Institutional Equity Research
MARKET LENS
January 02, 2025
NIFTY
23743
BANK NIFTY
51061
Anticipatory Intraday Calls
Support
23596
23450
23856
23970
Support
50590
50119
51427
51793
Intraday Pick
GNFC
Intraday Pick
EXIDEIND
Intraday Pick
OBEROIRLTY
Resistance
Resistance
EQUITY INDICES
Indices
Domestic
1-D
1-Mth
YTD
BSE Sensex
78,507
368.4
0.5%
(2.2%)
0.7%
23,743
98.1
0.4%
(2.9%)
0.4%
S&P CNX 500
22,488
112.7
0.5%
(2.3%)
0.5%
SENSEX 50
24,965
102.2
0.4%
(1.7%)
0.4%
Last Trade
Change
1-D
1-Mth
YTD
42,544
(29.5)
(0.1%)
(4.8%)
0.0%
International
f NIFTY-50 has once stuck in a range of 23,500-23,900, but holding
its support of 23,500 levels and crossover of 24,000 will witness a
breakout in broader markets.
f On the downside now if 25,500 is being breached then we could
expect sharp selloff in high beta sectors and index pivotal push it
lower to 23,100 levels.
f RSI has bounced from its oversold zones, and we expect the
markets to trade volatile on the back of weekly expiry in the second
half.
f Highest call OI has moved higher to 24,000 strikes while the
downside the highest put is at 23,500 for the weekly expiry.
Percentage Change
Change
CNX Nifty
DJIA
NIFTY-50 OUTLOOK
Absolute Change
Last Trade
NASDAQ
19,311
(176.0)
(0.9%)
(0.9%)
0.0%
NIKKEI
39,895
(386.6)
(1.0%)
1.7%
0.0%
HANGSENG
19,689
(370.7)
(1.8%)
(0.3%)
(1.8%)
ADRs / GDRs
Dr. Reddy’s Lab (ADR)
Last Trade
Change
1-D
1-Mth
YTD
15.8
0.1
0.5%
10.4%
0.0%
Infosys (ADR)
21.9
(0.2)
(0.8%)
(0.9%)
0.0%
ICICI Bank (ADR)
29.9
(0.3)
(0.9%)
(3.4%)
0.0%
HDFC Bank (ADR)
63.9
(0.3)
(0.4%)
(4.3%)
0.0%
Axis Bank (GDR)
62.2
0.2
0.3%
(8.5%)
0.0%
Reliance Ind (GDR)
56.8
0.1
0.2%
(7.3%)
0.0%
COMMODITY MARKET
Key Commodities
Last Trade
Change
1-D
1-Mth
YTD
Brent Crude ($/bl)
75.1
0.7
0.9%
2.6%
0.6%
Silver ($/Oz)
29.7
0.4
1.5%
(5.8%)
1.5%
Gold ($/Oz)
2,645.2
4.2
0.1%
(0.9%)
0.1%
Copper LME ($/MT)
8,857.0
68.0
0.9%
(2.9%)
0.9%
Aluminium LME ($/MT)
2,562.0
5.5
0.3%
(1.9%)
0.3%
CURRENCY RATES
BANK NIFTY OUTLOOK
f Bank Nifty once again continue to hold its long term of 200-day
average and bounced back recovering the previous day fall and
closed higher.
f On the downside the support of 50,500 will be a reversal point
and breakdown below which will trigger sharp profit booking in
index pivotal
f The hourly RSI averages is piercing upwards from the lower range
and other key technical indicators has turned positive from current
levels.
f Highest call OI has moved lower to 52,500 strikes while the
downside the highest put OI has moved lower to 50,000 for the
monthly expiry.
Last Trade
Change
1-D
1-Mth
YTD
USD/INR
85.9
0.10
0.1%
1.3%
0.0%
EUR/INR
89.4
(0.22)
(0.3%)
0.0%
(0.0%)
RATES
Last Trade
Change
1-D
1-Mth
YTD
T-Bill - 91 D
6.7
0.13
0.02
0.04
0.02
10 Year G-sec Yield
6.9
0.13
0.02
0.03
0.02
INVESTMENT ACTIVITY (RS. CR)
Category
BUY
SELL
NET
Prev
FII
1,237.0
3,019.7
(1,782.7)
(4,645.2)
DII
8,537.0
6,846.6
1,690.4
4,546.7
EXCHANGE TURNOVER
Exchange
ANTICIPATORY INTRADAY CALLS
NSE Symbol
Reco.
Prev. Cls
Reco. Range
Stop Loss
Target
BSE Equity
GNFC
BUY
566
557-562
554
576
BSE Derivatives
EXIDEIND
BUY
421
415-418
412
429
NSE Equity
OBEROIRLTY
SELL
2275
2292-2309
2335
2240
NSE Derivatives
Rs Crore
4,519.3
13,99,879.4
66,218.5
15,480,680.6
1
Institutional Equity Research
MARKET LENS
NIFTY
23743
BANK NIFTY
51061
Anticipatory Intraday Calls
Support
23596
23450
23856
23970
Support
50590
50119
51427
51793
Intraday Pick
GNFC
Intraday Pick
EXIDEIND
Intraday Pick
OBEROIRLTY
Resistance
Resistance
January 02, 2025
Derivatives Snapshot
f NIFTY-50 opened lower on back of weak global cues, withhold the support levels of 23,500 and witnessed to close near the high point of the
day. Nifty was up by 98 points at 23,743 levels. Among the nifty stocks 37 advanced and 13 declined during the day
f Among sectors it was a mixed bag with Auto, Media and Banks to gain by 1.2%, 0.8% and 0.4% respectively for the day while Realty and
Metals declined by 0.8% and 0.3% for the day.
f Broader market indices remained positive with NIFTY 100, 200 and 500 to close up by 0.4% average while midcap indices and small cap
indices gained by 0.4% for the day.
f Nifty Jan futures ended with 155-point premium at 23,898, while on other hand, Bank Nifty Jan futures ended with a premium of 379 point
at 51,439.
f NIFTY-50 has once stuck in a range of 23,500-23,900, but holding its support of 23,500 levels and crossover of 24,000 will witness a breakout
in broader markets.
Sectoral Activity: Amongst sectors Banks and Auto remained in focus with positive momentum.
Stock Activity: Axis Bank and Maruti have witnessed long build up in today’s trade.
2
Institutional Equity Research
MARKET LENS
NIFTY
23743
BANK NIFTY
51061
Anticipatory Intraday Calls
Support
23596
23450
23856
23970
Support
50590
50119
51427
51793
Intraday Pick
GNFC
Intraday Pick
EXIDEIND
Intraday Pick
OBEROIRLTY
Resistance
Resistance
January 02, 2025
Pivot Table
Name
SENSEX
LTP
78507
Support 2
77529
Support 1
78018
Pivot
78387
Resistance 1
78877
Resistance 2
79246
NIFTY
BANKNIFTY
ADANIENT
ADANIPORTS
APOLLOHOSP
ASIANPAINT
AXISBANK
BAJAJ-AUTO
BAJAJFINSV
BAJFINANCE
23743
51061
2555
1219
7370
2305
1072
8741
1576
6935
23450
50119
2446
1194
7227
2259
1045
8470
1556
6754
23596
50590
2501
1206
7298
2282
1058
8605
1566
6845
23710
50956
2572
1219
7372
2303
1068
8686
1575
6896
23856
51427
2627
1232
7443
2325
1081
8821
1585
6987
23970
51793
2698
1244
7516
2346
1091
8902
1594
7038
BEL
294
289
291
293
296
297
BHARTIARTL
BPCL
BRITANNIA
CIPLA
1596
295
4795
1529
1573
288
4721
1503
1584
292
4758
1516
1595
294
4789
1532
1607
297
4826
1545
1618
299
4856
1561
COALINDIA
386
3844
383
386
389
391
DRREDDY
EICHERMOT
1369
4885
1337
4681
1353
4783
1371
4845
1387
4947
1405
5009
GRASIM
2442
2399
2421
2447
2469
2495
HCLTECH
HDFCBANK
HDFCLIFE
HEROMOTOCO
HINDALCO
HINDUNILVR
ICICIBANK
INDUSINDBK
INFY
ITC
JSWSTEEL
KOTAKBANK
LT
M&M
MARUTI
NESTLEIND
1912
1783
617
4184
593
2322
1284
969
1883
484
905
1788
3668
3082
11208
2172
1890
1746
610
4103
578
2310
1255
942
1864
480
883
1768
3563
2963
10620
2148
1901
1765
613
4144
586
2316
1270
956
1873
482
894
1778
3615
3022
10914
2160
1919
1779
616
4170
595
2327
1281
967
1883
484
902
1787
3652
3055
11094
2170
1930
1797
620
4211
602
2333
1295
981
1892
486
913
1798
3704
3114
11388
2182
1948
1812
623
4237
611
2343
1307
993
1902
489
921
1807
3741
3146
11568
2192
NTPC
ONGC
POWERGRID
RELIANCE
SBILIFE
SBIN
SHRIRAMFIN
SUNPHARMA
TATACONSUM
TATAMOTORS
TATASTEEL
TCS
TECHM
TITAN
TRENT
ULTRACEMCO
WIPRO
334
237
310
1221
1400
793
2919
1890
920
749
137
4112
1704
3254
7068
11447
300
327
235
304
1205
1377
785
2863
1866
906
730
135
4062
1678
3230
6969
11208
296
330
236
307
1213
1389
789
2891
1878
913
740
136
4087
1691
3242
7019
11328
298
332
238
309
1220
1397
794
2911
1891
918
745
137
4111
1704
3256
7099
11424
301
336
239
313
1228
1408
798
2939
1902
925
755
138
4136
1717
3268
7149
11544
303
338
240
315
1234
1416
803
2959
1915
929
761
139
4159
1731
3282
7229
11640
305
3
Institutional Equity Research
MARKET LENS
January 02, 2025
NIFTY
23743
BANK NIFTY
51061
Anticipatory Intraday Calls
Support
23596
23450
23856
23970
Support
50590
50119
51427
51793
Intraday Pick
GNFC
Intraday Pick
EXIDEIND
Intraday Pick
OBEROIRLTY
Resistance
Resistance
Simple Moving Average
Scrip Name
SENSEX
Close Rate
78507
20-SMA
80185
50-SMA
79740
100-SMA
80883
200-SMA
78457
HIGH_52WEEK
85978
LOW_52WEEK
70002
NIFTY
BANKNIFTY
ADANIENT
ADANIPORTS
APOLLOHOSP
ASIANPAINT
AXISBANK
BAJAJ-AUTO
BAJAJFINSV
BAJFINANCE
23743
51061
2555
1219
7370
2305
1072
8741
1576
6935
24229
52399
2468
1236
7252
2358
1123
8942
1619
6933
24175
51864
2628
1273
7085
2580
1144
9422
1659
6837
24634
51737
2848
1365
6996
2877
1166
10277
1727
7001
23873
50612
2986
1380
6597
2887
1162
9736
1663
6967
26277
54467
3744
1621
7545
3412
1340
12774
2030
7830
21137
44429
2025
996
5640
2257
996
6561
1419
6188
BEL
294
305
294
293
280
341
172
BHARTIARTL
BPCL
BRITANNIA
CIPLA
1596
295
4795
1529
1604
296
4804
1482
1604
302
5140
1503
1604
324
5562
1561
1477
316
5401
1515
1779
376
6470
1702
1007
223
4641
1247
COALINDIA
386
401
422
464
467
544
368
DRREDDY
EICHERMOT
1369
4885
1291
4809
1273
4823
1313
4823
1279
4689
1421
5105
1104
3562
GRASIM
2442
2599
2608
2653
2558
2878
2017
HCLTECH
HDFCBANK
HDFCLIFE
HEROMOTOCO
HINDALCO
HINDUNILVR
ICICIBANK
INDUSINDBK
INFY
ITC
JSWSTEEL
KOTAKBANK
LT
M&M
MARUTI
NESTLEIND
1912
1783
617
4184
593
2322
1284
969
1883
484
905
1788
3668
3082
11208
2172
1923
1828
630
4453
645
2383
1314
972
1936
471
963
1771
3765
3026
11070
2207
1876
1778
673
4704
663
2459
1293
1035
1881
475
965
1761
3647
2943
11197
2242
1813
1722
696
5139
677
2641
1265
1219
1891
490
962
1792
3633
2914
11832
2398
1646
1637
651
5099
659
2528
1204
1344
1718
464
924
1770
3617
2680
12155
2462
1980
1880
761
6246
773
3023
1362
1695
2006
529
1063
1942
3964
3222
13680
2778
1235
1364
511
3908
496
2163
970
926
1358
399
762
1544
3175
1575
9738
2145
NTPC
ONGC
POWERGRID
RELIANCE
SBILIFE
SBIN
SHRIRAMFIN
SUNPHARMA
TATACONSUM
TATAMOTORS
TATASTEEL
TCS
TECHM
TITAN
TRENT
ULTRACEMCO
WIPRO
334
237
310
1221
1400
793
2919
1890
920
749
137
4112
1704
3254
7068
11447
300
351
249
322
1259
1423
838
3038
1820
924
769
145
4313
1750
3392
6987
11691
305
374
256
323
1285
1515
828
3058
1818
956
801
146
4202
1717
3310
6949
11304
291
394
282
331
1373
1660
815
3173
1827
1068
906
151
4278
1664
3455
7088
11391
277
379
282
320
1425
1579
814
2875
1691
1094
949
158
4124
1504
3457
5917
10922
260
448
345
366
1609
1936
912
3652
1960
1253
1179
185
4592
1808
3887
8345
12145
320
297
204
226
1202
1308
601
2016
1253
883
718
128
3592
1163
3056
2941
9250
209
4
Institutional Equity Research
MARKET LENS
January 02, 2025
NIFTY
23743
BANK NIFTY
51061
Anticipatory Intraday Calls
Support
23596
23450
23856
23970
Support
50590
50119
51427
51793
Intraday Pick
GNFC
Intraday Pick
EXIDEIND
Intraday Pick
OBEROIRLTY
Resistance
Resistance
Bulk Deals Snapshot
Deal Date
Scrip Code
Company
Client Name
Deal Type*
Quantity
Price
01-01-2025
539506
ADCON
ARUN S PAI
S
82,892
1.08
01-01-2025
544000
CCAL
SAJM GLOBAL IMPEX PRIVATE LIMITED
B
1,14,000
27
01-01-2025
544000
CCAL
HJS SECURITIES PRIVATE LIMITED
S
1,14,000
27
01-01-2025
526546
CHOKSILA
ALANKIT IMAGINATIONS LIMITED
B
1,00,000
89.73
01-01-2025
539770
DARJEELING
MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED
S
31,744
39.54
01-01-2025
543594
DPL
GREEN PEAKS ENTERPRISES LLP
S
2,04,000
14.96
01-01-2025
543594
DPL
JANHAVI SANTOSH GHADGE
B
2,13,000
15.09
01-01-2025
543594
DPL
NEERITA SANJAY JAIN
B
1,80,000
15.13
01-01-2025
543594
DPL
VIHA ASHOK JAIN
S
2,01,000
15.13
01-01-2025
543594
DPL
GREEN PEAKS ENTERPRISES LLP
B
1,92,000
14.95
01-01-2025
513337
GUJTLRM
HITESH SINGH
B
21,06,789
17.21
01-01-2025
513337
GUJTLRM
HITESH SINGH
S
21,06,789
17.22
01-01-2025
513337
GUJTLRM
BRIDGE INDIA FUND
S
70,00,000
17.22
01-01-2025
544312
HAMPS
MANSI SHARE & STOCK ADVISORS PRIVATE LIMITED
B
40,000
78.54
01-01-2025
544312
HAMPS
ISHAAN TRADEFIN LLP
S
14,000
78.54
01-01-2025
544312
HAMPS
ISHAAN TRADEFIN LLP
B
64,000
80.25
01-01-2025
543613
MAFIA
LEELA DEVI
B
68,000
21.25
01-01-2025
544318
MAMATA
MANSI SHARE & STOCK ADVISORS PRIVATE LIMITED
B
1,26,725
540.2
01-01-2025
544073
MCPL
MONEYPLANT GOLD & JEWELLERY TRADING L.L.C
B
67,000
199.1
01-01-2025
544073
MCPL
VINEY EQUITY MARKET LLP
S
4,50,000
199.1
01-01-2025
544073
MCPL
VINEY EQUITY MARKET LLP
S
1,00,000
199.1
01-01-2025
544073
MCPL
PINE OAK GLOBAL FUND
B
50,000
199.1
01-01-2025
544073
MCPL
MOHAMMAD ASHRAF QURESHI
B
3,47,000
199.1
01-01-2025
539767
MNIL
RAHUL KUMAR
B
18,000
20.65
01-01-2025
544313
NACDAC
FINGROW INVESTMENT VENTURES PRIVATE LIMITED .
S
56,000
74.66
01-01-2025
540703
PROCLB
AMIT DHANYAKUMAR CHORDIA
B
1,50,000
50.22
01-01-2025
540703
PROCLB
MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED
S
73,301
50.22
01-01-2025
540703
PROCLB
PACE STOCK BROKING SERVICES PVT LTD
S
67,002
50.22
01-01-2025
540703
PROCLB
RUCHIRA GOYAL
S
35,000
50.22
01-01-2025
540703
PROCLB
SULABH THOMAS SAINU
B
39,300
50.22
01-01-2025
543828
SUDARSHAN
MANSI SHARE & STOCK ADVISORS PRIVATE LIMITED
S
12,48,000
44.35
01-01-2025
543828
SUDARSHAN
SETU SECURITIES PVT LTD
B
12,48,000
44.35
01-01-2025
521005
TITANIN
SONAWANE SOFTWARE LLP
B
2,20,855
40.48
01-01-2025
521005
TITANIN
KOTTALA INFRA LLP
B
1,70,800
40.47
01-01-2025
544303
TTC
YUGA STOCKS AND COMMODITIES PRIVATE LIMITED .
B
15,000
543.07
01-01-2025
544303
TTC
MANVI JAIN
S
11,400
527.35
01-01-2025
544303
TTC
MANVI JAIN
B
11,400
456.53
01-01-2025
544303
TTC
VINEET KUMAR TIBREWALA
S
24,000
471.41
01-01-2025
544303
TTC
VINEET KUMAR TIBREWALA
B
23,400
471.38
01-01-2025
544303
TTC
RITIK GOYAL
B
11,400
489.88
01-01-2025
544303
TTC
RITIK GOYAL
S
11,400
493.09
01-01-2025
544303
TTC
SOHAM FINCARE INDIA LLP
S
15,000
472.33
01-01-2025
544303
TTC
JAYNEEL SECURITIES PRIVATE LIMITED
S
11,400
477.94
01-01-2025
544303
TTC
SOHAM FINCARE INDIA LLP
B
15,000
468.74
01-01-2025
544303
TTC
JAYNEEL SECURITIES PRIVATE LIMITED
B
11,400
475.88
01-01-2025
539337
WAAREE
VINAY JAIPRAKASH AMBEKAR
S
63,000
507.8
01-01-2025
539337
WAAREE
SHALU AGGARWAL
B
1,24,600
507.67
01-01-2025
539337
WAAREE
MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED
S
1,49,975
507.79
5
Institutional Equity Research
MARKET LENS
NIFTY
23743
BANK NIFTY
51061
Anticipatory Intraday Calls
Support
23596
23450
23856
23970
Support
50590
50119
51427
51793
Intraday Pick
GNFC
Intraday Pick
EXIDEIND
Intraday Pick
OBEROIRLTY
Resistance
Resistance
January 02, 2025
Corporate Actions
Company Name
Purpose
Ex-Date
Record Date
Capital Reduction
03-Jan-25
-
Redtape Limited
Interim Dividend - Rs 2 Per Share
03-Jan-25
30-Dec-24
KPI Green Energy Limited
Bonus 1:2
03-Jan-25
03-Jan-25
Garware Technical Fibres Limited
Bonus 4:1
03-Jan-25
03-Jan-25
ITC Limited
Demerger
06-Jan-25
06-Jan-25
Jagsonpal Pharmaceuticals Limited
Face Value Split (Sub-Division) - From Rs 5/- Per Share To Rs
2/- Per Share
08-Jan-25
08-Jan-25
Kamdhenu Limited
Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re
1/- Per Share
08-Jan-25
08-Jan-25
Shriram Finance Limited
Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs
2/- Per Share
10-Jan-25
10-Jan-25
Jai Balaji Industries Limited
Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs
2/- Per Share
17-Jan-25
14-Jan-25
Mcnally
Limited
Bharat
Engineering
Company
6
Institutional Equity Research
MARKET LENS
January 02, 2025
NIFTY
23743
BANK NIFTY
51061
Anticipatory Intraday Calls
Support
23596
23450
23856
23970
Support
50590
50119
51427
51793
Intraday Pick
GNFC
Intraday Pick
EXIDEIND
Intraday Pick
OBEROIRLTY
Resistance
Resistance
Monthly Economic Calendar
Date
Country
Event
Period
Survey
Prior
02-01-2025
United States
Census Bureau US Construction
NOV
-
0.4
03-01-2025
United States
ISM Manufacturing PMI SA
DEC
-
48.4
03-01-2025
United States
ISM Manufacturing Report on Bu
DEC
-
50.3
06-01-2025
China
Caixin China Services PMI Busi
DEC F
-
51.5
06-01-2025
United States
US Manufacturers New Orders To
NOV
-
0.2
07-01-2025
United States
US Trade Balance of Goods and
NOV
-
-73.8
07-01-2025
United States
ISM Services PMI
DEC
-
52.1
07-01-2025
United States
US Job Openings By Industry To
NOV
-
7744.0
08-01-2025
United States
ADP National Employment Report
DEC
-
146
09-01-2025
United States
Federal Reserve Consumer Credi
NOV
-
19.2
09-01-2025
United States
Challenger US Job Cut Announce
DEC
-
26.8
09-01-2025
United States
Merchant Wholesalers Sales Tot
NOV
0.100000001
-0.1
10-01-2025
United States
US Employees on Nonfarm Payrol
DEC
-
227
10-01-2025
United States
Net Revisions to Nonfarm Payro
DEC
-
-
10-01-2025
United States
US Employees on Nonfarm Payrol
DEC
-
194
10-01-2025
United States
US Employees on Nonfarm Payrol
DEC
-
22
10-01-2025
United States
U-3 US Unemployment Rate Total
DEC
-
4.2
10-01-2025
United States
US Employment Total in Labor F
DEC
-
-355
10-01-2025
United States
US U-6 Unemployed & Part Time
DEC
-
7.8
10-01-2025
United States
US Labor Force Participation R
DEC
-
62.5
10-01-2025
United States
US Average Hourly Earnings All
DEC
-
0.4
10-01-2025
United States
US Average Hourly Earnings All
DEC
-
4
10-01-2025
United States
US Average Weekly Hours All Em
DEC
-
34.3
14-01-2025
United States
NFIB Small Business Optimism I
DEC
95.5
101.7
15-01-2025
China
China GDP Constant Price YoY
4Q
-
4.6
15-01-2025
China
China GDP Constant Price Cumul
4Q
-
4.8
15-01-2025
China
China GDP Constant Price QoQ S
4Q
-
0.9
7
Institutional Equity Research
MARKET LENS
January 02, 2025
NIFTY
23743
BANK NIFTY
51061
Anticipatory Intraday Calls
Support
23596
23450
23856
23970
Support
50590
50119
51427
51793
Intraday Pick
GNFC
Intraday Pick
EXIDEIND
Intraday Pick
OBEROIRLTY
Resistance
Resistance
Guided Allocation Towards Research Products
Product
Allocation (%)
Max. Allocation
in 1 stock (%)
Number
of Calls
Frequency
Call Duration
Intraday
30
25-30
3-4 stocks
Daily
Daily
Positional Calls/weekly calls/BTST
30
15-20
6-7 stocks
Weekly
Fortnightly
TradEdge
15
25-50
2 stocks
Fortnightly
Monthly
Option Strategies
15
10-20
2 stocks
Weekly
Weekly
Product
Allocation (%)
Max. Allocation
in 1 stock (%)
Number
of Calls
Frequency
Call Duration
25
10
8-10 stocks
Monthly
Half Yearly
Trading Products
Cash
10
Total
100
Investment Products
Rsec Model Portfolio
Stock In Focus
25
5
1 stock
Daily
Quarterly
Fundamental Calls
25
5
10
Quarterly
Yearly
10
As and When
Yearly
Initiating Coverage
20
Cash
5
Total
100
8
Institutional Equity Research
MARKET LENS
VIKAS
INDER
JAIN
NIFTY
23743
BANK NIFTY
51061
Anticipatory Intraday Calls
Support
23596
23450
23856
23970
Support
50590
50119
51427
51793
Intraday Pick
GNFC
Intraday Pick
EXIDEIND
Intraday Pick
OBEROIRLTY
Resistance
Resistance
Digitally signed by VIKAS INDER JAIN
DN: c=IN, o=PERSONAL, title=0185,
pseudonym=0ca9dd4c88a841af92cd97
d3aef70f61,
2.5.4.20=8847268eb723d2f25c077aee13
092b88d96505457fe3c69420c60d3d2d3
19d5a, postalCode=400104,
st=Maharashtra,
serialNumber=4980852ddfef2fea485e47
c4107f8ed6410b9dbb9b9db5acc229ef8
04ab35f02, cn=VIKAS INDER JAIN
Date: 2025.01.02 07:35:11 +05'30'
January 02, 2025
Head Research:
Vikas Inder Jain
Contact : (022) 41681200
Email : vikas.i.jain@relianceada.com
Disclaimer:
Reliance Securities Limited is a SEBI Registered Research Analyst. Registered & Correspondence Address: 11th Floor, R- Tech IT Park, Nirlon Compound, Off Western
Express Highway, Goregaon East, Mumbai – 400063, Maharashtra, India, CIN: U65990MH2005PLC154052. SEBI Registration No: INH000002384. Name of
Compliance Officer: Ms Shailly Shanbhag, Email Address: Rsec.compliance@relianceada.com.
For any grievance related services please call 022-4168 1200 or write to helpdesk on email id grievance@rsec.co.in Website: www.reliancesmartmoney.com
Investment in Securities markets are subject to market risks, read all the related documents carefully before investing.
Registration granted by SEBI, membership of a SEBI recognized supervisory body and certification from NISM in no way guarantee performance of the intermediary
or provide any assurance of returns to investors.
Past performance is not indicative of future returns. The securities quoted are exemplary and are not recommendatory. Brokerage will not exceed the SEBI
prescribed limit. Please consider your specific investment requirements before choosing a fund, or designing a portfolio that suits your needs.
Reliance Securities Limited makes no warranties or representations, express or implied, on products offered. It accepts no liability for any damages or losses,
however caused, in connection with the use of, or on the reliance of its product or related services. User must determine the suitability of investing in individual
themes presented in this document and should not construe this as specific advice.
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We hereby declare that our activities were neither suspended nor we have defaulted with any regulatory authority with whom we are registered in last five years.
We have not been debarred from doing business by any SEBI or any other authorities; nor has our certificate of registration been cancelled by SEBI at any point of
time.
We and our affiliates/associates, officers, directors, and employees, Research Analyst (including relatives) worldwide may: (a) from time to time, have long or short
positions in, and buy or sell the securities thereof, of company/companies mentioned herein or (b) be engaged in any other transaction involving such securities
and earn brokerage or other compensation or act as a market maker in the financial instruments of the subject company/companies discussed herein or act as
advisor or lender/borrower to such company/companies or have other potential/material conflict of interest with respect to any recommendation and related
information and opinions at the time of publication of Research Report or at the time of public Appearance:
Reliance Securities Limited may have proprietary long/short position in the above-mentioned scrip(s) and therefore may be considered as interested:
The analyst for this report certifies that all the views expressed in this report accurately reflect his or her personal views about the subject company/companies
and its or their securities, and no part of his or her compensation was, is or will be, directly or indirectly related to specific recommendations or views expressed
in this report. Yes
Disciplinary history and details of associates: NA
Research Analyst has served as an officer, director or employee of subject company/companies: No
We or our associates have received compensation from the subject company/companies in the past 12 months: No
We or our associates have managed or co-managed public offering of securities for the subject company/companies in the past 12 months: No
We or our associates have received compensation for investment banking or merchant banking or brokerage services from the subject company/companies in
the past 12 months: No
We or our associates have received any compensation for products or services other than investment banking or merchant banking or brokerage services from the
subject company/companies in the past 12 months: No
We or our associates have received compensation or other benefits from the subject
Company/ companies or third party in connection with the research report: No
Our associates may have financial interest in the subject company/companies.
Research Analyst or his/her relative's financial interest in the subject company/companies: No
Reliance Securities Limited has financial interest in the subject company/companies at the end of the week immediately preceding the date of publication of
Research Report: No
“Nature of financial interest is holding of equity shares and/or derivatives of the subject company.”
Our associates have actual/beneficial ownership of 1% or more securities of the subject company/companies at the end of the month immediately preceding the
date of publication of Research Report: No
Research Analyst or his/her relatives has actual/beneficial ownership of 1% or more securities of the subject company/companies at the end of the month
immediately preceding the date of publication of Research Report: No
Reliance Securities Limited has actual/beneficial ownership of 1% or more securities of the subject company/companies at the end of the month immediately
preceding the date of publication of Research Report: No
Subject company/companies have been client during twelve months preceding the date of distribution of the research report: No
A graph of daily closing prices of securities is available at https://charting.nseindia.com
9