Profit Booker

2022-04-13 06:28:08 13th Apr Strategy:

Global: Neutral
FII: Negative
DII: Positive
F&O: Neutral
Sentiment: Cautious
Trend: Positive

Nifty support zone 17375-17450, Below that 17250-17350 strong Buy zone

Nifty higher zone 17600-17675, Above that 17775-17850 strong Sell zone

Bank Nifty support zone 37400-37525, Below that 37150-37350 strong Buy zone

Bank Nifty higher zone 37925-38075, Above that 38450-38625 strong Sell zone

Nifty support levels 17500, 17475, 17450, 17425, 17350, 17300, 17250

Nifty higher levels 17600, 17625, 17650, 17675, 17775, 17800, 17850

Bank Nifty support levels 37625, 37525, 37400, 37350, 37275, 37150, 37050

Bank Nifty higher levels 37875, 37925, 38975, 38075, 38225, 38300, 38450, 38525, 38625

FIIs Index Long position lighter at 54% Vs 61%
PCR light and comfortable at 0.75 Vs 0.86
India VIX down by 1% at 18.16

For Existing Long Positions:

Nifty Intraday SL 17400 n Closing SL 17500
BankNifty Intraday SL 37250 n Closing SL 37500

For Existing Short Positions:

Nifty Intraday SL 17700 n Closing SL 17825
BankNifty Intraday n Closing SL 38075

For New Positions:

Buy Nifty:
SL 17400 Tgt 17600, 17625, 17650, 17675, 17775, 17800

Sell Nifty in 17675-17775 range:
SL 17850 Tgt 17650, 17600, 17550, 17525, 17475, 17450, 17425

For New Positions:

Buy BankNifty in 37275-37525 range:
SL 37150 Tgt 37625, 37750, 37875, 37925, 37975 Open / Comment

2022-04-12 07:15:48 Results on April 12 | Anand Rathi Wealth, GM Breweries, Hathway Cable & Datacom, Tinplate Company of India, Evexia Lifecare, and Gayatri Bioorganics will release quarterly earnings today. Open / Comment

2022-04-12 07:15:16 Stocks in News Today

TCS | The IT services provider recorded a profit of Rs 9,926 crore for the quarter ended March 2022, a 7.4 percent growth over the year-ago period, while revenue increased 15.8 percent to Rs 50,591 crore. Revenue growth in constant currency terms was 14.3 percent YoY. The company recorded highest-ever order book TCV (total contract value) of $11.3 billion in Q4FY22 and the full year orderbook stood at $34.6 billion.

Kesoram Industries | The company posted a loss of Rs 46.14 crore for the March 2022 quarter, which widened from Rs 31.97 crore in the previous quarter.

UltraTech Cement | The cement major has been declared a preferred bidder for Diggaon limestone block. The company participated in the e-auction by the Karnataka government.

JSW Steel | JSW Utkal Steel, a subsidiary of JSW Steel, has received the environmental clearance for setting up of a greenfield integrated steel plant (ISP) with a capacity of 13.2 million tonnes per annum (MTPA) crude steel, from the Union Ministry.

Gufic Biosciences | The company has received permission from Central Licensing Approving Authority, Central Drugs Standard Control Organisation (CDSCO), Ministry of Health and Family Welfare for manufacture Isavuconazonium Sulfate API and finished formulation Isavuconazole for injection 200 mg/vial. Isavuconazole is indicated for the treatment of invasive aspergillosis and invasive mucormycosis.

Nestle India | The company has declared an interim dividend of Rs 25 per equity share for 2022. The record date has been fixed as April 22 for determining eligibility of shareholders for dividend.

Gujarat State Fertilizers & Chemicals | LIC has offloaded 2.01 percent stake in the company via open market transactions. With this, its shareholding in the company stands reduced to 6.06 percent, from 8.07 percent earlier.

Delta Corp | The gaming and hospitality company has reported lower profit at Rs 48.11 crore for the quarter ended March 2022, compared to profit of Rs 57.77 crore in year-ago period, while revenue for the quarter has seen a moderate growth at Rs 218.32 crore, up from Rs 211.34 crore YoY. It also approved amalgamation of Daman Entertainment, and Daman Hospitality with itself.

SJVN: SJVN has signed a MoU with BHEL and REMC Ltd to develop renewable energy projects for the Indian Railways. Open / Comment

2022-04-11 10:36:15 BUY CALL INTRADAY IRCTC BUY @795 - 797 CMP TGT - 804 / 814 / 828 ++ SL - 790 Open / Comment

2022-04-11 09:53:47 BUY CALL INTRADAY

IRCTC

BUY @795 - 797 CMP

TGT - 804 / 814 / 828 ++

SL - 790 Open / Comment

2022-04-11 06:37:36 Open / Comment

2022-04-11 06:36:38 TCS, Delta Corp, Birla Tyres: Tata Consultancy Services, Nestle Corp, Kesoram Industries, Birla Tyres, Lasa Supergenerics, Elnet Technologies, Hathway Bhawani Cabletel & Datacom and MPL Plastics are among the companies that will announce their March quarter results today. Open / Comment

2022-04-11 06:36:17 Stocks in News Today

Tata Steel: The National Company Law Tribunal has approved the Resolution Plan submitted by Tata Steel Mining, a wholly-owned subsidiary of Tata Steel, for the acquisition of Rohit Ferro-Tech.

Tata Motors: Hit by semiconductor shortage, Jaguar Land Rover (JLR), The luxury automaking arm, said its retail sales declined by 36 per cent to 79,008 units in the fourth quarter of 2021-22 fiscal as compared with same period last year.

Sobha: The Bengaluru-based realty firm's sales bookings rose by 23 per cent to its all-time high of Rs 3,870.2 crore during the 2021-22 financial year. The company's sales bookings in volume terms increased by 22 per cent to 49,09,567 square feet during the last fiscal from 40,13,581 square feet in the 2020-21 fiscal year.

Goodluck India: The steel products maker will invest Rs 200 crore over the next two-three years to expand capacity.

Zydus Lifesciences: The pharmaceutical major Cadila Pharmaceuticals announced that it has developed the world's first novel three-dose vaccine against rabies.

GTPL Hathway: The digital cable TV and broadband service provider said its profit after tax for March 2022 quarter declined 4.3 per cent to Rs 54.5 crore, with a 17.5 per cent fall in revenue to Rs 617.3 crore compared to the year-ago period largely due to fall in EPC project business.

SMS Lifesciences India: The United States Food and Drug Administration (USFDA) has completed an inspection of the company's API manufacturing facility located at Sangareddy district, Telangana (Unit I) without any observations. Open / Comment

2022-04-08 12:57:47 BUY CALL INTRADAY BAJAJ AUTO BUY @3780 - 3784 CMP TGT - 3799 / 3830 / 3880 SL - 3745 HIGH CONVICTION Open / Comment

2022-04-08 11:40:54 BUY CALL INTRADAY BAJAJ AUTO BUY @3780 - 3784 CMP TGT - 3799 / 3830 / 3880 SL - 3745 HIGH CONVICTION Open / Comment