📍 *Pre-Market Derivatives and Technical Set-up* 🌎✅

📊◆

Nifty index opened flattish but managed to cross a landmark of 18000 marks and made a new all-time high of 18041. Bulls cheered the index at fresh highs and it closed with gains of around 50 points. It formed a Bullish candle on daily frame with long upper shadow as slight profit booking was witnessed in the concluding hour

📊◆ Now it has to hold above 17950 for an up move towards 18100 and 18200 levels whereas on the downside support is seen at 17777 and 17650 zones

📊◆ India VIX was up by 2.78% from 15.65 to 16.08 levels. Rise in volatility indicates a volatile swing but overall lower volatility has again given buying support to the broader market. Now VIX needs to cool down below 15-14 zones to continue the smooth ride of the market

📊◆ On Option data, Maximum Put OI is at 17000 followed by 17500 strike while maximum Call OI is at 18000 followed by 18500 strike. Minor call writing is seen 18000 then 18500 strike while Put writing is seen at 18000 then 17800 strike. Option data suggests a broader trading range in between 17400 to 18200 zones while an immediate trading range in between 17700 to 18200 zones

📊◆ Bank Nifty opened positive and moved to its life time high levels of 38495 levels. It surpassed its previous supply zones of 38100 and rose higher to close with gains of more than 500 points. It formed a Bullish candle on daily scale and has been forming higher lows from the last six sessions

📊◆ Now it has to hold above 38100 zones to witness an up move towards 38500 and 38800 levels while on the downside major support is seen at 37700 and 37500 levels

📊◆ Bullish setup in IEX, Tatamotors, Tatapower, Torntpower, MCX, ZEEL, NMDC, Indigo, Bharatforg, HDFC Bank, ITC, SBIN, and Maruti   

📊◆ Bearish setup in TCS, Techm, Britannia, L&T and Cipla

Stocks To Watch

HFCL: Q2 Cons Net Profit 816.1m Rupees Vs 510m (YoY) || Q2 Revenue 11.22b Rupees Vs 10.54b (YoY)


Shoppers Stop: Co Says Sale Of 51% Stake Of Co In Crossword Has Been Completed


Tata Metaliks: Q2 Sl Net Profit 546.2m Rupees Vs 820m (YoY) | 947.2m (QoQ) || Q2 Revenue 6.45b Rupees Vs 5.2b (YoY); 6.03b (QoQ)


Delta Corp: Q2 Cons Net Loss 225.7m Rupees Vs Loss 549m (YoY) || Q2 Revenue 747.2m Rupees Vs 384m (YoY)


Adani Ports: Co To Not Handle Exim Containerised Cargo Originating From Iran, Pakistan And Afghanistan From Nov 15 || Trade Advisory To Apply At All Adani Ports Terminals Until Further Notice - Cnbctv18


Adani Green Energy: Co Says Provisional Total Operational Capacity Nearly Doubles (YoY) To 5,410 MW In Q2


Hero Motocorp: Co Further Augments Its Scooter Portfolio || Launches The New Pleasure+ Xtec


HCL Technologies: Co Partners With Google Cloud To Launch Innovative Healthcare & Life Sciences Solutions


Central Depository Services (India): Co Accorded Its In Principle Approval For Divestment Of Stake Of CDSL In CDSL IFSC Ltd


Reliance Capital: Co Says Discussed Various Matters Relating To Resolution Of Debt And Decided To Meet Again On Monday, Nov 01, 2021, To Consider Various Alternative Proposals In The Best Interest Of All Its Stakeholders


Rane (Madras): Co Acquires Steering Components Business Of Hical Group


Bharti Airtel: Co Move TDSAT Against Dot Penalty Demand Of Rs 1,050 Crore


Vodafone Idea: Co Move TDSAT Against Dot Penalty Demand Of Rs 2,000 Crore

*🔹Mkt. Updates :*

*SGX Nifty -125 pts (17850) from last trade 17975 ,*

Nikkei -288 pts ,
Hangseng -397 pts ,
Now @7.02am .


*🔹US GOVT. 10-YEAR YIELD : 1.61%*


*SEC. IN F&O BAN FOR 12th ,OCT,2021 :*

*1. BK.BARODA 2. BHEL 3. CAN. BK 4. IBULHSGFIN 5. IRCTC 6. NATIONALUM 7. PNB 8. SAIL 9. SUNTV*

*ADDITION : BANKBARODA, BHEL*
*DELETION : NIL*


*Today's Alert :*

*RBI to Conduct Auction of SDLS BONDS for INR 137 Billion*

*Tradable Stocks in News*


*Ujjivan Small Bank:* Disbursements at Rs 3122 Crores, Up 114% YoY & Up 138% QoQ (Positive 20.6 Support 20.0 TGT 22.5)

*TFCIL:* Secured Rs 65.18 Cr by way of Preferential Allotment (Positive 75.0 Support 73.0 TGT 80.0)

*Schaeffler India:* Company to consider stock split in board meeting on October 28 (Positive 7201.0 Support 7160.0 TGT 7340.0)

*Hero Motocorp:* Launched another scooter – Pleasure+ XTEC. (Positive 2848.0 Support 2837.0 TGT 2910.0)

*Tata Motors:* Company global wholesale jumped by 24 percent for the quarter-ended September (Positive 410.0 Support 402.0 TGT 424.0)

*HFCL:* Ney profit at Rs 85.94 crore against Rs 53.32 crore in Q2FY21 (Positive 78.0 Support 76.0 TGT 82.0)

*Adani green:* Sale of energy up 61 percent YoY (Positive 1159.0 Support 1144.0 TGT 1184.0)

*Tata Power:* Punjab government to source coal from company’s imported fed Mudra plant (Positive 190.0 Support 188.0 TGT 196.0)

*Kunvarji: India Daybook – Stocks in News*


*Tata Motors:* Company global wholesale jumped by 24 percent for the quarter-ended September (Positive)

*Schaeffler India:* Company to consider stock split in board meeting on October 28 (Positive)

*Shilpa Medicare:* To consider issue of Equity Shares or Warrants on Preferential Basis. (Positive)

*Ujjivan Small Bank:* Disbursements at Rs 3122 Crores, Up 114% YoY & Up 138% QoQ (Positive)

*TFCIL:* Secured Rs 65.18 Cr by way of Preferential Allotment (Positive)

*Sangam India:* To Consider and Approve Preferential Issue of Shares / Warrants to investors/ promoters (Positive)

*Hero Motocorp:* Launched another scooter – Pleasure+ XTEC (Positive)

*RML:* To Acquire Steering & Components Division of Yagachi Technologies, part of the Hical Group (Positive)

*VodafoneIdea:* Kumar Mangalam Birla is considering infusing some of his own capital into company according to ET sources (Positive)

*Jainam Ferro Alloys:* Hem Securities acquired 86,000 equity shares and Preeti Garg bought 66,000 equity shares in the company at Rs 71.55 per share (Positive)

*HFCL:* Ney profit at Rs 85.94 crore against Rs 53.32 crore in Q2FY21, revenue rose to Rs 1,122.05 crore from Rs 1,054.32 crore YoY. (Positive)

*PI Industries:* The company has executed joint venture agreement with Polymath for undertaking the business of manufacturing and selling the products for biochemistry processes. (Positive)

*Delta Corp:* Net loss at Rs 22.6 cr vs loss of Rs 54.9 cr (YoY), Revenue at Rs 74.7 cr vs Rs 38.4 cr (YoY) (Neutral)

*Tata Metaliks:* Revenue Up 24% at Rs 644.8 Cr Vs Rs 519.6 Cr, EBITDA Down 9% at Rs 99.7 Cr Vs Rs 109.4 Cr (Neutral)

*Arvind:* Promoter Pledges 25 Lakh Shares (Neutral)

*Arvind Fashions:* Promoter Pledges 13 Lakh Shares (Neutral)

*Krishna Diagnostic:* Revenue Down 55% At Rs 108.3 Cr Vs Rs 240.7 Cr, EBITDA Down 42.1% At Rs 31.9 Cr Vs Rs 55.1 Cr (Negative)

*Inox Wind:* Neomile Corporate Advisory sold 14,91,494 equity shares in the company at Rs 107.62 per share on the NSE (Negative)

*Jaiprakash Power*: Clearwater Capital Partners Singapore Fund IV Private LTD-FCCB sold 7,52,60,786 equity shares (Negative)

*Kewal Kiran Clothing:* Nalanda India Fund sold 7 lakh shares in the company at Rs 1,052.19 per share. (Negative)

*Bharat Dynamics:* Life Insurance Corporation of India sold 37.60 lakh equity shares in the company via open market transactions. (Negative)