About Me

15th Jan 2020, Stock market news, Morning Brief,Share market news.

Benchmark Index Nifty expected to open on flat nodes as SGX Nifty trading at 12360 (-30) in early morning around (08:50 AM), Nifty support levels at 12320/12280 and resistance levels at 12410/12350. Bearish mood will activate only below 12280 and it can accelerate towards 12200 marks. Market remains highly volatile. Advise to keep maintain strict stop loss for any position.


Bank Nifty Support at 31900-31800 and resistance at 32300- 32400. Bearish mode will activate only below 31900 and can accelerate towards 31500 marks.

Sensex Support at 41850-41700 and resistance at 42150-42300. Bearish mode will activate only below 41700 and can accelerate towards 41500 marks.

Market Statistics
Yesterday Trading Activity In Tuesday's trade, foreign institutional investors (Fils) sold worth * 206 Crore compared to domestic institutional investors who sold share worth 602 crorein Indian equity market.

Securities in Ban period - Nil.

Results - LTI, RIIL, STRETECH, TINPLATE.

Events UK CPI (15:00 IST), USA PPI (19:00 IST), Crude oil
inventories (21:00 IST).

Major Currency Pair – USDINR (70.92), EURINR (78.99), GBPINR
(92.14), JYPINR 100 (64.43).
World Markets DOW Jones 28939.67 (+32.62), NASDAQ
9251.33 (-22.60), DAX 13456.49 (+4.97), FTSE 7622.35 (+4.75)
CÁC 6040.89 (+4.76).

Derivative Position (Open Interest wise)
Long Build-up TATAGLOBAL (+44.42%), NTPC (+37.18%),
MINDTREE (+26.63%).
Short Covering NMDC (-4.85%), GAIL (-4.81%), BRITANNIA (-
3.71%).

Short Build-up - RAMCOCEM (+13.44%), INDUSINDBK (+12.27%),
CHOLAFIN (+11.97%).

Long Unwinding – TORNTPOWER (-7.70%), JUBLFOOD (-2.59%),
MANAPPURAM (-2.19%).

Stock in Action

Bullish - VEDL, BRITANNIA, HEROMOTOCO.
Bearish - INDUSINDBK, YESBANK, UPL.

Post a Comment

0 Comments