Index Market Analysis 🚩🚩

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BUY BNF 40700 PE @480 SL PRIME

3️⃣ things that will decide the Market today 📈 1) SGX NIFTY signals a positive start for the Indian Stock Market - Nifty futures on the Singapore Exchange traded 83 points, higher at 18,036 signalling that the Indian Stock Market is headed for a positive start. 2) Global markets in green - The US Stock Market on Thursday ended in green on the back of corporate earnings session, investors' optimistic perspective on the upcoming Federal Bank's meeting next week. Dow Jones gained 0.61% while NASDAQ added 1.76%. Asian Markets also reflected the same, gaining a little to end in green. 3) Adani Entreprises' FPO opens today - India's largest FPO of ₹20,000 crores is going live today. Adani Entreprises Ltd FPO will be open for subscription from today until 31st January 2023. The price band of the FPO is ranged between ₹3,112 to ₹3,276. The stock price closed at 3,405 on Wednesday down by 1.07%. Motilal Oswal's Fundamental and Technical Picks of the Day Technical Picks :- (for 2-3 days) Maruti Previous close:8784 Trailing SL:8550 Target :9250 Fundamental Picks: (for long term) M&M : Target 1500(+14) APL Apollo : Target 1400(+21) HDFC Bank: Target 1930 (+17) Maruti : Target 10500(+20) HCL Tech: Target 1270(+13)

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Freedom of thought, strength in our convictions and pride in our heritage! Happy Republic Day!

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#NIFTY VIEW

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