BASIC2BEMISAL | NIFTY I BANKNIFTY | BTST 📶☺️👍
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Dis. I am not a SEBI registered analysist. All ideas, opinions and/or Forecasts are for the informational purposes only. Any investment made in light on these ideas, opinions and/or forecasts expressed herein are committed at your own risk. ☎️9821639494
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Nifty made low 18272.50, 1st🎯 Achieved from 18350✈️✈️✈️
Banknifty made low 42317, 1st🎯 Achieved from selling level 42481✈️✈️✈️✈️
"BASIC2BEMISAL"
PRE-MARKET UPDATES:- 18/11/2022.
* SGX NIFTY 18449 Positive by
+74 points (+0.40%)
* Indian stock market is expected Gap-Up Opening +65 to +85 points
* According to pivot charts, the key levels for:-
NIFTY Resistance: 18438 /18519
NIFTY Support:18310 / 18264
NIFTY (B) Resistance: 42636 / 42773
NIFTY (B) Support: 42386 / 42273
* RESULTS CORNER :-
Results on November 18 :- NIL
* STOCK IN NEWS:-
FSN E-Commerce Ventures: Citigroup has launched a block deal to sell shares in cosmetics-to-fashion retailer Nykaa, worth $125 million or Rs 1,000 crore, CNBC Awaaz reported. The block deal involves TPG Capital as the seller.
Bajaj Auto: Life Insurance Corporation of India sold 2 percent stake or 56.68 lakh shares in Bajaj Auto via open market transactions. With this, LIC's shareholding in the company stands reduced to 5.2 percent, from 7.2 percent earlier.
Bharat Electronics: The Navratna defence PSU has signed a MoU with Armoured Vehicles Nigam Limited (AVNL/AVANI), a defence PSU. They will jointly address domestic and export opportunities in the areas of combat vehicles, main battle tanks (MBTs), infantry fighting vehicles (IFVs), armored fighting vehicles (AFVs) and related systems. It has also signed a MoU with Advanced Weapons and Equipment India (AWEIL), a defence PSU.
Alstone Textiles (India): The company has fixed December 14 as a record date for sub-division of equity shares. The company said each share will stand sub-divided into 10 shares of nominal value of Re 1 each fully paid-up and will ascertain the eligibility of shareholders entitled for issuance of bonus equity shares in the proportion of 9 shares of Re 1 each for every 1 existing share of Re 1 each.
Mahindra Lifespace Developers: The company has launched its residential project - Mahindra Citadel Phase 1, at Pimpri Chinchwad, Pune.
UltraTech Cement: The company has commenced operation at its third Birla White Wall Care Putty plant in Rajasthan with a capacity of 4 LMT per annum, at a total cost of Rs 187 crore. Now it has a Wall Care Putty capacity of 13 LMT per annum.
CSB Bank: The bank has received approval from the Reserve Bank of India for appointment of Ms. Bhama Krishnamurthy as Part-time Chairperson of the bank with effect from November 17. She will be the part-time chairperson of the bank during November 17, 2022 and September 28, 2024.
* FII's and DII's ACTIVITIES:-
Foreign institutional investors (FIIs) net bought shares worth Rs 618.37 crore, while domestic institutional investors (DIIs) net purchased shares worth Rs 449.22 crore on November 17, as per provisional data available on the NSE.
* STOCK UNDER F&O BAN ON NSE:-
Balrampur Chini Mills,
BHEL,
Delta Corp,
GNFC
Indiabulls Housing Finance,
Sun TV Network -
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Positionally Looks Good to Buy
"MANAPPURAM " Above 117,
(1st Buying only Above 117)
50% @ 103.
SL @95 (Closing Basis)
Target 135/ 151 / 167 / 175 /195.
Note:- All levels given based on technical only for Educational purposes. Investment or Trading is Subject to Market Risk. Trade On your Own Risk.
Results on November 15
Rajesh Exports, Advance Syntex, Bhanderi Infracon, Constronics Infra, Hanman Fit, MRC Agrotech, NINtec Systems, Riddhi Steel and Tube, Shahlon Silk Industries, and SSPN Finance will be in focus ahead of September FY23 quarter earnings on November 15.
STOCK IN BAN
BHEL
SUNTV
GNFC
PNB
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