Technical Analysis of 1 Stock (with 15 days horizon).

The shares of Maruti Suzuki were trading up by almost 1 per cent as the markets were trading in the red on Thursday after the auto major decided to increase prices across its model range from January 2021.

The market opened in red on December 10, 2020, overall volumes in futures & options currently stand at 3,04,63,383 contracts with a turnover of Rs. 26,16,664.62 crore.

The market opened in red on December 10, 2020, overall volumes in futures & options currently stand at 3,04,63,383 contracts with a turnover of Rs. 26,16,664.62 crore.

The market opened in red on December 10, 2020.

Maruti Suzuki India: Over the past year, the cost of company's vehicles has been impacted adversely due to increase in various input costs. Hence, it has become imperative for the company to pass on some impact of the above additional cost to customers through a price increase in January 2021. Eveready Industries: The company has denied reports of Dabur promoters to buy a controlling stake in Eveready.

On Thursday, the bulls are likely to take a pause as the global cues are negative and SGX Nifty is indicating a fall of 58 points at the opening bell in Nifty. It would be interesting to see whether the market participants grab this initial dip as a buying opportunity like they have done in recent times and would the foreign portfolio investors also latch on to this opportunity and keep markets afloat or not. We do believe this dip will have takers as long as Nifty sustains above the 13,400 mark.

The gap-area of Wednesday (13,435-13,449) is likely to act as an important level for the index. On the upside, sustaining above Wednesday’s high of 13,550 could lead the index towards the level of 13,700, where the next resistance is likely to be seen.

The India International Exchange (IFSC) Limited (India INX), India’s first international exchange based in the International Financial Services Centre (IFSC) at Gujarat International Finance Tec-City (GIFT City) witnessed an all-time high trading turnover of over USD 11.71 billion (Rs 86,199 crores approx.) on its derivative segment in daily trading turnover on December 09, 2020, with a market share of over 74 per cent in GIFT IFSC.

BSE StAR MF has achieved a positive net equity inflow of Rs 370 crore for the month of November 2020. On the contrary, the industry experienced an outflow of Rs 12,917 crore during the same month.

The stock of Zensar Technologies Limited has formed a hammer candlestick pattern as on the weekend of March 27, 2020, and thereafter, marked the sequence of higher tops & higher bottoms. The stock gained more than 308 per cent from its 52-week lows and has also given over 49 per cent returns from year-to-date.

The pattern occurs when bears overtake the bulls during three consecutive trading sessions. On the pricing chart, the pattern showcases three bearish long body candles with short or no shadows. This pattern usually indicates a weakness in an established uptrend as well as the potential emergence of a downtrend.

ICICI Prudential Life Insurance and RBL Bank have entered into a bancassurance partnership to offer life insurance products to the bank’s customers.

Intellect Design Arena, a global leader in financial technology across banking & insurance announced on Wednesday that it has appointed CreditorWatch, a commercial credit reporting bureau, to deliver commercial data & insights on sole traders to Australian Securities Exchange (ASX) listed public companies.

On Wednesday, the markets continued their bull run as Sensex closed at 46,103.50 levels, up by 494.99 points or 1.09 per cent while, Nifty gained 136.15 points or 1.02 per cent to settle at 13,529.10 levels.

Firstsource Solutions and Celonis today announced a strategic partnership that will enable businesses to quickly identify & eliminate process constraints, drive agility, and optimise outcomes.

Equity mutual funds continued to witness outflows even in November 2020. Read on to find out more.

TCS, a leading global IT service, consulting & business solutions organisation, has launched a new product called TCS Clever Energy^TM.

The market opened in green on December 09, 2020, overall volumes in futures & options currently stand at 2,64,68,335 contracts with a turnover of Rs. 22,80,190.75 crore.

Vascon Engineers Limited announced on Tuesday after the market hours that it has received a work order amounting to Rs 37.74 crore from Transcon-Sheth Creators Private Limited for the construction of composite sale building no. 3 Rehab in Malad (Mumbai).

The market opened in green on December 09, 2020.

The market opened in green on December 09, 2020, overall volumes in futures & options currently stand at 2,64,68,335 contracts with a turnover of Rs. 22,80,190.75 crore.

The company will manufacture Dexmedetomidine Hydrochloride in 0.9 per cent Sodium Chloride injection, in the strengths of 200 µg/50 ml and 400 µg/100 ml single doses in flexible containers (bags). The injection is said to launch in January 2021.

JSW Steel: The crude steel production for the month of November 2020 was at 13.32 lakh tonnes, showing a growth of 3 per cent YoY. The average capacity utilisation was 89 per cent during the month of November 2020. The shortage of iron ore remained a constraint in November 2020 to achieve higher capacity utilisation.

The unabated journey continued for the Indian markets on Tuesday as well with both the indices, Sensex & Nifty logging fresh record highs. However, it was a tough row to hoe for the bulls as extinct bears fought their heart to gain supremacy but all in vain as the recovery in the second half of the trading session once again provided an advantage to the bulls.

On the upside, the resistance is placed around 13,435, followed by 13,535 levels. On the downside, support is seen around the 13,300 mark. As long as it trades above the 13,300 mark, buy-on-dips would be a prudent strategy.

The stock of Mphasis Limited has been picked up by our Bollinger Band Squeeze scanner, which suggests that the stock is near a consolidation breakout.

This is an extremely rare pattern and usually occurs at the top of an uptrend. Generally, we rely on the typical momentum indicators or oscillators for recognising an overbought and oversold condition of the stock. However, this Japanese candlestick pattern gives us a unique way to recognise the time when the momentum is about to wane out.

On Tuesday, Sensex gained by 181.54 points or by 0.40 per cent to close at 45,608.51 levels while Nifty was up by 37.20 points or by 0.28 per cent and settled at 13,392.95 levels.

TVS Srichakra Limited announced its planned capital expenditure today of Rs 1,000 crore to ramp-up manufacturing in two of its plants in Madurai (Tamil Nadu) and Pantnagar (Uttarakhand).

Indoco Remedies announced today about winning major tenders in Germany, including AOK for Allopurinol tablets. This is the first time that the company would be launching its own label product in Europe.

Canara Bank Ltd, one of the largest public sector banks in India, is set to raise Rs 2,000 crore by way of qualified institutional placement (QIP). Reacting to the news, its stock gained 8 per cent on Tuesday.

HDFC bank has recently moved into a correction. So, is this correction journey likely to continue? Let’s find out.

The market opened in green on December 08, 2020.

The market opened in green on December 08, 2020, overall volumes in futures & options currently stand at 2,17,09,777 contracts with a turnover of Rs. 18,23,826.19 crore.

The market opened in green on December 08, 2020, overall volumes in futures & options currently stand at 2,17,09,777 contracts with a turnover of Rs. 18,23,826.19 crore.

Bengaluru is a key market for the company and the project would help the company to deepen its presence across the country's leading real estate markets.

The shares of Goodyear India Ltd surged around 13.62 per cent after the company’s board of directors declared an interim dividend at its meeting held on Monday.

Titan: Favre Leuba AG (FLAG), a wholly-owned subsidiary of Titan, was incorporated in the year 2012. The board of Titan has decided to request the management of FLAG to scale down the operations of the company substantially with immediate effect so that further, the investments from Titan to FLAG cease as early as possible.

The bulls seemed to be blessed by the Almighty and believe that nothing can go wrong with them. The Indian markets were staring at a murky opening on Monday as the cues from the global markets were shabby and fragile.

There is a resistance placed in the region of 13,400-13,420, which is defined by the upper channel line of the ascending channel on the 60-minutes chart. We think that the bulls may take a pause around this level before reaching their destination of 13,534.

Kotak AMC launches India's first international REIT fund of funds. Read on to find out who should invest in this NFO.

Currently, the stock has given a 38-days consolidation breakout. Further, the breakout is supported by a robust volume of more than double of 50-days’ average volume, indicating strong buying interest by the market participants.

Indian global IT solutions & services company, Larsen & Toubro Infotech Limited announced its strategic partnership with Injazat, a UAE-based market leader in digital transformation, cloud & cybersecurity.

The construction engineering company, L&T has received an order to supply 90 units of Komatsu mining equipment to various companies in sectors such as coal, cement & iron ore.

Along with this trendline breakout, the stock has also managed to close above the upper Bollinger band and started band walk, which is a very bullish sign. Currently, the stock is trading above its short and long-term moving averages.

Mirae Asset Healthcare Fund is a sectoral (pharma) offering from Mirae Asset Mutual Fund. Read on to find out more about its performance post launching.

The stock of Sequent Scientific Limited has given a cup & handle pattern breakout on the daily timeframe. This breakout is supported by robust volumes. The length of the cup with handle pattern was 42 trading sessions while the depth of the pattern was nearly 19 per cent.

On Monday, the domestic benchmark indices remained volatile. Sensex closed at 45,426.97 levels, up by 0.77 per cent or 347.42 points. Nifty gained by 97.20 points or 0.73 per cent to settle at 13,355.75 levels, close to its record high of 13,366.65 levels.

The market opened in green on December 07, 2020, overall volumes in futures & options currently stand at 2,17,88,690 contracts with a turnover of Rs. 18,03,469.56 crore.

The market opened in green on December 07, 2020.

The market opened in green on December 07, 2020, overall volumes in futures & options currently stand at 2,17,88,690 contracts with a turnover of Rs. 18,03,469.56 crore.

On Monday, Sensex was up by more than 200 points at 45,306.01 levels. BSE Small-Cap index gained 1.34 per cent while BSE Mid-Cap index rose by 0.83 per cent.

In phase 1 clinical trial, the company will study the safety, tolerability, pharmacokinetics, and pharmacodynamics of ZYIL1 in healthy human volunteers.

BDL: Indian Air Force, last week, successfully test-fired Akash Missiles. Designed & developed by DRDO, Akash is one of the most successful and indigenously made missiles inducted into the Indian Army as well as the Air Force. Bharat Dynamics Limited (BDL) is the manufacturer of the missile.

SGX Nifty indicates that the markets may face some turbulence on Monday morning as it is trading down by 45 points at 13,281 levels. This is mainly due to negative cues prevailing in the Asian indices. The market participants would like to grab this opportunity and prefer to buy in dips as the major trend of the market remains completely in the favour of the bulls.

In the past, we have seen a tight range breakout resulting in a sharp movement on the upside; hence, we expect this breakout could lead the index towards the targets of 13,534, which is a 161.8 per cent extension of the previous swing.

Axis Mutual Fund has launched Axis Special Situations Fund, an open-ended equity scheme predominantly investing in disputative companies.  Read on to know more.

New Fund Offers (NFO) that are open for subscription.

Considering the daily timeframe, the stock has given a pennant pattern breakout. This breakout was confirmed by the robust volumes. The height of the pennant’s pole is almost 125 points. A pennant is a short-term trend continuation pattern and the breakout above the downward sloping trendline signals that the previous uptrend has resumed.

Tata Power today announced that it has received a letter of intent (LOI) from Odisha Electricity Regulatory Commission (OERC) for the distribution & retail supply of electricity in Odisha’s five circles of the western part (WESCO) and six circles of the southern part (SOUTHCO). Tata Power has received this licence of distribution for a period of 25 years.

RBI has kept the key policy rates unchanged. What does this mean for the debt mutual fund investors? Let’s find out.

This is an extremely rare pattern and usually occurs at the top of an uptrend. Generally, we rely on the typical momentum indicators or oscillators for recognising an overbought and oversold condition of the stock. However, this Japanese candlestick pattern gives us a unique way to recognise the time when the momentum is about to wane out.

The stock of KNR Constructions Limited has given a downward sloping trendline breakout on the weekly timeframe, formed by connecting swing highs from December 2017. Further, the breakout is supported by a robust volume of more than double of the 50-week average volume, indicating a strong buying interest by the market participants.

On Friday, the domestic benchmark indices touched record highs as Sensex closed at 45,079.55 levels, up by 446.90 points or 1 per cent while Nifty gained by 124.65 points or 0.95 per cent to settle at 13,258.55 levels.

During Friday’s trading session, the stock of NCC Ltd jumped more than 7 per cent and made an intraday high of Rs 51.45 per share. In the last one month, NCC has risen by 50 per cent.

The shares of Bharti Airtel were trading in the green on Friday after Telecom Regulatory Authority of India (TRAI) in its subscription data report revealed that for the month of September 2020, Airtel reigned supreme with more than 3.77 million subscriber addition, followed by Reliance Jio, which managed to add 1.46 million new subscribers in comparison.

The manufacturing of the drug will take place at the company’s manufacturing facility in Chantilly (Virginia) and its launch is expected soon.

Zydus Cadila today announced that it has received permission to start the phase III clinical trials in the COVID-19 patients with its biological therapy, Pegylated Interferon alpha-2b, ‘PegiHep^TM’ from Drugs Controller General of India (DCGI).  The trials will be conducted on 250 patients across 20-25 centres in India, starting in December.

The company has made an investment of Rs 5,477 crore for the expansion. Upon completion, the company’s capacity will increase to 136.25 MTPA, making it the third-largest company in the world, outside China.

The market opened in green on December 04, 2020.

On Friday, the stock Indian Railway Catering & Tourism Corporation Limited has surged over 12 per cent and marked an intraday high of Rs 1,597. Technically, the stock has given a downward sloping trendline breakout on the daily timeframe formed by connecting swing highs since June 2020.

The stock of Poly Medicure Limited was picked by our Bollinger Band squeeze scanner, which suggests that the stock is near a consolidation breakout.

The market opened in green on December 04, 2020, overall volumes in futures & options currently stand at 6,05,62,862 contracts with a turnover of Rs. 49,24,536.60 crore.

The market opened in green on December 04, 2020, overall volumes in futures & options currently stand at 6,05,62,862 contracts with a turnover of Rs. 49,24,536.60 crore.

Vakrangee Ltd announced on Thursday after the market hours that it has entered into a partnership with SBM Bank India to provide banking business correspondent (BC) services for pan India at Nextgen Vakrangee Kendra franchisees.

MHRIL: The company has subscribed to 6.67 per cent of the equity share capital of Rocksport for a cash consideration of Rs 3.05 crore.

Going into the final trading session of the week, the advantage is again with the bulls despite the lackluster cues from the global peers. SGX Nifty is trading higher by 38 points and at 13,241 levels. The early advantage to the bulls is due to the statement made by the Finance Ministry.

The level of 13,100 is likely to act as an immediate support level as a breach of this level could open gates for a further correction towards the 12,900 levels. Meanwhile, the 13,220 level should be watched on the higher side.

Ahluwalia Contracts Limited has secured new order aggregating to Rs 533.90 crore for the redevelopment of LTMG Hospital, Sion F/N ward - construction of Nursing College & RMO Residence building located behind the existing college building at LTMG Hospital (Mumbai).

The month of November was quite buoyant for equities as well as for equity-oriented funds. Read on to find out more about the best performing funds in the month of November 2020.

The real estate business of Larsen & Toubro has launched North Towers in Seawoods Residences in Navi Mumbai. The project is a part of India’s first transit-oriented development (TOD) - Seawoods Grand Central. The project has drawn strong attention from the homebuyers with over 300 expressions of interest received within the first two weeks of the launch. This carried the last year’s momentum when 500 apartments of this project were sold in a record time.

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Broadly speaking, the investors were betting on two types of trades in the first half of the year i.e. as soon as the pandemic-led lockdown was announced.

On Thursday, Sensex closed flat with a positive bias, gaining by a mere 0.03 per cent or 14.61 points to settle at 44,632.65 levels. Nifty ended at 13,133.90 levels, up by 0.15 per cent or 20.15 points.

The month of November turned out to be a historic one for the markets in many ways. For Sensex, it was the best November since 1993 while BSE Bankex witnessed the best ever performance since its inception. Banks dominated the markets in November and the outperformance of Bankex over Sensex was at its record best.

Burger King India, the national master franchisee of the BURGER KING, is hitting the primary capital market with its IPO. Read on to find out if you should subscribe to the issue. 

Several major real estate players are talking about strong revival in demand, be it affordable housing or luxury housing projects. With demand revival in place and interest rates at all time low - will real estate stocks outperform? Geyatee Deshpande has answers to the questions related to the real estate stocks.

After opening and rising as much as 2 per cent, the shares of private lender HDFC Bank witnessed a sudden fall of just over a per cent after Reserve Bank of India (RBI) ordered the lender to put a halt to its sourcing of new credit card customers and other launches of other digital business generating activities planned under the Digital 2.0 programme.

Fermenta Biotech today announced that its wholly-owned subsidiary, Fermenta Biotech USA LLC (FBU), Wilmington, DE, has acquired a 52 per cent stake in a US-based vitamin company, AGD Nutrition LLC (AGD).

The recommendations provided in this column are taken from various market sources such as brokers, analysts, dealers and investment strategists, etc. These recommendations may not be backed by strong fundamentals. Therefore we advise readers to use their own discretion before investing in these recommendation

After underperforming for several quarters, the mid-caps are finally back and for the first time in recent history analysts are taking a clarion call on mid-caps and betting on broader markets outperforming the Nifty. Ganesh Vaybase takes into account the key triggers working in favour of mid-caps while also highlighting the historical performance of this category in recent years. Additionally, the DSIJ Research Team has provided a list of top mid-caps based on certain parameters that will help investors zero in on mid-cap stock selection for their portfolio

This section gives decisive investment rationales to our subscribers on the stock queries they have raised to our research team.

In this edition, we have reviewed Bandhan Bank Ltd. and State Bank of India We suggest our reader-investors to HOLD in Bandhan Bank Ltd. and State Bank of India