Good Morning everyone below are a few analyses given for learning purposes, do not take any trade based on these, Only do the observation. My only intention is to teach how we read price action, patterns & candlesticks. Best Stocks selection will not give you success along with that you need to focus on R:R and money management properly. Do your research before making any decision.

IPO Update –
Sanstar IPO –
Sanstar is one of the major manufacturers of plant-based specialty products and ingredient solutions
in India for food, animal nutrition, and other industrial applications (Source: Company Commissioned
Frost & Sullivan Report, dated December 30, 2023). Their products include liquid glucose, dried
glucose solids, maltodextrin powder, dextrose monohydrate, native maize starches, modified maize
starches, and co-products like germs, gluten, fibre, and enriched protein, amongst others. Their
speciality products and ingredients solutions add taste, texture, nutrients, and increased
functionality to (i) foods as ingredients, thickening agents, stabilizers, sweeteners, emulsifiers, and
additives (in bakery products, confectionery, pastas, soups, ketchups, sauces, creams, deserts,
amongst others), (ii) animal nutrition products as nutritional ingredients, and (iii) other industrial
products as disintegrants, excipients, supplements, coating agents, binders, smoothing & flattering
agents, finishing agents, among others.
Objects of the Issue
 Funding the capital expenditure requirement for expansion of our Dhule Facility
 Repayment and/or pre-payment, in part or full, of certain borrowings availed by our
Company
 General corporate purposes

Earnings -
Infosys –
Revenue Expectation - Rs.38,905 Cr. Reality – Rs. 39,315 Cr.
Profit – Expectation – Rs 6,198 Cr. Reality – Rs. 6368 Cr.
Raises FY25 revenue growth guidance to 3-4% vs 1-3% earlier.
Attrition rate falls 4.6%, employee strength declines 6.2% to 3.15 lakh

Good Morning everyone below are a few analyses given for learning purposes, do not take any trade based on these, Only do the observation. My only intention is to teach how we read price action, patterns & candlesticks. Best Stocks selection will not give you success along with that you need to focus on R:R and money management properly. Do your research before making any decision.

Market Updates –
Kotak Mahindra Bank Q1 Results: Net profit zooms 81% to ₹6,249 crore, NII up 10% YoY.


Reliance Q1 Results: Net profit declines 5.4% YoY to ₹15,138 crore, revenue up 11%

BSE market capitalization reached $5.45 trillion for the first time.

IPO of Sanstar got oversubscribed by 4.23 times.

Microsoft on Saturday said that CrowdStrike’s update affected 8.5 million Windows devices, or less than one percent of all Windows machines.

Major Event –
Union Budget 2024 -23/7/24 - Tuesday

BUDGET ANALYSIS :-

Good Afternoon everyone below are a few analyses given for learning purposes, do not take any trade based on these, Only do the observation. My only intention is to teach how we read price action, patterns & candlesticks. Best Stocks selection will not give you success along with that you need to focus on R:R and money management properly. Do your research before making any decision.

Recently shoot 3-4 podcast in Delhi, this is one of them , rest links will paste here in future .

Imp news :- GST collections surge to ₹1.82 trillion in July, up 10.3% YoY
 
ITC June quarter profit flat at ₹4,917 cr, revenue rises 7.2% to ₹18,220 cr

Ipo alert:-
Ceigall India

Ceigall India was incorporated in July 2002, and it is an infrastructure construction company with experience in undertaking specialized structural work such as elevated roads, flyovers, bridges, railway bridges, tunnels, highways, expressways, and runways It has a reputation for delivering quality projects. They are one of the fastest growing engineering, procurement, and construction (“EPC”) company in terms of three-year revenue CAGR as of Fiscal 2023, among the companies with a turnover of over ₹ 10,000 million in Fiscal 2023.


The company has completed over 34 projects, including 16 EPC and one HAM project, in the roads and highways sector. Currently, the Company has 15 ongoing projects, including 11 EPC projects and four HAM projects which include elevated corridors, bridges, flyovers, rail overbridges, tunnels, expressways, runways, and multi-lane highways. In addition to undertaking operation and maintenance (“O&M”) activities by their contractual obligations under the EPC/HAM concession agreements, they have also undertaken independent O&M projects. Further, they have also undertaken sub-contracting projects in the past.


Objects of the Issue

Purchase of equipment
Repayment/ prepayment, in full or in part, of certain borrowings availed by our Company and our Subsidiary, CIPPL

Summary of-
Consultation Paper on Measures to Strengthen Index Derivatives Framework for Increased Investor

Protection and Market Stability

Key Points:
1. Objective:
o The consultation paper aims to introduce measures to enhance investor protection
and market stability in the derivatives market, given the increasing retail
participation and speculative trading in index derivatives.

2. Changing Markets:
o Weekly index options contracts have become popular, leading to significant trading
activities, especially on expiry days.
o The turnover in the derivatives market has surpassed the cash market, with a
notable increase in index options trading. This shift is largely attributed to retail
investors, whose participation surged post-COVID-19.

3. Issues Identified:
o Speculative Trading: There is heightened speculative trading activity on expiry days,
leading to increased market volatility.
o Losses for Individual Traders: A substantial percentage of individual traders incur
losses in the derivatives segment, with significant transaction costs further
exacerbating their financial losses.
o Increased Retail Participation: The proliferation of trading in derivatives has spread
beyond tier-1 cities, with many retail investors participating without adequate risk
understanding.
4. Proposed Measures:
o Rationalization of Strike Prices: To avoid fragmented liquidity and scattered trading
activity, a more logical introduction of strike prices for options is suggested.
o Rationalization of Weekly Index Products: To reduce volatility and speculative
trading, a re-evaluation of weekly expiry index derivatives is proposed.
o Removal of Calendar Spread Benefit on Expiry Day: The removal of margin benefits
for calendar spread positions on expiry day is suggested to mitigate risk.
o Intraday Monitoring of Position Limits: Real-time monitoring is recommended to
prevent intraday breaches of position limits, particularly on expiry days.
o Increase in Minimum Contract Size: An increase in the minimum contract size for
index derivative contracts is proposed to reflect market growth and manage risk.
o Upfront Collection of Option Premiums: To protect investors, it is proposed that
options premiums be collected upfront by trading members (TMs) and clearing
members (CMs).

5. Conclusion:
o The consultation paper emphasizes the need for regulatory changes to protect
investors, ensure market stability, and sustain capital formation. The proposed
measures aim to address the issues of speculative trading and market volatility while
fostering a more secure and robust derivatives market.