$ For The Trade $

Wednesday is here and so are the bears!😰😰 The bull seems to be missing!😭 Are you excited for this week to end?🤔 Yes 👍 No 👎 Depends on the market 😭 Always excited 😂

FII/DII Activity 🔥🔥✅💥💥

The market wrap for today is here!📉📈 How was your day?🤔🤔 Good 👍 Bad 😭 Okay okay 😂

Viral News "SENSEX Crashes Over 800 Points NIFTY Below 24,450 Oil & Gas Drags Market Market Mood - Cautious Major Event Alert US Fed Meet, 18th Dec, Wednesday Prediction → Minimum 25 BPS rate cut, Maximum 95 BPS Stay tuned for more " "IPO Alert IKS Health IPO share allotment today GMP crosses ₹400 Listing date - Dec 19th Did you invest? " "Dixon Tech In Focus New JV with Vivo over Smart Phone Manufacturing Benefits Owning 1/5th of the country’s 288 million overall mobile phone assembly market Close to a fourth of the smartphone industry revenue Shares trading 0.79% up today (11:30 am) " "Vedanta Approves Fourth Interim Dividend Dividend Amount → Rs 8.5 per equity share Total cost of payout → Rs 3,324 Crore Record date for dividend payment → Dec 24, 2024 Stay ahead of the news cycle " "Stock Radar HDFC Bank News Alert SEBI has issued an administrative warning letter to the bank, alleging non-compliance with certain provisions of the SEBI Listing Regulations regarding the resignation of senior management employee Arvind Kapil. Shares trading 1.34% Down Intraday (11:40am) " "Stock Radar Mindspace Business Parks REIT According to CNBC-TV18 sources, the Abu Dhabi Investment Authority (ADIA) is likely to sell a 9.2% stake in the REIT, worth Rs 1,903 crore, via block deals. Possible Floor Price → Rs 350 per share Shares trading marginally down " "Stock Radar Gravita Qualified Institutions Placement (QIP) → Started on December 16. Floor price → Rs 2,206.49 per share. Issue Size → Likely to be Rs 750 crore, with an upsize option. Objective of QIP Repay outstanding borrowings Meet working capital requirements General corporate purposes. Shares trading 3.6% up on day trade (11:40 am) Source - Moneycontrol(17/12/2024)" "Stock Radar Rail Vikas Nigam RVNL has received a Letter of Acceptance for the construction of elevated metro stations from Maharashtra Metro Rail Corporation. The project cost is Rs 270 crore. Shares trading 0.57% up today Source - Moneycontrol(17/12/2024) " "Stock Radar Texmaco Rail & Engineering The company has received an order for the construction of transmission lines on a turnkey basis, valued at Rs 187.41 crore from Chhattisgarh State Power Transmission Co. The project will be executed over a period of 15 months. Shares Trading 2.08% up on Intraday Source - Moneycontrol(17/12/2024) " "Stock Radar Nitco The company has secured a new order worth Rs 105.40 crore from Prestige Estates Projects for the supply of tiles, marble, and mosaic. Additionally, based on current ongoing projects, the company anticipates receiving orders worth Rs 104 crore from Prestige Estates Projects in the near future. Shares trading 2.5% up on intraday Source - Moneycontrol(17/12/2024) " "Share Market Live Top Gainers of the day Company Current % Gain Macrotech Developers Ltd. 1,509.75 2.88 Oberoi Realty 2,317.75 2.85 United Spirits 1,558.90 2.61 Nalco 225.43 2.51 PB Fintech 2,160.05 2.43 CTA Stay ahead of the news cycle " "Share Market Live Top Losers Company Current % Loss Shriram Finance 3,021.25 -3.7 Pidilite Ind 3,096.75 -3.04 Bharti Airtel 1,617.25 -2.72 L&T Finance 143.48 -2.59 Bandhan Bank 165.56 -2.51 Stay ahead of the news cycle "

Nitco shares in focus on order win from Prestige Estates Projects

Let’s see what happens in the market today

For long, it needs to close above 53900 level

Yesterday bank nifty made a doji candle, there is no clear direction now in bank nifty, until it gives the clarity, we need to wait to take the trades

BANK NIFTY ANALYSIS

Chances for nifty going above is less, for fresh buying 24800 need to break and it have to sustain above the levels.

PCR is 0.77 around ATM and 0.8 which is slightly bullish but call OI is increased on 24700 and 25000 where as put oi is decreased

Chart wise Nifty looks sideways to bearish for today also as there is resistance at the top and nifty getting rejection from the resistance

this was because of major stocks fall but broader market was higher

Yesterday from the morning nifty was bearish and whole day traded with negative bias

NIFTY ANALYSIS

Yesterday nifty closes in red with -0.40% and bank nifty closed flat

Good morning, all