FRIDAY 

20-JUN-2025

 

Nifty index closed in indesicon with below 10 EMA-MACD continued negative crossover - POI: 24750

FLAT to NEGATIVE

Today’s Market Prediction:

• Indian stock market Would open FLAT
• Technically, Nifty is in the Bullish zone- BankNifty is in the Bullsh zone
• Nifty index formed a Doji-like candlestick pattern on the daily charts.
• India VIX fell by 0.14 percent to 14.26 levels.
• Container Corporation of India:The company has fixed July 4 as the record date for determining the eligibility of shareholders for issuance of bonus shares in the 1:4 ratio.
• Nestle India:The Board of Directors will meet on June 26 to consider the issue of bonus shares.
• Angel One:Devender Kumar has resigned from the position of Chief Revenue Officer-Direct Business. His last working day will be September 30.

Stocks in NEWS:-

• Sai Life Sciences:TPG Asia VII SF Pte is likely to sell 6% stake (1.25 crore shares) of the company via block deals. The deal size may be around $102 million, and the base price of the deal may be at Rs 710 per share.

• Kaynes Technology India:The company has launched its qualified institutions placement (QIP) on June 19, with a floor price at Rs 5,625.75 per share. the company is likely to raise up to Rs 1,600 crore via QIP.

• GMM Pfaudler:The company's subsidiary Pfaudler Normag Systems GmbH, Germany, has entered into a contract with a European-based customer for the design, engineering, and supply of complete end-to-end acid recovery equipment and systems. 

• Axiscades Technologies:The technology solutions provider has signed a strategic Memorandum of Understanding (MoU) with Aldoria, a European leader in Space Surveillance and Situational Awareness (SSA), to strengthen India’s burgeoning space capabilities.

• ITD Cementation India:The company has secured two new contracts worth Rs 960 crore. One is construction of various project works at Trivandrum International Airport in Kerala, and second is construction of multi-storied commercial building in Kolkata, West Bengal.

• Natco Pharma:After the conclusion of the inspection, the US Food and Drug Administration (FDA) has issued 7 observations in the Form-483, for company's pharma division in Kothur, Hyderabad. US FDA had conducted an inspection at the said division during June 9-19. 

• Brigade Enterprises:Brigade Group’s managed workspace brand, BuzzWorks, has expanded its presence in Hyderabad, signing a deal with Infor India for a 24,000 square feet workspace at Auro Orbit, HITEC City. 

• TD Power Systems:The company has received order valued at Rs 67 crore from leading multinational corporation for the supply of components for traction motors for export. Deliveries under this order are scheduled to be completed from January 2026 to December 2027.

• JSW Infrastructure:The company's subsidiary Jaigarh Port has signed a binding Memorandum of Understanding (MoU) with Konkan Railway Corporation for providing refundable & non lapsable security deposit for the construction and development of Bhoke Railway Siding (project) in Ratnagiri on the Konkan Railway route. The project will establish a railway access to Jaigarh Port, enabling the movement of various cargo types.

• Biocon:The biopharmaceutical company has closed its qualified institutions placement (QIP) issue on June 19, and finalised the allotment of 13.63 crore shares worth Rs 4,500 crore to investors at a price of Rs 330 per share. 

• United Spirits:The company will acquire 37,683 equity shares of Nao Spirits & Beverages from its existing shareholders, in two tranches, for Rs 53.80 crore, and subscribe to its fresh 31,820 equity shares and 27,577 compulsorily convertible preference shares (CCPS) for Rs 56 crore.

• Can Fin Homes:The Board of Directors will meet on June 25 to consider fund raising via issue of equity shares, and non-convertible debentures.

• Mastek:The digital engineering and cloud transformation partner has launched ADOPT.AI, a comprehensive suite of AI solutions and services aimed at accelerating AI innovation and driving enterprise-wide AI adoption.

Market Indication:-

Global: FLAT to NEGATIVE

NIFTY: FLAT to NEGATIVE

BANKNIFTY: FLAT to NEGATIVE

PCR:The Nifty Put-Call ratio (PCR), which indicates the mood of the market, spiked to 1.03 on June 19, compared to 0.80 in the previous session.

BULK Deals:Shankara Building Products,Digitide Solutions etc. 

Stocks In F&O Ban Period: Aditya Birla Fashion and Retail, Biocon, Central Depository Services, HUDCO, Manappuram Finance, RBL Bank, Titagarh Rail Systems

Results Today:Nil

GIFT NIFTY:  (Positive) 

24800     +12.50    +0.08

FII-DII: DIIs net buy shares worth Rs 365.68 crore, FIIs net buy Rs 1008.43 crore.

NIFTY (24293) The support for the Nifty is: 24745-24715-24665 and the Resistance to the up move is at: 24845-24875-24925 levels.

BANKNIFTY (55577): The support for BankNifty is: 55485-55375-55200 and the Resistance to the up move is at 55845-55955-56130 levels.

**********************************************************************************************************************************************************************

Note:

CHECK THE MARKET DIRECTION BEFORE YOU TRADE

WE ARE NOT ADVISORY or TIPS PROVIDERS
we are not SEBI registered . you may consult your Financial advisor before taking trade.
Our views are based on candlestick charts,patterns,Mathematical based calculation ( pivot)
we are not responsible for any profit/loss as views are for Educational/Observation Purpose
Maintain your daily risk as per your capital and risk management. daily risk should not cross more than 2 % of your Total capital . managing your risk is important in any kind of trading . If you are in direction of Profit then Trail your SL . without SL no trade. 

If you are Trading in Equity : then you may use this calculation for risk management
If Daily Risk in Equity is Rs. 250 and SL is of 5 points ( from entry point to SL point)  then Qty should be taken as per this Risk: 250/5 = Qty 50