4 June 2024

June 4, 2024

-5 + 6850
23435 - 31
+5 + 1913
- 173
+ 33
 June 4, 2024

Amber CMP (3722) NTPC CMP (391)

As per media reports, it is likely to invest India's largest power generator, #NTPC,
₹2,000 crore to set up a printed circuit is planning a major nuclear foray by
board (PCB) manufacturing facility in the setting up 10GW capacity with an
country. investment of ₹1.5 trillion over a period
of 10 years, according to the top
executive of the state-run company
POSITIVE POSITIVE
3680 3769 | 3816 379 398 | 405

RVNL CMP (404)

Biocon CMP (309)
Company receives US FDA approval for
antifungal drug micafungin
Company gets letter of acceptance for a MOIL CMP (525)
project worth ₹440 crore from South
May Business Update: May Manganese Ore
Central Railway
sales up 41% YoY at 2.15 lk tonnes

POSITIVE POSITIVE
POSITIVE
305 315 | 321 384 425 | 445
515 541 | 558
 WEEKLY TRACKER : KEY CORPORATE ACTION June 4, 2024

Company Name Ex Date Purpose Record Date Remarks

ITC LTD. 04 Jun 2024 Final Dividend - Rs. - 7.50 04 Jun 2024

Source – BSE INDIA

 June 4, 2024

Granules India : Aggressive product launches in high-value markets to drive margins. Buy with Target price
of Rs.515
Ipca Laboratories : Strong Q4; UniChem’s turnaround sustainable. Buy with Target price of Rs.1350
Gateway Distriparks : Expect growth revival in FY2025; Upgrade to BUY. Buy with Target price of
Rs.121

IPCA * 1126 BUY 1350 20%

GDL * 98 BUY 121 23%

TATA MOTORS 950 BUY 1235 30%

ICICI BANK 1160 BUY 1300 12%

OIL INDIA 669 BUY 755 13%

 June 04, 2024

(CMP 23262.90) (CMP 50979.95)

Short term trend Positive Short term trend Positive

Upper Boundary – 24000 Upper Boundary - 54000
Lower Boundary – 21000 Lower Boundary - 46500

23100 23000 50500 50000

23400 23500 51200 51500

Buy near 23100 with a stop loss of 23000 tgt Buy near 50500 with a sl of 50000 tgt 51000/51500
23200/23300

1. PIIND 2. GUJGASLTD 1. HCLTECH 2. LTIM

 June 04, 2024

TECHNICAL VIEW

FINNIFTY (CMP – 22596.40) Nifty Midcap Select (CMP – 11723.55)

Short-term Trend Positive Short-term Trend; Positive

Upper Boundary - 24000 Upper Boundary – 13000

Lower Boundary – 20500 Lower Boundary - 10000

S1: 22500 S2: 22400 S1: 11600 S2: 11500

R1: 22700 R2: 22800 R1: 11800 R2: 11900

Strategy for the Day Strategy for the Day

Buy near 22400 with a sl of 22300 tgt 22500/22600 Buy near 11600 with a sl of 11500 tgt 11700/11800
 APR 16 2024

June 4, 2024

View
Positive Rs 7805.65 Cr.
Bank baroda 298 315 290
23357 51074 Gail Positive 231 245 224 Rs.-5353.5 Cr.
0.89 0.71 Positive Rs 5968.04 Cr.
HDFC AMC 4065 4190 3970
24700 57000 Negative Rs.-764.47 Cr
BERGER PAINT 464 440 475
20200 40000 RS.7655.72 Cr
Eicher Motors Negative 4702 4600 4750

ZEEL 24000
22600
 June 04, 2024

Strategy for the day

Date : 04-06-2024
VIEW BULLISH
EXPIRY : 06-06-2024
DELTA
BULLCALL
NEUTRAL
SPREAD
NIFTY
SYMBOL STRIKE TYPE BUY/SELL PREMIUM
NIFTY 23300 CE BUY 375
NIFTY 23700 CE SELL 242
MARGIN APPROX (Rs) 15000
TOTAL OUTFLOW PER LOT (Rs) 3320
MAX LOSS (Rs ) 3320
TIMEFRAME POSITIONAL
BREAKEVEN 23434

KEY POINTS
1. STOP LOSS WOULD B E INFOM RED
2. KINDLY EXECUTE THE TRA DE IN A LL LEGS
3. WHILE EXECUTING THE TRA DE, EXECUTE B A SED ON THE COM B INED P REM IUM OF A LL THE LEGS A ND NOT THE
P REM IUM OF INDIVIDUA L STRIKE
4 June 2024