08:30AM
strategy on nifty
Its first resistance zone is 17976-18036 and the larger resistance zone is 18127-18171. The base zone is 17833-17774. The larger base zone is 17740-17680. FIIs have made the biggest sell-offs in recent times. All SLs placed at 18000 and 20 DEMA are triggered. Today is the first day of the new series. The market is very light in terms of OI. Structure weak but short and bullish sell strategy below 17976-18036. Hold short, stay below 18036 then sell. Big short covering is also possible if 17976 and 18036 stays above.
strategy on nifty bank
Its first resistance zone is 39923-40077. The major resistance zone is 40532-40786. The base zone is 39313 (20 DEMA)-39059 and the larger base zone is 38855-38610. 38855-38610 is the only breakout zone for 12 October. It has lost all the momentum after October 12. Selling today is not advisable due to yesterday’s fall and new series. 20 DEMA Tomorrow’s low, a pullback may also occur. Weakness will increase below its resistance zone, 10 DEMA (39923-40077). Pullback possible above 10 DEMA, long above 39923-40177 or sell at higher levels.
08:15AM
bulk deal
NDTV:Eriska Investment Fund has sold 28,51,894 shares at a price of Rs 79. At the same time, Vikasa India EIF I Fund has bought some shares at this price.
results coming today
आज BPCL, Adani Power, Dr Reddys Labs, Shree Cement, UPL, Vedanta, Adani Transmission, Apollo Tyres, Bandhan Bank, Barbeque-Nation Hospitality, Bharat Electronics, Cadila Healthcare, CARE Ratings, Castrol India, Chemplast Sanmar, Cholamandalam Investment and Finance Company, LT Foods, Dalmia Bharat Sugar and Industries, Dixon Technologies (India), Elecon Engineering, Emami, Embassy Office Parks REIT, Equitas Small Finance Bank, Escorts, Exide Industries, GAIL (India), Glaxosmithkline Pharmaceuticals, Indigo Paints, JK Lakshmi Cement, JSW Energy, Kolte-Patil Developers, Neuland Laboratories, Oberoi Realty, REC, RPG Life Sciences, SAIL, Satin Creditcare Network, Sumitomo Chemical India, TTK Healthcare, Varun Beverages, VIP Industries और Voltas के नतीजे आएंगे।
FII and DII figures
Foreign institutional investors sold Rs 3,818.51 crore in Indian markets on 28 October. At the same time, domestic institutional investors bought Rs 836.60 crore on this day.
07:59AM
Mixed signals from global markets
There are mixed signals from global markets. There is weakness in Asian markets. DOW FUTURES is also down. But SGX Nifty has a slight edge. On the other hand, the US markets were strong yesterday.
8 new shares included in FNO from today, new futures series will fill the enthusiasm in the market!
8 new shares will be entered in F&O from today, this includes the names of SBI CARDS, FIRSTSOURCE, BIRLASOFT, GSPL, ATUL. The F&O family will now have 188 members.
IRCTC earnings will decrease
IRCTC earnings will decrease. In a setback to the company, the Ministry of Railways has said that the company should give 50% of the fees received from ticket sales to the Railways. The decision will reduce the ticketing margin from 85% to 48%. There is a possibility of a sharp decline in this stock today.
TATA POWER’s profit up by 36%, NTPC’s results bleak
NTPC’s Q2 results were slightly below expectations. The company’s revenue has increased by about 15%. But profits have declined by 8%. At the same time, the profit of TATA power has increased by 36%. Margins of both the companies have shown pressure.
DRL, UPL results will come today
Today the results of 3 companies of Nifty and 15 of FNO will come. DR REDDYS Q2 results may increase revenue by 5%. But pressure on profits and margins is possible. At the same time, the PROFIT of UPL can increase by 63%. Improvements are also possible in MARGIN.
IPO of FINO PAYMENT BANK will open from today
FINO PAYMENT BANK IPO is opening from today. Its price band is 560 to 577 rupees. The company plans to raise 1200 crores from IPO. The company has raised Rs 539 crore from ANCHOR INVESTORS.
NYKAA का IPO
Beauty product brand NYKAA’s IPO and the first day filled more than one and a half times. About 2 times applications have come in RETAIL quota. Its price band is between Rs 1085 to 1125.
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