The Equity Research Desk provides fundamental analysis of capital market-related entities to aid wise investment decisions. The analysis also includes IPO news and updates. An Initial Public Offering allows investors to explore the opportunities in various sectors. Nirmal Bang’s IPO watch helps market participants to stay abreast of all the latest developments in this segment.

Technical Morning Call 110823

11-Aug-23

Nifty Technical Outlook Nifty is expected to open on a negative note and likely to witness profit booking during the day. On technical grounds, Nifty has an immediate support at 19430. Any move below the same may extend the fall toward 19300-19200 mark. On the flip side 19670-19750 will act as strong resistance levels. It’s a stock specific market, trade calls with strict stop loss. Action: Nifty has an immediate support placed at 19430 and on a decisive close below expect a fall to 19300-19200 levels.

Technical Morning Call 100823

10-Aug-23

Nifty Technical Outlook Nifty is expected to open on a negative note and likely to witness profit booking during the day. On technical grounds, Nifty has an immediate support at 19540. Any move below the same may extend the fall toward 19430-19350 mark. On the flip side 19700-19780 will act as strong resistance levels. It’s a stock specific market, trade calls with strict stop loss. Action: Nifty has an immediate support placed at 19540 and on a decisive close below expect a fall to 19430-19350 levels.

Technical Morning Call 090823

09-Aug-23

Nifty Technical Outlook Nifty is expected to open on a flattish note and likely to witness sideways move during the day. On technical grounds, Nifty has an immediate resistance at 19640. If nifty closes above that, further upside can be expected towards 19730-19800 mark. On the flip side 19500-19420 will act as strong support levels. It’s a stock specific market trade calls with strict stop loss. Action: Nifty has an immediate resistance placed at 19640 and on a decisive close above expect a rise to 19730-19800 levels.

Technical Morning Call 080823

08-Aug-23

Nifty Technical Outlook Nifty is expected to open on a flattish note and likely to witness sideways move during the day. On technical grounds, Nifty has an immediate resistance at 19670. If nifty closes above that, further upside can be expected towards 19740-19850 mark. On the flip side 19500-19420 will act as strong support levels. It’s a stock specific market trade calls with strict stop loss. Action: Nifty has an immediate resistance placed at 19670 and on a decisive close above expect a rise to 19740-19850 levels.

Technical Morning Call 070823

07-Aug-23

Nifty Technical Outlook Nifty is expected to open on a Positive note and likely to witness sideways move during the day. On technical grounds, Nifty has an immediate resistance at 19560. If nifty closes above that, further upside can be expected towards 19640-19700 mark. On the flip side 19440-19370 will act as strong support levels. It’s a stock specific market trade calls with strict stop loss. Action: Nifty has an immediate resistance placed at 19560 and on a decisive close above expect a rise to 19640-19700 levels.

Technical Morning Call 040823

04-Aug-23

Nifty Technical Outlook Nifty is expected to open on a flattish note and likely to witness sideways move during the day. On technical grounds, Nifty has an immediate support at 19270. Any move below the same may extend the fall toward 19150-19080 mark. On the flip side 19500-19620 will act as strong resistance levels. It’s a stock specific market, trade calls with strict stop loss. Action: Nifty has an immediate support placed at 19270 and on a decisive close below expect a fall to 19150-19080 levels.

Technical Morning Call 030823

03-Aug-23

Nifty Technical Outlook Nifty is expected to open gap down and likely to witness selling pressure during the day. On technical grounds, Nifty has an immediate support at 19440. Any move below the same may extend the fall toward 19370-19300 mark. On the flip side 19600-19700 will act as strong resistance levels. It’s a stock specific market, trade calls with strict stop loss. Action: Nifty has an immediate support placed at 19440 and on a decisive close below expect a fall to 19370-19300 levels.

Technical Morning Call 020823

02-Aug-23

Nifty Technical Outlook Nifty is expected to open on a negative note and likely to witness during the day. On technical grounds, Nifty has an immediate resistance at 19820. If nifty closes above that, further upside can be expected towards 19900-20000 mark. On the flip side 19640-19550 will act as strong support levels. It’s a stock specific market trade calls with strict stop loss. Action: Nifty has an immediate resistance placed at 19820 and on a decisive close above expect a rise to 19900-20000 levels.

Technical Morning Call 010823

01-Aug-23

Nifty Technical Outlook Nifty is expected to open on a flattish note and likely to witness positive move during the day. On technical grounds, Nifty has an immediate resistance at 19820. If nifty closes above that, further upside can be expected towards 19900-20000 mark. On the flip side 19640-19550 will act as strong support levels. It’s a stock specific market trade calls with strict stop loss. Action: Nifty has an immediate resistance placed at 19820 and on a decisive close above expect a rise to 19900-20000 levels.

Technical Morning Call 310723

31-Jul-23

Nifty Technical Outlook Nifty is expected to open on a flattish note and likely to witness sideways move during the day. On technical grounds, Nifty has an immediate resistance at 19740. If nifty closes above that, further upside can be expected towards 19850-19940 mark. On the flip side 19570-19500 will act as strong support levels. It’s a stock specific market trade calls with strict stop loss. Action: Nifty has an immediate resistance placed at 19740 and on a decisive close above expect a rise to 19850-19940 levels.

Technical Morning Call 280723

28-Jul-23

Nifty Technical Outlook Nifty is expected to open gap down and likely to witness profit booking during the day. On technical grounds, Nifty has an immediate support at 19600. Any move below the same may extend the fall toward 19470-19300 mark. On the flip side 19840 will act as strong resistance levels. It’s a stock specific market, trade calls with strict stop loss. Action: Nifty has an immediate support placed at 19600 and on a decisive close below expect a fall to 19470-19300 levels.

Technical Morning Call 270723

27-Jul-23

Nifty Technical Outlook Nifty is expected to open gap up and likely to witness positive move during the day. On technical grounds, Nifty has an immediate resistance at 19840. If nifty closes above that, further upside can be expected towards 19920-20000 mark. On the flip side 19700-19630 will act as strong support levels. It’s a stock specific market trade calls with strict stop loss. Action: Nifty has an immediate resistance placed at 19840 and on a decisive close above expect a rise to 19920-20000 levels.

Technical Morning Call 260723

26-Jul-23

Nifty Technical Outlook Nifty is expected to open on a flattish note and likely to witness sideways move during the day. On technical grounds, Nifty has an immediate resistance at 19740. If nifty closes above that, further upside can be expected towards 19820-19900 mark. On the flip side 19600-19500 will act as strong support levels. It’s a stock specific market trade calls with strict stop loss. Action: Nifty has an immediate resistance placed at 19740 and on a decisive close above expect a rise to 19820-19900 levels.

Technical Morning Call 250723

25-Jul-23

Nifty Technical Outlook Nifty is expected to open on a flattish note and likely to witness sideways move during the day. On technical grounds, Nifty has an immediate resistance at 19750. If nifty closes above that, further upside can be expected towards 19830-19900 mark. On the flip side 19600-19500 will act as strong support levels. It’s a stock specific market trade calls with strict stop loss. Action: Nifty has an immediate resistance placed at 19750 and on a decisive close above expect a rise to 19830-19900 levels.

Technical Morning Call 240723

24-Jul-23

Nifty Technical Outlook Nifty is expected to open gap down and likely to witness profit booking during the day. On technical grounds, Nifty has an immediate support at 19700/19660. Any move below the same may extend the fall toward 19600/19470 mark. On the flip side 19840/19970 will act as strong resistance levels. It’s a stock specific market, trade calls with strict stop loss. Action: Nifty has an immediate support placed at 19660 and on a decisive close below expect a fall to 19590/19470 levels

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RISK DISCLOSURES ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Source:

1. SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.