January 12, 2024

January 12, 2024

- 19 + 1607
21716 + 22
-3 - 865
+ 373
+ 87

Results: HCL Tech, Wipro, HDFC Life, Tata Metaliks, Just Dial,
etc...
 January 12, 2024
WEEKLY TRACKER : KEY CORPORATE ACTION

Company Name Ex Date Record Date Purpose Remarks

Newgen Software Technologies Ltd 12-Jan-24 12-Jan-24 Bonus issue 1:1

Skipper Ltd 12-Jan-24 12-Jan-24 Right Issue of Equity Shares

SUKHJIT STARCH & CHEMICALS LTD.-$ 15-Jan-24 15-Jan-24 Interim Dividend - Rs. - 8

TATA COFFEE LTD. 15-Jan-24 15-Jan-24 Amalgamation

TATA COFFEE LTD. 15-Jan-24 15-Jan-24 Spin Off

Source – BSE INDIA

 January 12, 2024

TCS CMP (3736) TATA CONSUMER CMP (1119)

Management said that strong deal momentum Tata Consumer set to acquire
across markets resulting in a solid order book Capital Foods, Organic India
providing visibility into our long-term growth.

POSITIVE POSITIVE
3710 3760 | 3790 1100 1150 | 1180

TATA POWER CMP (357)

GUJARAT GAS CMP (541) Company signs accord for renewable HG INFRA CMP (885)
Spot JKM LNG FEB contract at $11.2/mmbtu energy projects of Rs 70000 crore Company declared L-1 bidder for project
But Futures - Mar 2024 contract at $10.4 with Gujarat government worth Rs 716 crore by Central Railway
This suggest weakness in LNG prices, while
on the other hand Propane prices remain
firm Dual Tailwind - Volume and Margin for
Gujarat Gas

POSITIVE POSITIVE
POSITIVE
530 560 | 580 345 375 | 390
870 905 | 920
 JUNE 12, 2023
January 12, 2024

Tata Consultancy Services : Earnings beat.. Buy with Target price of Rs.4200.

.
.

MASTEK 2746 BUY 3235 18%

KOTAK BANK 1823 BUY 2250 23%

KAJARIA CERAMICS 1373 BUY 1600 17%

BEL 184 BUY 210 14%

ITC 463 BUY 515 11%

 January 12, 2024

(CMP 21647.20) (CMP 47438.35)

Short term trend Positive Short term trend Positive

Upper Boundary – 22000 Upper Boundary - 49500
Lower Boundary – 21000 Lower Boundary - 47000

21550 21400 47200 47000

21800 21850 48000 48200

Buy Above 21730 with a stop loss of 21550 tgt Buy Above 47700 with a sl of 47200 tgt 48000/48200
21800/21850

1. HDFCAMC 2. GUJGASLTD 1. POLYCAB 2. BHEL

 January 12, 2024

TECHNICAL VIEW

FINNIFTY (CMP – 21249.20) Nifty Midcap Select (CMP – 10457.50)

Short-term Trend Positive Short-term Trend; Positive

Upper Boundary - 22000 Upper Boundary – 10800

Lower Boundary – 20800 Lower Boundary - 9800

S1: 21100 S2: 21000 S1: 10400 S2: 10300

R1: 21500 R2: 21600 R1: 10550 R2: 10600

Strategy for the Day Strategy for the Day

Buy Above 21400 with a sl of 21100 tgt Buy above 10500 with a sl of 10400 tgt 10600
21500/21600
 January 12, 2024

View
Rs.74.52 Cr.
HEROMOTOCO Positive 4336 4430 4280
21697 47618 Rs. -76149 Cr.
VOLTAS Positive 1058 1075 1045
0.73 0.80 Rs. 1667 Cr.
HINDPETRO Positive 447 458 441
21700 47500 Rs. -416 Cr.
PETRONET Negative 231 225 234
21000 45000 Rs. -74824 Cr
HINDUNILVR Negative 2548 2490 2575

Bandhan Bank, BHEL, Delta Corp , Escorts , 22109

HINDCOPPER, INDIACEM, INDUSTOWER, National
Alum, PEL ,POLYCAB, PVRINOX, SAIL, ZEEL 21291
 January 12, 2024

Strategy for the day

Date : 12-01-2024
VIEW RANGE BOUND
EXPIRY : 18-01-2024
DELTA
IRONNEUTRAL
BUTTERFLY
NIFTY
SYMBOL STRIKE TYPE BUY/SELL PREMIUM
NIFTY 21300 PE BUY 32
NIFTY 21600 CE SELL 167
NIFTY 21600 PE SELL 112
NIFTY 21900 CE BUY 45
MARGIN APPROX (Rs) 65000
TOTAL INFLOW PER LOT (Rs) 10100
MAX GAIN /LOSS 10100 50 POINTS
TIMEFRAME INTRADAY
BREAKEVEN 21400 - 21800

KEY POINTS
1. STOP LOSS WOULD B E INFOM RED
2. KINDLY EXECUTE THE TRA DE IN A LL LEGS
3. WHILE
EXECUTING
January 12, 2024