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30 January 2024

January 30, 2024

-9 + 110
21959 + 93
+ 29 + 3221
+ 86
- 363

APARINDS, ARVIND, ASTRAL, ATGL, BAJAJFINSV, BAJAJHLDNG, BLUESTARCO, COCHINSHIP, COROMANDEL,


DRREDDY, DWARKESH, GILLETTE, JBMA, JCHAC, JPASSOCIAT, KEC, KPITTECH, LT, M&MFIN, MOL, POLICYBZR,
SHYAMMETL, SIS, SRF, STAR, STARHEALTH, SYMPHONY, TRIVENI, VAIBHAVGBL, VIPIND, VOLTAS, ZFCVINDIA
January 30, 2024

Sunteck Realty CMP (458) KEC Int CMP (623)


Company to develop projects at Nepean Company said it has secured orders
Sea Road, Bandra Bandstand worth Rs 1,304 crore across various
businesses

POSITIVE POSITIVE
450 464 | 470 618 627 | 631

GAIL CMP (171)


Heritage Food CMP (338) Company seeks 7-8 mn tn/yr LNG via long Nippon AMC CMP (523)
Net Profit at Rs 26.9 cr vs Rs 13.7 cr, term contracts. GAIL inks long-term purchase Net Profit at Rs 284.3 cr vs Rs 205.0 cr,
Revenue at Rs 941 cr vs Rs 786 cr (YoY) pact with ADNOC Gas. Revenue at Rs 423.3 cr vs Rs 353.8 cr
(YoY)

POSITIVE POSITIVE
POSITIVE
326 346 | 354 166 175 | 179
514 529 | 536
WEEKLY TRACKER : KEY CORPORATE ACTION January 30, 2024

Company Name Ex Date Purpose Record Date Remarks

PERSISTENT SYSTEMS LTD. 30 Jan 2024 Interim Dividend - Rs. - 32.00 30 Jan 2024

SIEMENS LTD. 30 Jan 2024 Final Dividend - Rs. - 10.00 -

Source – BSE INDIA


January 30, 2024

GAIL (India) : Robust Q3; strong growth outlook. Buy with Target price of Rs.200

Marico : Another soft quarter. Buy with Target price of Rs.605


APL Apollo Tubes : In-line Q3; capacity expansion to drive growth. Buy with Target price of Rs.2000

MACROTECH * 1035 BUY 1293 25%

EXIDE INDS * 315 BUY 363 15%

ICICI BANK 1009 BUY 1200 19%

SRF 2290 BUY 2745 20%

PVR INOX 1522 BUY 2200 45%


January 30, 2024

(CMP 21737.60) (CMP 45442.35)

Short term trend Sideways Short term trend Negative


Upper Boundary – 22300 Upper Boundary - 49000
Lower Boundary – 20500 Lower Boundary - 44000

21700 21600 45400 45200


21850 21950 45600 45800

Buy near 21750 with a stop loss of 21650 tgt Buy near 45400 with a sl of 45200 tgt 45600/45800
21850/21900

1. GAIL 2. GODREJPROP 1. SRF 2. LAURUSLAB


January 30, 2024

TECHNICAL VIEW

FINNIFTY (CMP – 20413.35) Nifty Midcap Select (CMP – 10678.15)

Short-term Trend Negative Short-term Trend; Positive

Upper Boundary - 22000 Upper Boundary – 11000


Lower Boundary – 19500 Lower Boundary - 9800

S1: 20400 S2: 20300 S1: 10600 S2: 10500

R1: 20500 R2: 20600 R1: 10750 R2: 10850

Strategy for the Day Strategy for the Day


Buy near 20400 with a sl of 20300 tgt 20500/20600 Buy near 10650 with a sl of 10550 tgt 10750
Jan 30, 2024

View
Rs.1137..02 Cr.
RELIANCE Positive 2910 2990 2860
21770. 45831 Rs.-22777.4 Cr.
GODREJCP Positive 1176 1199 1150
1.30 0.89 Rs.8144.44Cr.
IGL Positive 420 430 415
22500 47000 Rs 21.43 Cr.
VOLTAS Positive 1047 1075 1032
21500 45500 Rs. -13474.50 Cr
CIPLA Negative 1347 1305 1360

L
22660
20940
JAN 30, 2024

Strategy for the day


BULL CALL SPREAD

Date : 30-01-2024
VIEW BULLISH
EXPIRY : 01-02-2024

SYMBOL STRIKE TYPE BUY/SELL PREMIUM


NIFTY 21800 CE BUY 158.25
NIFTY 22000 CE SELL 76.7

MARGIN APPROX (Rs) 25000


TOTAL OUTFLOW PER SHARE (Rs) 4077.5
STOP LOSS (Rs ) 1500
TARGET 1500-3500
TIME FRAME 01-02-2024
BREAKEVEN 21881.55

KEY POINTS

1. STOPLOSS WOULD BE INFOMRED


2. KINDLY EXECUTE THE TRADE IN ALL LEGS

3. WHILE EXECUTING THE TRADE, EXECUTE BASED ON THE COMBINED PREMIUM OF ALL THE LEGS AND NOT THE PREMIUM OF INDIVIDUAL STRIKE
30 January 2024

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