Pre-Market Report by Sharemarket IPO Guru

Mon, 27 May 2024

Global Indices As of Today at 7:50 am in the Morning

Name LTP Change Change%

GIFT Nifty Asia 23,034.0 -5.5 -0.02%

Dow Jones US 39,069.59 +4.33 +0.01%

Nasdaq US 16,920.79 +184.76 +1.10%

S&P 500 US 5,304.72 +36.88 +0.70%

Hang Seng Asia 18,586.00 -22.94 -0.12%

Nikkei 225 Asia 38,754.00 +139.50 +0.36%

KOSPI Asia 2,702.98 +15.38 +0.57%

FTSE 100 Europe 8,317.59 -21.64 -0.26%

Indian Indices As of Most Recent Market Close

Sensex 75,410.39 -7.65 -0.01%

Nifty 50 22,957.10 -10.55 -0.05%

Nifty Bank 48,971.65 +203.05 +0.42%

India VIX 21.7100 +0.3300 +1.54%

Sharemarket IPO Guru 01

Market Bulletin
1. Sensex and Nifty are set for a flat start today.
2. Asian markets rose, supported by expectations from upcoming
economic data from China and India.

3. U.S. markets closed higher last week; Nasdaq achieved a fifth

consecutive week of gains.

4. Friday's close: Sensex slightly down by 0.01%, Nifty down by 0.05%.

5. Key focus areas for the week: Q4 earnings, Lok Sabha election turnout,
macroeconomic data, foreign fund inflows, and oil prices.

6. Bank of Japan to continue cautious approach to inflation targeting.

7. Key stocks to watch: Adani Group, Ireda, JSW Infrastructure, Tata

Technologies due to index changes and fund-raising plans.

8. Flls turned net buyers after heavy selling earlier in May, influenced by
Chinese market performance.

9. U.S. capital goods orders increased in April, surpassing expectations.

10. U.S. consumer inflation expectations improved in late May.

11. Crude oil prices stabilized after a significant drop last week.

Sharemarket IPO Guru 02

Technical Analysis

50 Nifty

1. Achieved milestone of 23,000 on May 23 but closed at 22,957; formed

a small-bodied bullish candlestick with a long upper shadow.

2. Expected volatility due to upcoming Lok Sabha elections on June 4.

3. Resistance levels: 23,009, 23,037, 23,082; support levels: 22,919, 22,891,

22,845.

4. Maintained higher highs for 10 consecutive days; RSI at 67.26 indicates

positive momentum.

5. Formed strong bullish candlestick patterns on weekly charts,

continuing bullish trend after Bullish Piercing Line pattern.

Bank Nifty

1. Formed a bullish candlestick pattern on the daily and weekly charts.

2. Resistance levels: 49,046, 49,142, 49,298 (pivot points), 49,336, 49,975

(Fibonacci retracement).

3. Support levels: 48,734, 48,638, 48,482 (pivot points), 48,265, 48,017

(Fibonacci retracement).

4. Maintained higher highs and higher lows formation for the second
consecutive session.

5. RSI at 60.68, indicating positive momentum.

Sharemarket IPO Guru 03

 Nifty Call Options Data
1. Maximum Call open interest at the 24,000 strike, acting as key
resistance.

2. Followed by 23,500 and 23,000 strikes.

3. Maximum Call writing at 24,000, followed by 23,500 and 23,900 strikes.

4. Maximum Call unwinding at 22,700, followed by 22,500 and

22,900 strikes.

Nifty Put Options Data

1. Maximum open interest at 23,000 strike, acting as key level.

2. Followed by 22,500 and 22,000 strikes.

3. Maximum Put writing at 23,000, followed by 22,500 and 22,900 strikes.

4. Put unwinding at 21,700, followed by 24,000 strikes.

Technical Analysis Source:

https://www.moneycontrol.com/news/business/markets/trade-setup-for-
Monday-15-things-to-know-before-opening-bell-23-12637641.html

Sharemarket IPO Guru 04

Key Stocks to Watch
1. Divi's Laboratories: Revenue up 18.1% to ₹2,303 crore, net profit up 67%
to ₹538 crore. EBITDA margin at 31.7%, cash at ₹3,200 crore end of Fy24.

2. NTPC: Revenue up 7.6% to ₹47,622 crore, net profit up 26.9% to 6,168

crore. Targeting new thermal orders of 15.2 GW.

3. Hindustan Copper: Margin nears 40%, net profit down 6%. Revenue
flat at ₹565 crore, copper prices increasing.

4. Aurobindo Pharma: Revenue up 17.1% to ₹7,580.5 crore. Margins above

20% for second straight quarter, one-time loss of ₹122 crore.

5. Manappuram Finance: Net Interest Income up 33.2% to ₹1,580 crore,

net profit up 35.7% to ₹563.5 crore. Gold tonnage highest in nine quarters.

6. Indiabulls Housing Finance: AUM down 2.5% to ₹65,335 crore, net profit
up 23.1%. Provisions up 2.5x to ₹290 crore.

7. Karnataka Bank: Net profit down 22.5% to ₹274.2 crore. Employee

expenses up 27.1%, provisions up 27.9%.

8. SPARC: Net loss widens to ₹105.8 crore, revenue down to ₹16.56 crore.
CFO Chetan Rajpara resigns.

9. Torrent Pharma: Revenue up 10.2% to ₹2,745 crore, EBITDA margin at

32.2%. India revenue up 10%, US sales down 6%.

10. Glenmark: Revenue up 2% to ₹3,062 crore, net loss widens to 1,218

crore. India revenue up 12.9%.

11. Sundaram Finance: Disbursements up 18.1% at ₹6,209 crore, net profit

up 60% to ₹506.3 crore. AUM up 27.3% to ₹43,987 crore.

Sharemarket IPO Guru 05

Key Stocks
Key Stocks to Watch
to Watch
12. Affle India: Revenue up 42.3% to ₹506.2 crore, net profit up 40% to
₹87.5 crore. EBITDA margin flat at 19.3%.

13. MM Forgings: Board meet on May 29 to consider bonus issue, dividend

along with quarterly earnings.

FII were net sellers with total sales amounting to

FII
Rs -944.8 Cr on 24, May 2024

DII were net buyers with total sales amounting to

DII
Rs 2320.3 Cr on 24, May 2024

PCR of indices

Indices PCR Change

Nifty 1.02 -0.19

Bank Nifty 1.12 -0.1

Fin Nifty 1.06 -0.25

A PCR above 1 indicates that the put volume has exceeded the
call volume. It indicates an increase in the bearish sentiment.

A PCR below 1 indicates that the call volume exceeds the put volume.
It signifies a bullish market ahead.

Sharemarket IPO Guru 06

Feedback

Do you have any feedback or suggestions? We'd love

to hear from you. Please feel free to send an email to
info@sharemarketipo.in

Contact Us

info@sharemarketipo.in

+91 6355 164 289

sharemarketipo.in

Privacy:
We respect your privacy. Your personal details and phone number are secure with us and will not be shared
with anyone.

Disclaimer:
By utilising "SHARE MARKET IPO" it's important to acknowledge that our service does not offer investment tricks,
tips, or specific buy or sell recommendations. Our reports are crafted for informational purposes only. While we
strive for accuracy, the contents of the PDF may contain errors; therefore, we strongly encourage you to
conduct your own research before making any investment decisions. "Pre-Market Pulse" accepts no
responsibility for the outcomes of your investment choices. It is your responsibility to perform due diligence.
The information we provide is sourced from publicly available data; we do not engage in independent
research or endorse any specific investment strategies. If at any point you decide that "Pre-Market Pulse" does
not align with your informational needs, you have the option to discontinue receiving our reports and exit our
community.

Terms & Conditions:

By subscribing to "SHARE MARKET IPO" you're choosing to stay informed with the latest market news. We
diligently work to deliver regular reports on market trends, but please understand that there may occasionally
be days when we are unable to send a report. Recognizing the need for flexibility, we offer a refund policy that
allows for cancellations within three days of your purchase. It's crucial to note that "Pre-Market Pulse" does not
provide financial analysis or expert advice; our service is focused on consolidating and presenting the latest
market news. Your subscription to our services indicates your agreement to these terms. We reserve the right
to modify these terms at any time, and your continued engagement with "Pre-Market Pulse" reflects your
acceptance of any such changes.

Source:
Information sourced from Investing.com, Moneycontrol, and many other online publications.

Sharemarket IPO Guru 07