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Stock market bank nifty today

Nifty Bank strategy

By Adarsh Published 3 years ago 6 min read
TRADE WITH ANALYSIS INDIA

Reliance Industries Limited, formerly Reliance Industries Limited (RIL), is an Indian multinational energy and chemicals company headquartered in Mumbai, Maharashtra. It is a conglomerate with interests in refining, petrochemicals, power generation and transmission, textiles, retail and financial services.



Reliance Industries, India's largest private sector company, has reported a 4.8 per cent rise in its net profit to Rs 10,362 crore for the quarter ended December 31, 2015. The company had posted a net profit of Rs 9,901 crore in the corresponding quarter of the previous fiscal.



Revenues for the quarter under review rose by 5.6 per cent to Rs 1,16,956 crore, compared to Rs 1,10,805 crore in the year-ago period.



The company's gross refining margin (GRM) for the quarter was $10.9 per barrel, up from $10 per barrel in the previous quarter.



The company's board has also recommended a final dividend of Rs 13 per share for the financial year ended March 31, 2016.



"The company continues to focus on value creation through a three-pronged strategy of growth in its core businesses, investment in new growth engines and monetisation of non-core

Reliance Industries Limited is a group of companies that are involved in the refining and marketing of petroleum products. The company has been operating since 1932, and it has grown to become one of the largest companies in India. The company has interests in oil exploration and production as well as petrochemicals, natural gas processing, trading, refining, distribution and marketing.

It also owns assets such as terminals, storage facilities and power plants.



Reliance Industries Ltd. (NYSE: Reliance) is a diversified business conglomerate in India. It is one of the largest private sector enterprises in India, with revenues of $44 billion in FY19. The company has significant interests in petrochemicals, aluminum, power, textiles and financial services.

With a strong focus on growth through organic expansion and acquisition, Reliance has created value for its shareholders by investing in core businesses with high potential and developing new areas of growth.

Reliance Industries Limited (RIL) is one of the largest diversified groups in India. It has been consistently ranked among the top three companies in various industries, including energy, and information technology.

RIL has a diverse range of businesses including oil & gas, refining, petrochemicals, chemicals and fertilizers production, telecommunications and financial services.



According to a report by Credit Suisse Securities (India) Pvt. Ltd., India's largest brokerage house, Reliance Industries was ranked at the top spot in 'Best Performing Large Cap Companies' list in FY2021-22 with an impressive return of 24%.



The company's other major brands include Reliance Jio Infocomm Ltd., Reliance Retail Ltd., Reliance Infrastructure Ltd., Reliance ADAG Group as well as other subsidiaries such as Chanels' Retail Limited (CRL).had
Global Negative

FII Neutral

DII Positive

F&O Neutral

Sentiment Positive

Trend Positive



Maintain Longs with Stop loss of 18450 and 43500 on Nifty and BankNifty on closing base

Keep Target 18900- 19000 on Nifty and 45000 on BankNifty

Nifty support zone 18500- 18625, Below that 18455- 18520 Strong Buy zone

Nifty advanced zone 18750- 18720, Above that 18770- 18820Profit booking zone



Bank Nifty support zone 43700- 43775, Below that 43500- 43650 Strong Buy zone

Bank Nifty advanced zone 44150- 44300, Above that 44375- 44450 Profit booking zone

Bank Nifty support zone 43700- 43775, Below that 43500- 43650 Strong Buy zone

Bank Nifty advanced zone 44150- 44300, Above that 44375- 44450 Profit booking zone



Nifty support situations 18615, 18575, 18550, 18525, 18500, 18450

Nifty advanced situations 18700, 18725, 18775, 18800, 18820

Bank Nifty support situations 43975, 43850, 43775, 43700, 43650, 43600, 43500

Bank Nifty advanced situations 44150, 44300, 44375, 44450, 44500



FIIs Index Long at 59 Vs 61

PCR at1.02 Vs1.05

Bank Nifty PCR at1.2 Vs1.41

India VIX unchanged at12.89



For Being Long Positions

Nifty Intraday n ending SL 18500

Bank Nifty Intraday SL 43700 n ending SL 43500



For Being Short Positions

Nifty Intraday n ending SL 18725

Bank Nifty Intraday n ending SL 44150



For New Positions

Buy Nifty in 18500- 18575 range

SL 18375Tgt 18650, 18620, 18645, 18725, 18750

Nifty in 18750- 18825 range

SL 18925Tgt 18625, 18625, 18570, 18525, 18520, 18450



For New Positions

Buy Bank Nifty in 43625- 43750 range

SL 43485Tgt 43825, 43925, 44025, 44075, 44200



Aggressive Dealers Buy Bank Nifty

Strict SL 43725 Tgt 44175, 44230, 44325, 44300, 44475



Aggressive Dealers vend Bank Nifty near 44525

Strict Stop loss 44625 Tgt up to 44125
F&O Ban Update

Out Of Ban Nil

formerly In Ban GNFC, BHEL, Delta Corp

New In Ban IB HSG FIN

Follow us for daily stock market bank nifty strategy

The Indian stock markets are on a roll with the Bank Nifty index breaching the 30,000-mark for the first time ever. The rally was led by heavy buying in banking and financial stocks.



The Bank Nifty index surged over 500 points in early trade to hit a record high of 30,042.35. The index had opened at 29,541.15 and was trading above the 30,000-mark for the first time ever.



At 10:15 am, the Bank Nifty index was trading at 29,974.15, up 486.20 points or 1.65 per cent. The index had hit an intra-day high of 30,042.35 and a low of 29,541.15.



The benchmark BSE Sensex was up over 200 points in early trade. The Sensex was trading at 31,853.04, up 222.83 points or 0.70 per cent. The index hadF&O Ban Update

Out Of Ban Nil

formerly In Ban GNFC, BHEL, Delta Corp

New In Ban IB HSG FIN

Follow us for daily stock market bank nifty strategy

The Indian stock markets are on a roll with the Bank Nifty index breaching the 30,000-mark for the first time ever. The rally was led by heavy buying in banking and financial stocks.



The Bank Nifty index surged over 500 points in early trade to hit a record high of 30,042.35. The index had opened at 29,541.15 and was trading above the 30,000-mark for the first time ever.



At 10:15 am, the Bank Nifty index was trading at 29,974.15, up 486.20 points or 1.65 per cent. The index had hit an intra-day high of 30,042.35 and a low of 29,541.15.



The benchmark BSE Sensex was up over 200 points in early trade. The Sensex was trading at 31,853.04, up 222.83 points or 0.70 per cent. The index hadad
The Indian Stock Market Sensex are trading at 29,836.44 as of 11:00 AM (IST) on 20th August 2019. The market is up by 0.31%.

The Indian stock market is open for trading today. The Sensex index is expected to open at 27,958 points.

The Indian stock market continued its upward trend today with the Sensex crossing the 44,000 mark for the first time ever. The index hit an intraday high of 44,069.93 points, before closing at 43,962.71 points, up 0.55% from the previous close. The Nifty also ended at a record high, closing at 12,938.40 points, up 0.54% from the previous close.



The rally was driven by positive global cues as well as positive domestic news. On the global front, US stock markets hit new record highs on the back of strong economic data. The US economy added 1.37 million jobs in August, beating expectations. This was the fifth consecutive month of job gains and the unemployment rate fell to 8.4%.



On the domestic front, the government announced a series of measures to boost the economy. These include a ₹20 lakh crore stimulus package, 100% FDI in several sectors



The Sensex has risen by nearly 700 points in the past week amid strong economic cues from government and corporate data.

Sensex opens with a dip, but manages to end higher.



The Sensex opened with a decline of 0.3% to close at 32,824.86 points, breaking a three-day winning streak.



The Nifty50 opened at 10,921.15 points and closed at 10,935.05 points . The NSE's 50-share BSE Midcap Index was down 1.58 points or 0.06% on the day.



Meanwhile, the Sensex has gained 1.28% since it hit an all-time high of 35,000 on January 27, 2019 . The benchmark index has gained 2.57% over the past month, while the BSE Top 100 has advanced 3.57%.



The markets in Asia were mixed today as investors awaited developments from an EU summit that could have implications for global trade and trade policy issues including US President Donald Trump's tariffs against China and India's retaliatory tariffs on $5 billion worth of American goods like almonds and apples

The market today has been trading in a range. The Sensex is trading at 33,908 points and the Nifty at 8,744 points.

A fall in Indian stocks is a possibility because of an oversold condition. There are many reasons why Indian stocks are not performing well and investors should watch out for these reasons before investing in them.



The Sensex has been trading in a narrow range for the past few days, which means that there have been no significant changes in the price movements of the stocks. This could be due to some traders sitting on their hands waiting for better prices or some small investors selling off their shares as they think that the market will continue to fall further. It could also be due to some large investors buying more shares saying that the prices may go up soon or just because they want to own a lot of stocks before selling them later at higher prices.



Foreign institutional investors (FIIs) have started showing interest in buying shares again after taking profits during the last quarter. They bought around $500 million worth of Indian stocks during March quarter from January till March 2019 (Q1 FY20).

However, FIIs are mostly buying into midcap companies which are not doing well right now because they are dealing with issues like low profit margins


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