Replete Equities

Tata Capital The diversified NBFC continues to benefit from healthy AUM growth, while the Tata Motors Finance drag is largely behind it. The Yokship acquisition strengthens its secured gold-loan presence. Management is targeting improved operating leverage and a higher ROA over time, although near-term margin pressure could delay the improvement. ━━━━━━━━━━━━━━━━━━ 🔍 INTERESTING OBSERVATION ━━━━━━━━━━━━━━━━━━ While the Indian markets have underperformed global peers for nearly years now, the primary market is telling a different story. The BSE IPO Index is trading near all-time high levels, extending its strong rally. When compared to the benchmark BSE 500 Index, the outperformance is stark. Year-to-date, the BSE IPO Index is up 17.8% compared to a 1.5% drop in the BSE 500 Index, amounting to an impressive 19% spread in their yearly performances. With 4 months remaining in the year, this outperformance is already at its strongest level since 2021. Furthermore, with a robust pipeline of upcoming listings, India’s IPO buzz shows no signs of slowing down. This is an interesting divergence: The secondary market is consolidating. But the primary market continues to attract capital aggressively. It suggests that investor appetite for Indian equities has not disappeared — it may simply be becoming more selective. ━━━━━━━━━━━━━━━━━━ 🎯 WHAT WE ARE WATCHING TODAY ━━━━━━━━━━━━━━━━━━ 1️⃣ Nifty 24,000–24,200 — critical support zone 2️⃣ Nifty 24,800 — key options resistance 3️⃣ 23,824–24,000 — broader downside support zone 4️⃣ Bank Nifty 57,150 — key swing support 5️⃣ Bank Nifty 58,300–58,600 — upside zone 6️⃣ BSE monthly expiry — potential for expiry-related volatility 7️⃣ FII index futures positioning — still around 1.86 lakh net short contracts 8️⃣ Market participation and volumes — still significantly below historical averages ━━━━━━━━━━━━━━━━━━ 🚀 TRACK THE MARKET WITH REPLETE ALPHA ━━━━━━━━━━━━━━━━━━ A morning brief gives you the market view. But the market structure changes during the day. That is exactly why we built Replete Alpha. Instead of depending only on opinions or scattered market data, Replete Alpha helps you monitor the market through a structured framework: • Alpha Bias • Risk Map • Important Support & Resistance • Market Breadth • Options Positioning • Institutional Flows • Volatility Regime • Intraday Watchpoints The objective is simple: Know what the market structure is. Know the important levels. Know what needs to change before your view changes. Our community members currently get 30 days of Elite access to experience the platform. 👉 Access Replete Alpha: https://app.repleteequities.com Make structured market intelligence part of your daily preparation. Educational content only. Not a recommendation to enter any trade. Trading derivatives involves substantial risk.

📈 PRE-MARKET BRIEF | Thursday, 27 August 2026 Good Morning! Nifty gave up all of its previous session gains yesterday and closed around half a percent lower, with a significant part of the decline coming during the closing session. Despite the weakness, the broader structure remains important. Nifty is now trading close to its rising three-month trendline support and the 24,000–24,200 zone continues to be the key area to watch. The market remains in a consolidation phase, with low volumes and limited participation. A stronger directional move may require a fresh trigger. ━━━━━━━━━━━━━━━━━━ 📊 NIFTY | SUPPORT ZONE IN FOCUS ━━━━━━━━━━━━━━━━━━ Nifty remains close to the 24,000–24,200 reversal zone that has been acting as an important support area. The current setup remains straightforward: 🔹 Immediate support: 24,000–24,200 🔹 Lower support zone: 23,824–24,000 🔹 Critical options support: 24,000 🔹 Key options resistance: 24,800 🔹 Upside reference: 24,700 / 200-DMA zone The market has been struggling with low participation and lower-than-average volumes. This means the current consolidation can continue until either buyers return with stronger participation or the support structure breaks decisively. For now, the focus remains on whether Nifty can defend the 24,000–24,200 zone. ━━━━━━━━━━━━━━━━━━ 🏦 BANK NIFTY | RELATIVE STRENGTH CONTINUES ━━━━━━━━━━━━━━━━━━ While Nifty closed lower, Bank Nifty showed relative strength and ended around half a percent higher. The index continues to hold its long-term polarity support and has repeatedly found buyers near 57,150. Another important development is that Bank Nifty has reclaimed its 200-DMA after briefly slipping below it. The structure remains: 🔹 Key support: 57,150 🔹 Upside zone: 58,300–58,600 🔹 200-DMA: Reclaimed As long as 57,150 continues to hold, the buy-on-dips structure remains intact. ━━━━━━━━━━━━━━━━━━ 💰 INSTITUTIONAL FLOWS ━━━━━━━━━━━━━━━━━━ Yesterday's Cash Market Activity: • FII: +₹502 Cr • DII: +₹6,425 Cr Week-to-Date: • FII: +₹3,276 Cr • DII: +₹9,148 Cr Month-to-Date: • FII: +₹5,792 Cr • DII: +₹43,518 Cr The standout number remains domestic institutional buying. DIIs have purchased over ₹43,000 Cr on a net basis so far this month, continuing to provide an important cushion to the market. ━━━━━━━━━━━━━━━━━━ 📌 DERIVATIVES POSITIONING ━━━━━━━━━━━━━━━━━━ FIIs remained broadly cautious in Index Futures. • Added around 2,000 short contracts • Net position: approximately 1.86 lakh short contracts Despite some covering from earlier levels, FII positioning remains meaningfully net short. The immediate options structure is: 🟢 Major support: 24,000 🔴 Major resistance: 24,800 This creates an important contrast: Price → Near a major support zone Domestic flows → Strongly positive FII futures positioning → Still heavily short The next directional move could depend on which side of this positioning starts to unwind. ━━━━━━━━━━━━━━━━━━ 🏭 SECTOR UPDATE | METALS REMAIN IN FOCUS ━━━━━━━━━━━━━━━━━━ The metals space continues to retain a constructive outlook. Aluminium prices remain firm and range-bound, while current prices remain above earlier estimates. Any meaningful correction in select aluminium stocks could therefore become an area to watch. Preference remains: 1️⃣ Vedanta Aluminium 2️⃣ Hindalco 3️⃣ NALCO Within mining, NMDC remains preferred, with expectations of stronger volume growth in H2. Coal India continues to offer relatively favourable risk-reward, although a near-term upside trigger remains limited. Within ferrous metals, Tata Steel remains the preferred name. Other steel stocks including JSW Steel, SAIL and Jindal Steel have already seen significant rallies and appear to be ahead of current estimates. ━━━━━━━━━━━━━━━━━━ 📌 STOCKS ON THE RADAR ━━━━━━━━━━━━━━━━━━ SRF The company remains in a consolidation phase around the ₹2,500–2,600 zone. Near-term earnings triggers remain limited, although improvement in battery chemicals and agri-chem pricing remains constructive. Stable refrigerant pricing is another supportive factor.

🌅 *GOOD MORNING | MARKET BRIEF — 26 AUG 2026* Yesterday's session gave the market a meaningful recovery — but the bigger question today is whether the move can sustain. 📊 *NIFTY* Nifty recovered more than 200 points from the intraday low and closed ~0.5% higher. The index has held the *24,000–24,200 support zone* we have been tracking. 🎯 *Key Levels* 🟢 Support: *24,000–24,200* 🔴 Resistance: *24,800* 🎯 Upside zone: *~24,700 / 200-DMA* Bias remains *positive-to-sideways*, with a buy-on-dips approach while the support zone holds. 🏦 *BANK NIFTY* *57,150* continues to attract buyers and remains the key swing support. Above this level: 🎯 *58,300 → 58,600* Bank Nifty has also reclaimed its 200-DMA. --- 💰 *INSTITUTIONAL FLOWS* Yesterday: FII: *+₹1,593 Cr* DII: *+₹230 Cr* MTD: FII: *+₹5,289 Cr* DII: *+₹37,093 Cr* FIIs remain net short in index futures, but their positioning has reduced to *184k short contracts* — indicating some short covering into the new series. --- 🔄 *ROLLOVER CHECK* Nifty: *77%* vs 74% average Bank Nifty: *79%* vs 76% average Market-wide: *91%* vs 91% average Overall, rollovers remain broadly healthy and in line with recent averages. Interesting sector positioning: 🟢 *Constructive:* IT, PSU Banks, Pharma, Realty, Metals 👀 *Watch:* Adani Group stocks Realty remains a key sector to monitor, with DLF, Prestige and Oberoi among the preferred names. --- 🌍 *MACRO TAILWIND* Crude has cooled almost *10% from Friday's highs* over the last three sessions. If this continues, it could provide some support to Indian equities. Another key global variable: 🇺🇸 *US 10Y yield — 4.6%* A sustained move below this level could be supportive for risk assets. --- 📱 *TODAY'S MARKET INTELLIGENCE* The headline says *Nifty +0.5%.* But the more useful questions are: • Is the recovery broad-based? • Where is institutional positioning moving? • Which sectors are seeing constructive rollovers? • Is the market still range-bound or transitioning into a directional phase? • Where are the key risk levels? This is exactly why we built *Replete Alpha.* Instead of tracking dozens of data points separately, get a structured view of the market environment in one place. 🎁 *COMMUNITY BENEFIT* We are currently giving our community *30 DAYS OF ELITE ACCESS* to Replete Alpha. You can experience the *Elite plan* and use the full market-intelligence framework for the next 30 days. 🚀 *Activate your 30-Day Elite Access:* 👉 https://app.repleteequities.com *Know the market before you trade it.* — *Replete Equities*

📊 MID-MARKET COMMENTARY | 1:00 PM Nifty continues to remain range-bound near 24,150 on today's expiry session. The market is showing a neutral setup, but breadth remains weak and option positioning indicates short build-up. 🎯 Important Levels 🟢 Support: 24,100 🔴 Resistance: 24,300 📍 Expiry Gravity / Max Pain: 24,200 As long as Nifty remains between these levels, expect choppy and range-bound movement. A decisive move outside this zone could bring fresh direction. 📱 Want to track this kind of market intelligence yourself? Our Replete Market Intelligence App provides live market commentary, risk levels, breadth, options positioning, volatility and institutional flow data in one place. 🎁 You can now join our community and explore the app with a FREE TRIAL. 👉 Register here: https://app.repleteequities.com Stop relying only on market tips and headlines. Start understanding what the market data is actually saying. — Replete Equities

🌅 *GOOD MORNING | MARKET BRIEF — 25 AUG 2026* Today is *Monthly Expiry Day*. The market remains range-bound, but today’s expiry + rollover activity could bring sharper moves. 📊 *NIFTY* Nifty expanded its range yesterday but eventually closed flat. The key zone remains: 🟢 *24,000–24,200 — Support* 🔴 *24,500 — Immediate Resistance* 🎯 *24,700+ — 200 DMA / Upside Zone* Our view remains: *Buy-on-dips as long as 24,000–24,200 holds.* A decisive break on either side can change the intraday structure quickly. 🏦 *BANK NIFTY* Bank Nifty continues to respect *57,150* as an important support zone and has reclaimed its 200 DMA. Above this zone: 🎯 *58,300 → 58,600* remain the key upside levels. --- 📌 *EXPIRY + ROLLOVER WATCH* Today is the NSE monthly expiry for index and stock derivatives. Yesterday's rollovers were broadly in line with the 3-month average: • Nifty: *64% vs 61% average* • Bank Nifty: *64% vs 63% average* FII index-futures positioning remains cautious, with approximately *2.16 lakh net short contracts*. Options positioning continues to highlight: *24,000 PE → Support* *24,500 CE → Resistance* --- 💰 *FII / DII FLOWS* FII: *+₹1,181 Cr* DII: *+₹2,493 Cr* MTD: FII: *+₹3,695 Cr* DII: *+₹36,862 Cr* Domestic institutional buying continues to provide a strong cushion. --- 🌍 *ONE MACRO FACTOR TO WATCH* Crude remains an important variable. Any further upside pressure following the US sanctions on Iran could weigh on sentiment and become an additional risk for the market. --- 📈 *STOCK SETUPS TO WATCH* 🟢 *Long Bias* • Coforge • Vedanta • Hindustan Zinc 🔴 *Short Bias* • PFC • REC • Tata Power These are *market setups to monitor*, not automatic trade calls. --- 🔎 *BUT HERE'S THE IMPORTANT PART...* Expiry days can change quickly. Levels, OI, breadth, institutional flows, sector strength and price action can shift throughout the session. Instead of waiting for the next message in the group, you can now track the market yourself. 🚀 *Our Market Intelligence Dashboard is LIVE.* Get a structured view of the market in one place — and use it to monitor what's changing while the market is actually moving. 👉 *Register here:* https://app.repleteequities.com *No need to rely only on forwarded market updates.* *Open the dashboard. Track the market. Make your own informed decisions.* — *Replete Equities*

MONDAY | Where Is Your Trading Actually Breaking? 🧠 Before you take another trade, find out what is actually holding your trading back. Most traders immediately look for: • A better strategy • A better indicator • A better entry But the real constraint may be risk, execution, discipline or process. The Replete Trader Diagnostic™ helps you identify it. 📊 19 questions | ~5 minutes | Free Get your: • Trading Maturity Score™ • Trading Archetype • Primary Trading Constraint 👉 Take the Diagnostic: https://www.diagnostic.repleteequities.com/ Understand the problem before trying to fix it.

🚀 REPLETE ALPHA IS NOW LIVE For years, traders have had access to more and more market data. Charts. Option Chains. Open Interest. PCR. Greeks. Volatility. Strategies. But the real challenge has always been: How do we connect all of this information into a structured trading decision? That is the problem we set out to solve. Today, we are opening Replete Alpha V3. A connected derivatives intelligence and decision-support environment built for Indian derivatives traders. Inside Replete Alpha, the workflow connects: Market Understanding → Options Positioning → Risk & Greeks → Strategy Analysis → Position Monitoring And AI-assisted workflows help structure recurring decisions such as: • Morning Market Planning • Trade Research • Market Reassessment • Strategy Exploration • Position Review This is not a prediction machine. It is not about promising profits. It is about bringing more structure, evidence and risk awareness into the trading process. 🎥 Watch the launch video below. Then explore Replete Alpha yourself: 👉 https://app.repleteequities.com Replete Alpha From Market Information to Structured Decisions. Welcome to the next chapter of Replete Equities. 🚀

The company highlighted its AI capabilities and “Zeroity” strategy, focused on reducing client costs through lower licence fees and token usage. Management continues to guide for *6–7% dollar revenue growth*, with Q3 expected to be better than initially feared and Q4 remaining positive. --- *Power Grid* The market is tracking reports around the *Barmer South–Khelar HVDC project*. The project is estimated to have around *6 GW capacity* with an estimated cost of *₹250–600 billion*, subject to formal confirmation from the company. Further clarity on the order and its financial impact will be important. --- 🎯 *TODAY'S APPROACH* Nifty remains in a defined range. *24,000–24,200 remains the key support zone.* *24,500 is the immediate resistance.* Until the market breaks decisively from this range, the focus should remain on *structure, sector strength and disciplined execution rather than aggressive directional assumptions.* With NSE monthly expiry scheduled tomorrow, managing position size and risk will become increasingly important. Have a disciplined trading day. — *Replete Equities*

Good Morning @all 👋 📊 *Morning Brief | 24 August 2026* *MARKET OUTLOOK* Nifty ended flat on Friday, trading within a narrow 80-point range for the second consecutive session. Despite the recent pullback, the index continues to hold the important *24,000–24,200 support zone*. The broader structure remains constructive as long as this zone holds. 📌 *Key Nifty Levels* • Support: *24,000–24,200* • Immediate resistance: *24,500* • Upside level to watch: *24,750* — around the 200 DMA • Below 24,000, the next important support zone remains around *23,800* For now, the market remains range-bound and continues to search for clear leadership. Until we see a decisive breakout, Nifty may continue consolidating broadly between *24,000 and 24,500*. --- 🏦 *BANK NIFTY* Bank Nifty has continued to respect the important *57,150 support zone*, which has acted as a swing base multiple times. The index also reclaimed its 200 DMA and closed Friday at the highest point of the week, indicating renewed buying interest on dips. 📌 *Levels to Watch* • Support: *57,150* • Upside targets: *58,300 / 58,600* As long as 57,150 holds, the structure remains supportive for a move towards the higher levels. --- 📊 *FII & DII ACTIVITY* *Cash Market* • FII: *₹542 Cr Net Sell* • DII: *₹2,124 Cr Net Buy* *Month-to-Date* • FII: *₹2,514 Cr Net Buy* • DII: *₹34,369 Cr Net Buy* Domestic institutional buying continues to provide support, while foreign flows remain selective. --- 📈 *DERIVATIVES CUES* FIIs added around *2,000 long contracts* in index futures during the previous session. However, their overall positioning remains significant, with a net position of approximately *2.07 lakh short contracts*. 📌 *Key Option Levels* • *24,000* — Important support • *24,500* — Key resistance Tomorrow's expiry could bring increased activity around these levels. --- ⚠️ *KEY EVENTS THIS WEEK* • *Tuesday:* NSE Nifty and all NSE stock derivatives expiry • *Thursday:* BSE Sensex weekly expiry With monthly expiry approaching, expect volatility to increase if Nifty moves outside its recent tight range. --- 🔍 *INTERESTING OBSERVATION: FPI MONEY IS ROTATING, NOT DISAPPEARING* The first half of August shows a clear divergence in FPI sector flows. 🟢 *Highest FPI Inflows* • Financial Services: *₹6,535 Cr* • Automobile & Auto Components: *₹4,405 Cr* • Consumer Services: *₹3,398 Cr* • Healthcare: *₹2,910 Cr* • Information Technology: *₹2,530 Cr* 🔴 *Highest FPI Outflows* • Telecommunication: *₹3,322 Cr* • Capital Goods: *₹1,556 Cr* • Power: *₹1,164 Cr* • Realty: *₹1,014 Cr* The key takeaway is important: *Foreign investors are not completely moving away from Indian equities. Money is rotating selectively between sectors.* This makes *sector selection increasingly important* in the current market environment. --- 📰 *SECTOR & STOCK UPDATES* *Mobile Manufacturing 📱* The government has announced a proposed *₹63,000 crore scheme* to support mobile manufacturing, with focus extending beyond assembly towards local production, brands and components. • Samsung and Apple appear better positioned. • Dixon may benefit, although the upside could be lower than market expectations. • More details are expected in the coming weeks. • Until further clarity, Dixon may remain range-bound or see some pressure. --- *BFSI 🏦* Banks reported a strong Q1, supported by healthy loan growth and lower credit costs. Earnings grew approximately: • *18% YoY* • *6% QoQ* Deposit growth is also improving, which could support the sector going forward. Stocks highlighted include: • ICICI Bank • RBL Bank • Federal Bank • Ujjivan • PNB Housing • L&T Finance • Shriram Finance • CreditAccess Axis Bank and RBL Bank are also among the names to watch. --- *IT 💻* AI-led cost optimisation remains a key theme. The sector continues to see opportunities from AI adoption, although competitive intensity means execution will remain important. The current preference remains towards *mid-cap IT companies over large-cap IT*. --- *STOCK-SPECIFIC UPDATES* *Hexaware*

Good morning! ☀️ Today is the day. For the past few months, we have been quietly building something at Replete Equities around one simple idea: Traders don't need more information. They need a better way to connect it. Charts. Options. Open Interest. Greeks. Strategies. Risk. What if all of these could become part of one structured trading workflow? We are opening the doors to Replete Alpha today. 🚀 Official launch: 11:45 AM IST More soon.

70% of India's index options turnover happened on expiry day in FY25. Even after regulatory changes, 59% of index-options turnover in FY26 still happened on 0DTE. And 97% of turnover was concentrated within 7 days of expiry. This raises an important question: Are traders fully prepared for how differently options behave as expiry approaches? As time to expiry reduces: • Time decay accelerates • Option sensitivity can change rapidly • Gamma becomes increasingly important • Position sizing and execution leave less room for error Expiry-day trading is not automatically good or bad. But it does require a different understanding of time, volatility, risk and execution. We have analysed SEBI's latest data and broken down what it means for options traders in our latest article: 0DTE Options Trading in India: What SEBI Data Reveals About Expiry-Day Trading 👉 Read the full article Expiry creates opportunity. It also compresses the margin for error. The difference is process. — Replete Equities

📊 ONE WEEK. ONE SYSTEM. REAL EXECUTION. Before we move into the weekend, here’s the latest performance snapshot of our Nifty + Sensex Execution System. 📅 Performance Period: 17–20 August 2026 💰 Configured Capital: ₹60,00,000 RESULTS: → Net Realized P&L: ₹25,460 → Return: +0.42% → Total Trades: 14 → Win Rate: 57% → Profit Factor: 1.44 → Maximum Drawdown: 0.56% → Average Trade P&L: ₹1,819 More importantly, look at the underlying distribution: NIFTY 10 trades 60% win rate ₹22,850 net realized P&L SENSEX 4 trades 50% win rate ₹2,610 net realized P&L This wasn't a week where every trade worked. There were losing trades. There were drawdowns. There were periods where the market didn't move as expected. That's exactly where an execution framework matters. The objective isn't: ❌ Win every trade ❌ Predict every market move ❌ Chase every opportunity The objective is: ✅ Follow a defined process ✅ Control risk when conditions change ✅ Execute systematically ✅ Let the edge play out over a series of trades And this is becoming increasingly important. SEBI's latest study has highlighted just how difficult equity derivatives trading is for individual traders. The answer isn't to stop learning. The answer is to become more structured. ━━━━━━━━━━━━━━━━━━ ⚙️ REPL​ETE NIFTY + SENSEX EXECUTION SYSTEM If you've been watching the system from the sidelines, this is the time to take a serious look. We are currently planning to CLOSE FRESH SUBSCRIPTIONS to the Execution System shortly. Once we close the intake, we won't be accepting new subscribers. So if you have been considering joining, don't wait until the subscription window is closed. Reply “EXECUTION” and we'll share the current onboarding details. Or visit: www.repleteequities.com/execution-system The market doesn't reward hesitation. It rewards preparation. ⚠️ Past performance is not indicative of future results. Trading derivatives involves substantial risk. This content is for educational purposes only.

Published a new Article on blog. Here is the details: When Markets Recover Faster Than They Fall: What a Rapid Recovery Can Tell Us https://www.repleteequities.com/blog/when-markets-recover-faster-than-they-fall

Published a new Article on blog. Here is the details: How to Analyse Nifty & Bank Nifty and Build an Options Trading Plan https://www.repleteequities.com/blog/how-to-analyse-nifty-bank-nifty-and-build-options-trading-plan