The NIFTY opened at 17790.10 with a gap up of just 26 points. The index initially tried to move up but failed to do so and started drifting downwards after recording its intraday high at 17811.15. Prices have seen a decline, a minor rally, and a sharp decline, bringing prices below 17700. The index found support just above 17650 and recorded its intraday low at 17652.55. The index has seen a modest recovery and then a sharp fall in the last 30 minutes of trading. Prices have finally closed at 17721.50 with a loss of 43.10 points or 0.24% down. REALTY outperformed today followed by BANK and FINANCIAL AUTO and FMCG underperformed today followed by IT, MEDIA, and METAL PHARMA ended on a flat note. The last two days of narrow movements should lead prices to an expansion phase. We are recommending the same trade for tomorrow also. Look to buy above 17850 or sell short below 17650. In case of a gap apply the first 15-minute rule. Keep a stop of 80 points and a target of 240 points from your entry price.


The BANK NIFTY opened at 41513.10 with a gap up of 146 points. The index consolidated in a tight narrow range, eventually breaking on the downside. The index moved down to record its intraday low at 41095.10 and then saw a sharp upside move. Prices have recorded its intraday high at 41630.75 and saw a major decline in the last 30 minutes of trading. The index finally closed at 41464.40 with a gain of 97 points. PVT BANK has outperformed today, saw an intraday rally, and closed higher by 0.19%. PSU BANK has under performed today and closed lower by 0.20% Within the index, in terms of points, KOTAK BANK contributed the highest on the upside while ICICI BANK contributed the lowest. A breakout with a close above 41500 may give us a buying opportunity while if prices hold 41500 resistance then we should look for shorting opportunity. We should take a trade in the direction of a breakout. Look to buy above 41700 or sell short below 41000. In case of a gap apply the first 15-minute rule: Keep a stop of 240 points and a target of 800 points from your entry price.


KOTAK BANK 1775.40 BUY The stock has given a breakout on the intraday as well as the daily chart. The stock can be bought above 1777.10 with a stop loss of 1769.65 and a target of 1794.15.
 TATA MTR 435.45 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold below 434.40 with a stop loss of 438.60 and a target of 426.


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
INTELLECT.23.02 Feb 441.95 4.54 0.07 4477000 AARTIIND.23.02 Feb 536.5 -5.04 9.88 3761250
NAVINFLUOR.23.02 Feb 4293.5 3.85 30.66 730050 TATASTEEL.23.02 Feb 111.65 -4.94 11.05 184178500
ABB.23.02 Feb 3045 3.36 8.88 1646000 HINDALCO.23.02 Feb 431.4 -3.9 12.39 29478400
RAMCOCEM.23.02 Feb 701 3.08 5.94 3853050 IDEA.23.02 Feb 8 -3.61 1.49 564340000
TATACHEM.23.02 Feb 1035 2.51 8.3 6025000 MUTHOOTFIN.23.02 Feb 1006.75 -3.25 0.83 6610450
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
ADANIENT.23.02 Feb 1824.6 15.88 -1.9 10130250 METROPOLIS.23.02 Feb 1256.9 -3.21 -0.08 954000
PETRONET.23.02 Feb 219.85 3.29 -3.19 12117000 LALPATHLAB.23.02 Feb 1916.05 -2.63 -1.8 1120000
GODREJPROP.23.02 Feb 1180.15 1.9 -2.81 4186675 ITC.23.02 Feb 368.45 -2.55 -2.48 56796800
ADANIPORTS.23.02 Feb 556 1.71 -1.66 56629375 BSOFT.23.02 Feb 278.65 -1.99 -1.12 8278000
HAL.23.02 Feb 2439.45 1.38 -1.26 3147600 MIDCPNIFTY.23.02 Feb 6878.5 -1.43 -100 0


Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Infosys Limited 1562.4 Nifty50 17721.5 -0.24 98550
Wipro Ltd 400.5 Niftybank 41490.95 0.28 98547
Reliance Industries Ltd 2305.9 Nifty it 30310.7 -0.33 98547
Zee Entertain. 221.3 India Vix 14.13 -3.85 98547
Larsen & Toubro Limited 2165.3 Nifty Fmcg 45758.1 -1.16 98550
Acc Limited 1994.05 Nifty Pharma 12191.4 -0.01 98550
Itc Ltd. 373.25 Nifty Realty 411.6 0.88 98550
Hcl Technologies Ltd. 1128.25 Nifty Auto 13226.05 -1 98550
Hindustan Unilever Ltd 2601.2 Nifty Metal 5757.35 -0.26 98550
Tata Steel Limited 111.45 Nifty Financial Services 18395.65 0.13 98550


   Domestic                                                                                                                                                  International
INR: Interest Rate Decision 08th February, 2023

INR: Manufacturing Output (MoM) 10th February, 2023

 USD: Crude Oil Inventories on 08th  February, 2023

USD: Initial Jobless Claims on 09th  February, 2023


  • Sensex is down 220.86 points or 0.37 percent at 60,286.04. Nifty down 43.10 points or 0.24 percent at 17,721.50. About 1559 shares have advanced, 1854 shares declined, and 124 shares are unchanged. Most sectors ended in the red with minor gains in capital goods, realty and private banking sectors.

  • Ambuja Cements on February 7 recorded a massive 46 percent year-on-year growth in standalone profit at Rs 369 crore for the quarter ended December FY23 with stable operating margin and higher other income, beating analysts’ expectations on all counts.

  • Bharti Airtel, India’s second-largest telecom company, recorded a 91 percent surge in consolidated net profit at Rs 1,588 crore for the quarter ended December 2022 from Rs 830 crore a year back. The profit missed analysts’ projections who were expecting more than 200 percent YoY growth in net profit for the quarter.

  • Paytm’s revenue surged 41 percent to Rs 2,062 crore in the December quarter (Q3), compared to the year-ago period, while net loss narrowed to Rs 392 crore, according to a regulatory filing. The digital payments and financial services company’s loss in the corresponding period last year was Rs 778 crore, whereas it stood at Rs 572 crore in the September quarter, Paytm said..
Source: Economic Times,  Indian Express, Business Today, Livemint, Business Standard, Bloomberg Quint


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
3MINDIA General;Quarterly Results 08-Feb-23 DICIND Dividend;Audited Results 08-Feb-23
AAL General;Quarterly Results 08-Feb-23 DNAMEDIA Quarterly Results 08-Feb-23
AANANDALAK Quarterly Results 08-Feb-23 DREAMFOLKS Quarterly Results 08-Feb-23
ABCINDQ Quarterly Results 08-Feb-23 DYNAVSN Quarterly Results 08-Feb-23
ADANIPOWER Quarterly Results 08-Feb-23 EKC Quarterly Results 08-Feb-23
ADCON Quarterly Results 08-Feb-23 EMPIND Quarterly Results 08-Feb-23
AGARWAL General;Quarterly Results 08-Feb-23 ENDURANCE Quarterly Results 08-Feb-23
AKCAPIT Interim Dividend;Quarterly Results 08-Feb-23 EQUITASBNK Audited Results;Quarterly Results 08-Feb-23
ALKASEC Quarterly Results 08-Feb-23 ESCORTS Quarterly Results 08-Feb-23
AMALGAM General;Quarterly Results 08-Feb-23 ESQRMON Quarterly Results 08-Feb-23
AREYDRG Quarterly Results 08-Feb-23 EUREKAI Quarterly Results 08-Feb-23
ASIANENE Quarterly Results 08-Feb-23 FLORATX Quarterly Results 08-Feb-23
ASIANTNE Quarterly Results 08-Feb-23 FUNDVISER Quarterly Results 08-Feb-23
ASMTEC Right Issue of Equity Shares;Interim Dividend;Quarterly Results 08-Feb-23 GATI Quarterly Results 08-Feb-23
ATHENAGLO Quarterly Results 08-Feb-23 GDLLEAS Quarterly Results 08-Feb-23
ATVPR Quarterly Results 08-Feb-23 GLOBUSCON Quarterly Results 08-Feb-23
AWHCL Quarterly Results 08-Feb-23 GOCLCORP Quarterly Results 08-Feb-23
AWL Quarterly Results 08-Feb-23 GODREJAGRO Quarterly Results 08-Feb-23
BAFNAPHARM Quarterly Results 08-Feb-23 GPPL General;Quarterly Results 08-Feb-23
BCP Quarterly Results 08-Feb-23 GRAPHITE Quarterly Results 08-Feb-23
BELLACASA Quarterly Results 08-Feb-23 GTL Quarterly Results 08-Feb-23
BHAGYFN Quarterly Results 08-Feb-23 GTLINFRA Quarterly Results 08-Feb-23
BMW Quarterly Results 08-Feb-23 HARDCAS General;Quarterly Results 08-Feb-23
BOMTALKIES Quarterly Results 08-Feb-23 HCL-INSYS Quarterly Results 08-Feb-23
CENTENKA Quarterly Results 08-Feb-23 HELPAGE Quarterly Results 08-Feb-23
CENTEXT Quarterly Results 08-Feb-23 HFIL General;Quarterly Results 08-Feb-23
CNIRESLTD Quarterly Results 08-Feb-23 HGINFRA General;Quarterly Results 08-Feb-23
CUMMINSIND Interim Dividend;Quarterly Results 08-Feb-23 HIMATSEIDE General 08-Feb-23
DBSTOCKBRO General;Quarterly Results 08-Feb-23 HINDMOTORS Quarterly Results 08-Feb-23
DCMFINSERV Quarterly Results 08-Feb-23 HITECHGEAR Quarterly Results 08-Feb-23


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
AARTIDRUGS 08-Feb-23 Interim Dividend – Rs. – 1.0000 RECLTD 09-Feb-23 Interim Dividend – Rs. – 3.2500
ANURAS 08-Feb-23 Interim Dividend – Rs. – 0.6000 BEL 10-Feb-23 Interim Dividend – Rs. – 0.6000
COALINDIA 08-Feb-23 Interim Dividend – Rs. – 5.2500 CARBORUNIV 10-Feb-23 Interim Dividend – Rs. – 1.5000
HIL 08-Feb-23 Interim Dividend – Rs. – 20.0000 CARERATING 10-Feb-23 Interim Dividend – Rs. – 10.0000
KAJARIACER 08-Feb-23 Interim Dividend – Rs. – 6.0000 CHOLAFIN 10-Feb-23 Interim Dividend – Rs. – 1.3000
MOIL 08-Feb-23 Interim Dividend – Rs. – 3.0000 CLEAN 10-Feb-23 Interim Dividend – Rs. – 2.0000
PARVATI 08-Feb-23 Right Issue of Equity Shares EVANS 10-Feb-23 Bonus issue 1:1
PGHH 08-Feb-23 Interim Dividend – Rs. – 80.0000 GESHIP 10-Feb-23 Interim Dividend – Rs. – 7.2000
POWERGRID 08-Feb-23 Interim Dividend – Rs. – 5.0000 GPTINFRA 10-Feb-23 Interim Dividend – Rs. – 1.0000
RADIANTCMS 08-Feb-23 Interim Dividend – Rs. – 1.0000 IRBINVIT 10-Feb-23 Income Distribution (InvIT)
RAILTEL 08-Feb-23 Interim Dividend – Rs. – 1.5000 JUBLINGREA 10-Feb-23 Interim Dividend – Rs. – 2.5000
SHANTIGEAR 08-Feb-23 Interim Dividend – Rs. – 3.0000 KPITTECH 10-Feb-23 Interim Dividend – Rs. – 1.4500
SUNPHARMA 08-Feb-23 Interim Dividend – Rs. – 7.5000 MASFIN 10-Feb-23 Interim Dividend – Rs. – 1.8000
TCIEXP* 08-Feb-23 Interim Dividend – Rs. – 3.0000 NACLIND 10-Feb-23 Interim Dividend – Rs. – 0.1500
GILLETTE 09-Feb-23 Interim Dividend – Rs. – 35.0000 ORIENTCEM 10-Feb-23 Interim Dividend – Rs. – 0.5000
GREENPANEL 09-Feb-23 Interim Dividend – Rs. – 1.5000 PCBL 10-Feb-23 Interim Dividend – Rs. – 5.5000
IMPAL 09-Feb-23 Interim Dividend – Rs. – 9.0000 PHCAP 10-Feb-23 Dividend – Rs. – 0.2500
ORIENTELEC 09-Feb-23 Interim Dividend – Rs. – 0.7500 SPORTKING 10-Feb-23 Buy Back of Shares
QGO 09-Feb-23 Interim Dividend – Rs. – 0.1000 VALIANTORG 10-Feb-23 Interim Dividend – Rs. – 1.0000
RAJOIL 09-Feb-23 Right Issue of Equity Shares VRLLOG 10-Feb-23 Buy Back of Shares

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