
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
PERSISTENT.23.01 Jan 4005.95 4.57 -2.98 450100 APOLLOTYRE.23.01 Jan 328.5 -0.21 -0.66 13594000
INTELLECT.23.01 Jan 440.5 3.94 -0.78 4564000
BSOFT.23.01 Jan 294.3 3.35 -4.63 8368000
COFORGE.23.01 Jan 3986.5 3.23 -7.31 490500
FSL.23.01 Jan 104.45 2.91 -0.43 15787200


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Oracle Fin Serv Soft Ltd 3006.8 0.35 82557 0 76.46 Nifty50 18101.2 1.35 103227
Power Grid Corporation o 209.1 0.48 39363845 0 74.42 Niftybank 42582.75 0.93 103161
Hcl Technologies Ltd. 1067.45 3.35 4562242 0 74.03 Nifty it 28748.15 2.83 103161
Icici Bank Ltd. 873.35 0.37 16811853 0 73.5 India Vix 14.65 -2.45 103569
Kotak Mahindra Bank Limi 1811.9 1.4 3426868 0 72.53 Nifty Fmcg 44796.65 0.86 103161
Torrent Pharma Ltd. 1561.5 0.97 120962 0 72.23 Nifty Pharma 12770.6 0.91 103161
Zydus Lifesciences Limit 444.05 3.1 2054103 0 70.95 Nifty Realty 428.45 0.61 103161
Infosys Limited 1484.45 2.48 11498717 0 70.26 Nifty Auto 12783 1.23 103161
Container Corp Of India 747.2 1.46 1198453 0 69.08 Nifty Metal 6792.9 1.43 103161
Hdfc Ltd. 2615.9 0.77 2895579 0 68.85 Nifty Financial Services 18731.55 0.69 103161


   Domestic                                                                                                                                                  International
INR: Manufacturing Output (MoM) (Nov) on 12th  January, 2023

INR: CPI (YoY) (Dec) on 12th  January, 2023

 USD: Fed Chair Powell Speaks on 10th  January, 2023

USD: Crude Oil Inventories on 11th  January, 2023


  • India’s benchmark stock indices ended 1% higher on Monday tracking the gain in Asian and U.S. stocks. Key economic data from the U.S. showed that its economy might be cooling, leading investors to believe in a possible softer stance by the Federal Reserve. The S&P BSE Sensex ended 845 points, or 1.41%, higher at 60,747.31 while the NSE Nifty 50 gained 242 points, or 1.35%, to close at 18,101.20.

  • ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corporation (ONGC), has re-taken a 20 per cent stake in the Sakhalin-1 oil and gas fields in the far east region of Russia, an official said on Monday.

  • The government’s divestment of stake in IDBI Bank Ltd. is likely to have received at least four expressions of interest, two people in the know said on the condition of anonymity. Emirates NBD, Sumitomo Mitsui Banking Corp. and Prem Watsa’s Fairfax Financial are likely to have submitted EOIs, the two people said.

  • Torrent Investments, which is fray for Anil Ambani-promoted Reliance Capital, has challenged lenders’ proposal to hold a second round of auction, according to a report by the Economic Times.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
AARSHYAM Quarterly Results 10-Jan-23 AARTECH General 11-Jan-23
ATHARVENT General;Quarterly Results 10-Jan-23 ALSTONE Quarterly Results 11-Jan-23
EARUM Increase in Authorised Capital;Rights Issue 10-Jan-23 AML General 11-Jan-23
EASUN General 10-Jan-23 BAJGLOB Quarterly Results 11-Jan-23
EXCEL General;Quarterly Results 10-Jan-23 BAZELINTER Employees Stock Option Plan;Increase in Authorised Capital;General;Preferential Issue of shares 11-Jan-23
GGPL General;Quarterly Results 10-Jan-23 BNL Quarterly Results 11-Jan-23
GISOLUTION Quarterly Results 10-Jan-23 CAPFIN General;Quarterly Results 11-Jan-23
GMPL General 10-Jan-23 GORANIN Quarterly Results 11-Jan-23
MAGNUM Issue Of Warrants 10-Jan-23 MAHALXSE General 11-Jan-23
MARSONS Quarterly Results 10-Jan-23 MARKOLINES Rights Issue 11-Jan-23
PRERINFRA Quarterly Results 10-Jan-23 NATIONSTD Quarterly Results 11-Jan-23
QUESTCAP Quarterly Results 10-Jan-23 RESPONSINF General 11-Jan-23
RLF Quarterly Results 10-Jan-23 RITESHIN General 11-Jan-23
SIGACHI Preferential Issue of shares 10-Jan-23 SEL Quarterly Results 11-Jan-23
VISAGAR Quarterly Results 10-Jan-23 UNIAUTO General 11-Jan-23
5PAISA General;Quarterly Results 11-Jan-23 VEL Quarterly Results 11-Jan-23


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
RAJNISH 10-Jan-23 Stock  Split From Rs.2/- to Rs.1/- TCS 16-Jan-23 Interim Dividend
JETFREIGHT 11-Jan-23 Right Issue of Equity Shares SKL 17-Jan-23 E.G.M.
JMCPROJECT 11-Jan-23 Amalgamation KPIGREEN 18-Jan-23 Bonus issue 1:1
PACIFICI 11-Jan-23 Right Issue of Equity Shares HCLTECH 19-Jan-23 Interim Dividend
WELENT 11-Jan-23 Special Dividend – Rs. – 7.5000 DDIL 20-Jan-23 Stock  Split From Rs.10/- to Rs.1/-
INFRATRUST 12-Jan-23 Income Distribution (InvIT) ANGELONE 24-Jan-23 Interim Dividend
INDOWIND 13-Jan-23 Right Issue of Equity Shares GOTHIPL 24-Jan-23 Interim Dividend
RADIOCITY 13-Jan-23 Scheme of Arrangement HAVELLS 25-Jan-23 Interim Dividend
SOFTSOL 13-Jan-23 Buy Back of Shares PBAINFRA 27-Jan-23 E.G.M.
VISHNU 13-Jan-23 Stock  Split From Rs.10/- to Rs.2/- BANARBEADS 30-Jan-23 Interim Dividend
NEWMKTADV 16-Jan-23 E.G.M. ZENSARTECH 03-Feb-23 Interim Dividend

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