Intraday Equity Tips and Market News

Equity tips:- Indian equities are expected to open higher amidst mixed global cues. As the indices continue to remain volatile, stock-specific action will continue to remain in focus. The January F&O contracts have begun on a stellar note with Nifty posting 1% gains, while the Mid-cap index & Small-Cap index ending ~0.8% higher on the first trading session of the January F&O expiry. As the sentiment continues to remain in favour of bulls, traders have covered their short positions in some stocks and have also created long positions in the majority of the counters. Based on the open interest data points, we believe following 8 stocks could trade with a positive bias in today's trade. Underline OI (lakhs) % OI Chg Price % Price Chg Action BERGEPAINT 21 18.8 330 0.2 Long Buildup SIEMENS 21 15.3 1046 1.3 Long Buildup MUTHOOTFIN 22 12.0 507 2.5 Long Buildup RELINFRA 97 11.4 314 3.0 Long Buildup BPCL 94 (8.7) 356 0.4 Short Covering HINDPE...

Equity tips:- Nifty witnessed wild swings during the expiry, posting a smart recovery from 10350 levels for the second series in a row. Nifty Futures and Bank Nifty Futures closed marginally lower, shedding 0.7% and 0.2%, respectively, on an expiry-on-expiry (eoe) basis. Initially, at the start of the expiry, sharp delta moves showed negative payoffs for the short vega option writers, but the pendulum swings at the later end of the series, led to strong gains for the option writers.   Sector-wise, Nifty PSU Bank Index posted strong gains for the second series in a row, closing ~4% higher on eoe basis. Nifty Pharma index was among the top underperformers, closing ~4.7% lower on eoe basis. FIIs speculative index futures long/short ratio hovered around 1x level for a major part of the series as uncertainty weighed in. For the first time since January 2014, FIIs & DIIs ended the series posting redemptions, although the quantum remained marginal.  Rollover...

Equity tips:- Candlesticks are the most popular chart choice among traders as compared to line chart, bar chart and the point & figure chart. It has gained popularity among the traders as it conveys the wide range of trading information in one go in a highly visual way. Candlesticks tend to form patterns which are interpreted by traders to identify a continuation or reversal of the existing trend. It is also used to spot short-term trading opportunities. Different traders make use of candlestick charts differently. Candlestick patterns should be used in conjunction with the prevailing trend. Candlestick also tends to act as a unique leading indicator providing the trader with an edge while entering and exiting a trade. It also gives an early signal of a reversal in trend compared to the rest of the technical indicators. Hence it is widely used in short-term trading and in volatile markets. Candlestick patterns gain significance based on their location within t...

Equity tips:- Indian equities are expected to open lower amidst negative global cues.   Tracking the global cues all the Asian indices along the US indices have witnessed a downward momentum since the start of this week, hinting a follow-up action by the Indian equities getting into today's trade.  Since the beginning of the December expiry, baring few counters majority of the underline securities have witnessed short selling or long unwinding activity, indicating a negative bias for the markets. As the December contracts are approaching to expire, stock specific activity could take centre stage as  selling pressure on account of fresh Short build-up and Long unwinding could escalate in today’s trade. Tracking the open positions i.e open interest activity of the last trading session, following is the list of stocks that could trade with negative bias:  Underline OI (lakhs) % OI Chg Price % Price Chg Action SRF 8 27.2 1977 (8.3) Short Bui...

Equity tips:- Equity Benchmarks Sensex and Nifty will remain shut on Tuesday on account of Christmas. Forex and Commodity markets too will remain close today. On Monday, the Nifty closed below its 200 DEMA, which accentuated the selling pressure in the markets. Hero MotoCorp, Bajaj Auto, and Asian Paints were the major contributors to the sell-off in the market. Bank Nifty, too, closed lower for the third consecutive session ending 154 points lower at 26,714. The Nifty January contract added 123% in fresh open interest with a sharp decline in the underlying price, indicating a build-up of short positions . We provide free profit calls for EQUITY,Forex & COMMODITY tips.If you want more information regarding the  Stock cash tips , Nifty tips,  Commodity tips , Equity tips, forex tips  missed call @ 8966834895 

Equity tips:- What is Put/Call Ratio?   Put/Call ratio (PCR) is a popular derivative indicator, specifically designed to help traders gauge the overall mood of the market. The ratio is calculated either on the basis of options trading volumes or on the basis of the open interest for a particular period.  If the ratio is more than 1, it means that more puts have been traded during the day and if it is less than 1 it means more calls have been traded. The PCR can be calculated for the option segment as a whole which includes individual stocks as well as indices. How is the Put/Call ratio calculated? a) Open Interest Put/Call ratio Open Interest PCR is calculated by dividing the total number of open interest in all the available Put option strikes across the series by the total number of open interest in all the available Call option strikes across the series. PCR (OI) = Put open interest /Call open interest b) Volume Put/Call ratio Volume...

Equity tips:- Bharti Airtel in its filing to the exchanges informed that its board has approved divestment of up to 59.12cr equity shares, representing 32% stake of Bharti Infratel, owned by the company, to its arm Nettle Infrastructure Investments. "The transfer to Nettle shall be in accordance with all the applicable statutes, rules, and regulations," the company said in a press note after markets hours to the exchanges on Thursday. The divestment is subject to shareholders’ approval. Post divestment, shareholdings of Bharti Airtel, Nettle Infrastructure Investments Limited, and Public/other shareholders will be 18.33%, 35.18%, and 46.49%, respectively in Infratel. Bharti Airtel Ltd's share price ended at Rs316.15, down by Rs6.1 or 1.89%, from its previous close of Rs322.25 on the BSE. The scrip opened at Rs316 and touched a high and low of Rs321.20 and Rs314.25, respectively. A total of, 56,59,335 (NSE+BSE) shares have traded on the counter. T...