Morning Update (16th February)
NIFTY: The index remained sideways to bullish after a gap up opening. Index formed a doji on the daily timeframe, and is expected to remain sideways. Bullish continuation is expected if the index closes above the crucial level of 22000.
BANK NIFTY: Index was bullish as it continues to trade in a range. Bullish momentum will continue if the index closes above 46300. View is sideways to bullish.
Index Levels
NIFTY
Intraday Support Level: 21500
Intraday Resistance Level: 22000
BANK NIFTY
Intraday Support Level: 45700
Intraday Resistance Level: 46600
Stocks in News
-NMDC to ramp up gold mining in Australia and commence pre-feasibility studies soon for lithium reserves in Australia.
-Coal India inks MoU with Haryana for PPA for 800 megawatts (MW) of power from Mahanadi Basin Power (MBPL).
M&M evaluating EV battery manufacturing unit for its own EVs
-NBCC to redevelop housing project for MEA (Ministry of External Affairs) for Rs 262 crore
-Swan Energy to raise Rs 4,000 crore via QIP to be launched in Feb
-Carlyle Group sells Rs 1,056 crore worth stake in Yes Bank.
Results Corner
R Systems Q3: YoY consolidated net revenue up 4.21% to Rs 416.32 cr, and net profit up 11.58% to Rs 46.17 cr.
Alembic Ltd Q3: YoY consolidated net revenue up 28.45% to Rs 39.32.02 cr, and net profit down 8.32% to Rs 9.92 cr.
Results Today: Schaeffler, Par Drugs, CRISIL and more.
Quick Takeaways
-Government hikes windfall tax on crude oil and diesel with effect from Feb 16.
-Vibhor Steel Tubes IPO oversubscribed 320 times on final day of offer, highest in the last three years for Mainboard IPOs.
-Vedanta's promoter company sells 1.7% stake for Rs 1,737 crore
F&O Ban on NSE:
-IndusTower
-BalrampurChini
-DeltaCorp
-SAIL
-IndiaCement
-HindCopper
-ZEEL
-BandhanBank
-ABFRL
-AshokLeyland
-Biocon
-CanaraBank
NIFTY: The index remained sideways to bullish after a gap up opening. Index formed a doji on the daily timeframe, and is expected to remain sideways. Bullish continuation is expected if the index closes above the crucial level of 22000.
BANK NIFTY: Index was bullish as it continues to trade in a range. Bullish momentum will continue if the index closes above 46300. View is sideways to bullish.
Index Levels
NIFTY
Intraday Support Level: 21500
Intraday Resistance Level: 22000
BANK NIFTY
Intraday Support Level: 45700
Intraday Resistance Level: 46600
Stocks in News
-NMDC to ramp up gold mining in Australia and commence pre-feasibility studies soon for lithium reserves in Australia.
-Coal India inks MoU with Haryana for PPA for 800 megawatts (MW) of power from Mahanadi Basin Power (MBPL).
M&M evaluating EV battery manufacturing unit for its own EVs
-NBCC to redevelop housing project for MEA (Ministry of External Affairs) for Rs 262 crore
-Swan Energy to raise Rs 4,000 crore via QIP to be launched in Feb
-Carlyle Group sells Rs 1,056 crore worth stake in Yes Bank.
Results Corner
R Systems Q3: YoY consolidated net revenue up 4.21% to Rs 416.32 cr, and net profit up 11.58% to Rs 46.17 cr.
Alembic Ltd Q3: YoY consolidated net revenue up 28.45% to Rs 39.32.02 cr, and net profit down 8.32% to Rs 9.92 cr.
Results Today: Schaeffler, Par Drugs, CRISIL and more.
Quick Takeaways
-Government hikes windfall tax on crude oil and diesel with effect from Feb 16.
-Vibhor Steel Tubes IPO oversubscribed 320 times on final day of offer, highest in the last three years for Mainboard IPOs.
-Vedanta's promoter company sells 1.7% stake for Rs 1,737 crore
F&O Ban on NSE:
-IndusTower
-BalrampurChini
-DeltaCorp
-SAIL
-IndiaCement
-HindCopper
-ZEEL
-BandhanBank
-ABFRL
-AshokLeyland
-Biocon
-CanaraBank
STOCK NAME:- ROHLTD
ENTRY PRICE:-419/420
HOLD TIME:-2/3months
TARGET 🎯:-469₹
ENTRY PRICE:-419/420
HOLD TIME:-2/3months
TARGET 🎯:-469₹
Good morning guys have a profitable day, yesterday US markets rallied one sided nasadaq 551 points almost, GIFT nifty is indicating a strong opening today. Nifty is touching all time high, where buy on dip is intact on to the market, pre election rally likewise.
IMPORTANT NOTE 🛑
Mae iss account se kaafi time se online nahi aaya hu na mae apko levels provide kr paya hu kyuki mae eke important work mae busy hu
Mae eke video shoot kar raha hu jisme eke PERFECT price action k sath TARDE le paoge app log khud hi
Aur app log NIFTY50 ki sabse best strategy samaj paoge isme pure price action / volume aur support and resistance k sath apko log ko video melega
JUST WAIT 🅾️
Mae iss account se kaafi time se online nahi aaya hu na mae apko levels provide kr paya hu kyuki mae eke important work mae busy hu
Mae eke video shoot kar raha hu jisme eke PERFECT price action k sath TARDE le paoge app log khud hi
Aur app log NIFTY50 ki sabse best strategy samaj paoge isme pure price action / volume aur support and resistance k sath apko log ko video melega
JUST WAIT 🅾️
❤1👏1
🟢 BUY NIFTY 13 JUN 24 23400 PE 1 lots at 25.50.
Expiry : 13-Jun-2024
Message : SL 5 TGT 57 Modify Qty/ Lot as per your discretion
Created Date & Time
01:50 PM
13/06/24
Expiry : 13-Jun-2024
Message : SL 5 TGT 57 Modify Qty/ Lot as per your discretion
Created Date & Time
01:50 PM
13/06/24