The NIFTY opened at 17920.85 with a gap up of just 25 points. The index initially consolidated, then saw a breakdown after recording its intraday high at 17945.80. Prices have seen a steep fall towards 17800 and then started hovering around this level for almost the whole afternoon. Another decline came which took prices to its intraday low at 17761.65. The index has seen some recovery in the last one and a half hours and finally closed at 17858.20 with a loss of 37.50 points or 0.21% down. MEDIA outperformed today and ended with a gain of more than half percent followed by IT and AUTO. OIL GAS underperformed today and closed with a loss of over 1% followed by BANK and FMCG. We have been tracking a wide trading range with support around 17800 and resistance around 18250. Today, prices have broken below 17800 but came back above the support levels. The short-term trend is sideways. It will be down if the index closes below 17800. As far as the Index is trading within the wide trading range, we should prefer trading on an intraday basis. Our approach should be to buy on dips and sell on rallies.


The BANK NIFTY opened at 42238.50 with a gap up of just 48 points. The index initially went down then turned up but could not sustain at the higher levels and again moved down after recording its intraday high at 42343.50. Prices have seen a sharp decline, consolidation, and a down move. The index recorded its intraday low at 41742.95 and then saw some recovery to finally close at 42092.95 with a loss of 98 points. PSU and PVT BANK both indices have performed almost the same today, saw an intraday decline, and closed with a loss of 0.31% & 0.47% respectively Within the index, in terms of points, HDFC BANK contributed the highest on the upside while AXIS BANK contributed the lowest. We have also been tracking a wide trading range with support around 41500 and resistance around 43500. The range is still intact and prices are trading near the lower end of this range. As mentioned yesterday, “Intraday traders can look for a trading opportunity on both sides of the market with an approach of buying on dips and selling on rallies Carry forward traders should wait for prices to come at the extreme of the above-mentioned trading range.”


GODREJ CP 915.15 BUY The stock has about to give a breakout on the intraday as well as the daily chart. The stock can be bought above 917 with a stop loss of 913 and a target of 925.
BPCL 345.05 SELL The stock has given a breakdown on the intraday as well as the daily chart. The stock can be sold at 343.35 with a stop loss of 345.85 and a target of 339.10.


Stock Name Strike Price Buy/Sell CMP Initiation Stop Loss Target Remarks
DLF  380 CE BUY 7.60 CMP 6.40 10 BREAKDOWN
Long Buildup Short Buildup
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
NAVINFLUOR.23.01 Jan 4127.5 5.13 18.26 500250 GRANULES.23.01 Jan 319.9 -3.73 5.72 7904000
PVR.23.01 Jan 1759 2.85 10.72 3072443 IDEA.23.01 Jan 7.25 -3.33 3.43 574350000
CHOLAFIN.23.01 Jan 687.45 2.81 1.28 7886250 NATIONALUM.23.01 Jan 82.35 -3.29 1.9 72757500
CUMMINSIND.23.01Jan 1484.05 2.44 10.68 1678800 DIVISLAB.23.01 Jan 3325 -2.99 11.26 2842950
ULTRACEMCO.23.01Jan 7168 1.85 3.01 2157800 HINDPETRO.23.01 Jan 250.45 -2.76 1.17 20725200
                                                                        Short Covering                                                                       Long Unwinding
Stocks Price Price% OI % OI Stocks Price Price% OI % OI
MCX.23.01 Jan 1517.1 1.83 -0.06 1400800 IOC.23.01 Jan 81.8 -2.33 -0.52 81617250
SIEMENS.23.01 Jan 2983.45 1.43 -0.98 1582350 BPCL.23.01 Jan 346.65 -2.19 -1.26 13941000
JSWSTEEL.23.01 Jan 764.05 1.21 -1.36 23652000 MRF.23.01 Jan 89836.45 -1.74 -2.16 53090
LTIMindtreeLimited.23.0 4291.25 1.08 -0.3 1782300 RBLBANK.23.01 Jan 178.8 -1.49 -0.6 29770000
PERSISTENT.23.01 Jan 3968.8 0.99 -4.49 442575 IDFC.23.01 Jan 83.85 -1.47 -0.05 116160000



Stocks Price %Chg Total Qty Delivery Del % % Change
Sectors Price Change % Quantity
Icici Lombard General In 1238.45 -0.28 372536 0 75.56 Nifty50 17858.2 -0.21 106827
Godrej Cons Products Ltd 915.15 1.63 914454 0 75.26 Niftybank 42082.25 -0.36 106761
Hdfc Bank Ltd. 1599.4 0.53 4625035 0 72.12 Nifty it 28720.3 0.43 106761
Icici Bank Ltd. 860.65 -0.65 16659001 0 71.75 India Vix 15.28 -1.07 107079
Container Corp Of India 722.1 0.12 1948172 0 71.74 Nifty Fmcg 43966.35 -0.36 106761
Abb Limited 2914.15 0.48 212709 0 70.73 Nifty Pharma 12671.45 -0.09 106761
Mah & Mah Ltd. 1319.9 0.56 2448619 0 69.21 Nifty Realty 425.15 0.05 106761
Cholamandalam Investment 685.6 2.95 3395939 0 67.91 Nifty Auto 12769.4 0.13 106761
Hcl Technologies Ltd. 1071.65 1.6 4748542 0 67.87 Nifty Metal 6783.65 -0.13 106761
Hdfc Life Insurance Comp 598.4 -0.24 2358813 0 67.55 Nifty Financial Services 18540.05 -0.14 106761


   Domestic                                                                                                                                                  International
INR: Deposit Growth on 13th  January, 2023

INR: FX Reserves, USD on 13th  January, 2023

 USD: Core Retail Sales (MoM) (Dec) on 18th  January, 2023

USD: PPI (MoM) (Dec) on 18th  January, 2023


  • Benchmark indices ended lower in the volatile session on January 12.The Sensex was down 147.47 points or 0.25% at 59,958.03, and the Nifty was down 37.50 points or 0.21% at 17,858.20. About 1590 shares have advanced, 1813 shares declined, and 152 shares are unchanged.

  • Infosys saw a significant decrease in attrition for the third quarter of FY23, with attrition falling from 27.1 percent to 24.3 percent on a trailing twelve-month basis, the company announced on January 12 as it released its Q3FY23 results.

  • Paytm plunged 8.8 percent on Thursday after parent One97 Communications Ltd recorded a series of block deals in which around 19.20 million shares, or 3 percent stake, of the company changed hands.

  • PVR and INOX on January 12 received the Mumbai bench of the National Company Law Tribunal’s (NCLT) approval for their merger, sources tracking the development said.The tribunal approved the scheme of merger in a verbal order and a written order is expected over the next 15-20 days.The merger ratio that has been approved is three shares of PVR for 10 shares of INOX.

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


Company Name Purpose Meeting Date Company Name Purpose Meeting Date
ANUP Quarterly Results 13-Jan-23 RAJNISH Quarterly Results;General 13-Jan-23
ARCHITORG Quarterly Results 13-Jan-23 RPEL Quarterly Results 13-Jan-23
ARTSONEN Quarterly Results 13-Jan-23 UNISTRMU General 13-Jan-23
ASIANVE Quarterly Results 13-Jan-23 VIVIMEDLAB A.G.M. 13-Jan-23
BIRLAMONEY Quarterly Results 13-Jan-23 WIPRO Quarterly Results;Interim Dividend 13-Jan-23
CHOICEIN Quarterly Results 13-Jan-23 ZENITHEXPO General 13-Jan-23
GANESHHOUC Quarterly Results 13-Jan-23 CHITRTX General 14-Jan-23
GBGLOBAL General 13-Jan-23 DMART Quarterly Results 14-Jan-23
GENCON Issue Of Warrants;Preferential Issue of shares 13-Jan-23 GOEL General 14-Jan-23
GOYALALUM Stock  Split;General 13-Jan-23 GOLKUNDIA Quarterly Results 14-Jan-23
GUJHOTE Quarterly Results 13-Jan-23 HDFCBANK Quarterly Results 14-Jan-23
HATHWAYB Quarterly Results 13-Jan-23 IMCAP Preferential Issue of shares 14-Jan-23
HCKKVENTURE Quarterly Results;General 13-Jan-23 INFOMEDIA Quarterly Results 14-Jan-23
HERITGFOOD Right Issue of Equity Shares 13-Jan-23 JAYANT General 14-Jan-23
ITHL Quarterly Results 13-Jan-23 NOUVEAU Quarterly Results 14-Jan-23
JPTRLES Quarterly Results 13-Jan-23 PREMCAP Quarterly Results 14-Jan-23
JUSTDIAL Quarterly Results;General 13-Jan-23 SFPIL Quarterly Results 14-Jan-23
L&TFH Quarterly Results 13-Jan-23 SHINDL General 14-Jan-23
LAFFANSQ Quarterly Results 13-Jan-23 VIKSHEN Quarterly Results 14-Jan-23
MANOMAY Increase in Authorised Capital;Preferential Issue of shares;General 13-Jan-23 ZFSTEERING Quarterly Results 14-Jan-23
PRAVEG Issue Of Warrants;Preferential Issue of shares;General 13-Jan-23 KSOLVES Quarterly Results 15-Jan-23


Company Name Ex-Date Purpose Company Name Ex-Date Purpose
INDOWIND 13-Jan-23 Right Issue of Equity Shares PRECWIRE 24-Jan-23 E.G.M.
RADIOCITY 13-Jan-23 Scheme of Arrangement HAVELLS 25-Jan-23 Interim Dividend
SOFTSOL 13-Jan-23 Buy Back of Shares NATIONALUM 25-Jan-23 Interim Dividend
VISHNU 13-Jan-23 Stock  Split From Rs.10/- to Rs.2/- PERSISTENT 25-Jan-23 Interim Dividend
NEWMKTADV 16-Jan-23 E.G.M. PBAINFRA 27-Jan-23 E.G.M.
TCS 16-Jan-23 Interim Dividend – Rs. – 8.0000 SURYAROSNI 27-Jan-23 Interim Dividend
TCS 16-Jan-23 Special Dividend – Rs. – 67.0000 ASCENSIVE 30-Jan-23 E.G.M.
AARTISURF 17-Jan-23 Right Issue of Equity Shares BANARBEADS 30-Jan-23 Interim Dividend
MARKOLINES 17-Jan-23 Right Issue of Equity Shares BAZELINTER 30-Jan-23 E.G.M.
SKL 17-Jan-23 E.G.M. IIFLWAM 30-Jan-23 Interim Dividend
KPIGREEN 18-Jan-23 Bonus issue 1:1 RKFORGE 31-Jan-23 Dividend
HCLTECH 19-Jan-23 Interim Dividend DCMSHRIRAM 01-Feb-23 Interim Dividend
DDIL 20-Jan-23 Stock  Split From Rs.10/- to Rs.1/- ACCELYA 02-Feb-23 Interim Dividend
KARNAVATI 20-Jan-23 E.G.M. VAIBHAVGBL 03-Feb-23 Interim Dividend
ANGELONE 24-Jan-23 Interim Dividend ZENSARTECH 03-Feb-23 Interim Dividend
CARGOSOL 24-Jan-23 E.G.M. GILLETTE 09-Feb-23 Interim Dividend
GOTHIPL 24-Jan-23 Interim Dividend CAMS 15-Feb-23 Interim Dividend

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