Nifty 17196.7 (-1.18%)
Sensex 57696.46 (-1.31%)
Nifty Bank 36197.15 (-0.85%)
Nifty IT 35848.05 (-0.86%)
Nifty Financial Services 17779.5 (-1.13%)
Adani Ports 737.45 (-0.22%)
Asian Paints 3110.45 (-2.21%)
Axis Bank 673.00 (-0.46%)
B P C L 385.90 (1.86%)
Bajaj Auto 3287.85 (-1.22%)
Bajaj Finance 7069.25 (-1.55%)
Bajaj Finserv 17488.70 (-1.52%)
Bharti Airtel 718.35 (-1.94%)
Britannia Inds. 3553.75 (-0.69%)
Cipla 912.05 (-1.00%)
Coal India 159.75 (0.28%)
Divis Lab. 4757.05 (-0.42%)
Dr Reddys Labs 4596.50 (-1.42%)
Eicher Motors 2455.55 (0.16%)
Grasim Inds 1703.90 (-1.16%)
H D F C 2771.65 (-1.29%)
HCL Technologies 1171.40 (-1.12%)
HDFC Bank 1513.55 (-0.80%)
HDFC Life Insur. 690.95 (-2.03%)
Hero Motocorp 2462.45 (-0.41%)
Hind. Unilever 2343.65 (-1.66%)
Hindalco Inds. 424.65 (-1.72%)
I O C L 122.20 (1.28%)
ICICI Bank 716.30 (-0.84%)
IndusInd Bank 951.15 (0.59%)
Infosys 1735.55 (-0.73%)
ITC 221.65 (-1.69%)
JSW Steel 644.55 (-0.34%)
Kotak Mah. Bank 1914.20 (-2.55%)
Larsen & Toubro 1801.25 (0.67%)
M & M 836.95 (-1.48%)
Maruti Suzuki 7208.70 (-1.59%)
Nestle India 19321.35 (-0.93%)
NTPC 127.00 (-1.32%)
O N G C 145.90 (1.32%)
Power Grid Corpn 206.10 (-3.92%)
Reliance Industr 2408.25 (-3.00%)
SBI Life Insuran 1165.95 (-1.86%)
Shree Cement 25914.05 (-1.43%)
St Bk of India 473.15 (-0.81%)
Sun Pharma.Inds. 751.80 (-1.89%)
Tata Consumer 774.30 (0.14%)
Tata Motors 480.10 (0.21%)
Tata Steel 1118.00 (0.50%)
TCS 3640.45 (-0.07%)
Tech Mahindra 1593.30 (-2.23%)
Titan Company 2369.25 (-0.72%)
UltraTech Cem. 7332.45 (0.13%)
UPL 712.75 (2.08%)
Wipro 640.75 (-0.94%)

Top swing trading ideas you should not miss!

Top swing trading ideas you should not miss!
by 5paisa Research Team 16/11/2021

Best Swing Trading ideas based on price and volume percentage surge. CAMS, Spice Jet and Ingersoll-Rand India.

Price and volume are two of the most prominent inputs used by traders across the world while swing trading. When used in isolation, they reveal very little but when used in conjunction, they help us to sort the wheat from the chaff. So, this swing trading system is based on the deadly combination of price and volume percentage surge, which helps us to discover high probability swing-trading candidates.

So, here is the list of stocks that fulfil the criteria of volume and price surge and as a result, they flash in our swing-trading system:

CAMS: The stock of CAMS surged 5.26% in the Tuesday trading session. CAMS bottomed out at 3000 and consolidated for a very long time before breaking out today. It formed a strong green candle on the chart with a bigger volume which was well above its 10-day and 30-day daily average volume. The stock looks to cross its 50 and 100-DMA which are placed above it. RSI is going strong at 58 showing strength. The stock looks to gain momentum and is an ideal candidate for swing trade. Traders must include this stock in their watchlists for upcoming days.

Spice Jet: This aviation company rose a massive 9.68% on Tuesday. It closed above all its key moving averages showing super bullish strength. Today, larger volumes were witnessed after a very long time. The RSI jumped to 62 showing that the stock has gained some strength. The stock looks for a new trend and this might be the beginning. Swing Traders should closely watch this stock for quick profits.

Ingersoll-Rand India: This stock zoomed 9.55% in Tuesday’s trading session. The stock tested its all-time high levels yet again and witnessed higher volumes today and could possibly see a breakout from here on. RSI is positioned at 65. The stock looks technically strong, and with higher volumes, it can finally break its all-time high level. Considering its strong price action, traders must include this stock in their watchlist for upcoming days. Looks attractive for swing trading.

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Trending stocks: Keep a close eye on these smallcap stocks for 17 November

Trending stocks: Keep a close eye on these smallcap stocks for 17 November
by 5paisa Research Team 16/11/2021

The Nifty Smallcap 100 index climbed 0.5% to end at 11,205.35.

Indian equity markets saw a correction on Tuesday as frontline indices Nifty and Sensex closed the session with losses of 0.61% and 0.65% respectively. The Nifty Smallcap 100 index climbed 0.5% to end at 11,205.35.

Keep a close eye on these trending smallcap stocks for Wednesday, 17 November 2021: 

Lumax Industries – The company recently announced its unaudited financial results for the quarter and half year ended September 30, 2021. Consolidated revenue for Q2FY22 stood at Rs 453 crore, exhibiting a growth of 14% on a YoY basis, better than industry growth. EBITDA margins came in at 9.1% for Q2FY22. Profit After Tax (PAT) margin after the share of associate stood at 3.4% for Q2FY22 relative to 1.8% in Q2FY21.

The share of LED lighting stands at 34% of the company’s total revenues, while conventional lighting stands at 66%, for H1 FY22. The product mix for H1FY22 as a percentage of total revenue stood at 64% for front lighting, 26% for rear lighting and 10% for others. The segment mix for H1FY22 as a percentage of total revenues stood at 64% for passenger vehicles, 29% for two-wheelers and 7% for commercial vehicles.

The company has also received a Letter of Intent (LOI) for the first maker layout for the HVAC panel from one of the OEM’s, the SOP of which is expected in FY24. They have also added two new customers to its portfolio namely Matter Motors on EV platform (SOP FY23) and PSA (SOP FY24).

BCPL Railway Infrastructure – The company has announced that it has successfully bagged an order from Central Organization for Railway Electrification, Prayagraj, Uttar Pradesh, India. This order has been received for the work of “Design, Supply, Erection, Testing & Commissioning of 25 kV, 50 Hz, Single Phase, AC, Electrification Works including OHE Electrical Work" in Hospet (Excl.) - Swamihalli (incl.) Section, Gr.300 of Hubballi Division of South Western Railway under RE Project Bangaluru. The total project cost comprises Rs 18 crore.

52-week High Stocks - The following smallcap stocks have made a fresh 52-week high today – Acrysil Limited, Olectra Greentech, Jindal Poly Investment and Finance Company, Sigachi Industries, Goldstone Technologies and Art Nirman. Keep a close eye on these counters on Wednesday, 17 November 2021.

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Closing Bell: Nifty ends below 18000, Sensex falls by 396 points

Closing Bell: Nifty ends below 18000, Sensex falls by 396 points
by 5paisa Research Team 16/11/2021

On Tuesday, weakness in consumer and pharmaceutical shares pulled the headline indices lower, but gains in automobile and IT securities prevented further losses.

Domestic equity benchmarks fell on Tuesday due to selling pressure in index heavyweights like ICICI Bank, Reliance Industries, HDFC twins, ITC, State Bank of India and Axis Bank. During today's trading session, the Sensex fell as much as 519 points and Nifty 50 index slipped below the important psychological level of 18,000. The rising wholesale inflation has let down investors sentiment according to market experts.

At the closing bell on Tuesday, the Sensex closed down by 396.3 points or 0.7% at 60,322.4 and the broader Nifty 50 benchmark slipped below to settle at 17,999.2, down 110.3 points or 0.6% from its previous close.

Top losers on the NIFTY 50 index were Shree Cements, Reliance Industries, Hindalco Industries, Tata Consumer Products and SBI. Top gainers on Tuesday were Maruti Suzuki, M&M, Tata Motors, Hero MotoCorp and Tech Mahindra. 

On a sectoral basis, the PSU Bank index shed 2%, while Nifty Bank, Energy and Pharma indices closed down 1% each. Outperformer for the day was the Auto index which gained over 2%. In the broader markets, the BSE midcap index was down 0.22%, while the smallcap index ended with marginal gains.

In the news today was India's annual wholesale price-based inflation which in October accelerated to a five-month high of 12.54% from September's 10.66%. It was pushed up by higher increases in fuel and manufacturing prices, according to government data.

Among the trending stock of the day was Mumbai-based real estate developer Macrotech Developers which zoomed by 12.5% to hit a record high of Rs 1,443.60.

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These stocks see huge volume burst in the last leg of the trading session!

These stocks see huge volume burst in the last leg of the trading session!
by 5paisa Research Team 16/11/2021

Indus Towers, KNR Constructions, and Laxmi Organic industries have witnessed volume burst in the last 75 minutes of the trade.

As the saying goes, the first and the last hour of each trading session is the most important and active in terms of price and volume. More so, the activity in the last hour is said to be of utmost importance because most of the pro traders and institutions are active at this time. Hence, when a stock sees a good spike in volume in the last leg of trade along with price rise it is said to be the pro and institutions have a keen interest in the stock. Market participants should keep a close watch on these stocks as they can witness good momentum in the short-medium term.

So, based on this principle we have shortlisted three stocks, which have witnessed volume burst in the last leg of trade along with price rise.

Indus Towers: Indus Towers gained a decent 1.88% on Tuesday. The stock traded flat throughout the day and in the last 75 minutes witnessed an up move of about 2% before retracing a little. More than 50% of the total volume was traded in the last 75 minutes. The stock looks for a breakout from a narrow range and thus, traders should closely watch for this stock.

KNR Constructions:  The stock rose as much as 5.32% on the trading session that ended Tuesday. The shares traded flat throughout the day but witnessed an amazing rally towards the end of the session gaining about 4% in the last 75 minutes. It looks to break its falling wedge pattern on the upside and one can expect good trades in times to come.

Laxmi Organics Industries: The stock rose 4.73% on Tuesday and looks to bottom out near 410 as a bounce-back was witnessed. The stock traded firmly in green throughout the day, and volumes kept on rising as the session progressed. Bulls looked interested in the stock as it kept on rising. The last 75 minutes witnessed good volumes and will be quite active for times to come. It is currently trading near its 20_DMA and we can witness a good rally if it breaks this short-term resistance.

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Maruti Suzuki outperforms Sensex by driving on opposite lanes of the index

Maruti Suzuki outperforms Sensex by driving on opposite lanes of the index
by 5paisa Research Team 16/11/2021

The carmaker has created the buzz by hitting the top gainers list.

Maruti Suzuki India has proved why it is called one of the giants in the automotive sector. The stock may not be the multibagger, but today it has shown why it is a reliable stock especially when the markets are down. The stock today rallied by a whopping 7.3%, outperforming all other stocks in Sensex, making it one of the trending companies today on the BSE.

The company has been trending for the past few days. While Tata Motors is leading the race in the buzzing EV space, Maruti Suzuki is backing CNG based vehicles. The company had sold 1.62 lakh units of CNG cars last year. The management expects this sales number to double in the current fiscal 2022. The company is focusing on a rapid expansion of CNG dispensing outlets to add efficiency and convenience to CNG cars.

Another big news for this buzzing stock has been the approval from the Haryana state chief minister for setting up a new production plant spread across 900 acres. The auto company already has two manufacturing units in Haryana. The company also has announced the opening for booking for its high mileage car, the all-new Celerio. The new car launch is expected to boost the compact segment of the company.

The sales numbers were reasonably good for the month of October. In the sectoral slowdown where the shortage of electric components has affected the sales, it sold 1,38,335 units in October 2021. It achieved its highest ever monthly sales exports of about 21,322 units.

The stock has created the buzz as it is up for three straight trading sessions. The stock has a 52-week high of Rs 8400 and a 52-week low of Rs 6301.20. It closed at Rs 8049.65, up by 7.3% as of 16 November 2021 on the BSE.

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Penny Stock Update: These stocks gained up to 10.00% on Tuesday

Penny Stock Update: These stocks gained up to 10.00% on Tuesday
by 5paisa Research Team 16/11/2021

 On Tuesday, the Indian equity market closed in negative. BSE Auto index is the top gainer whereas the BSE Energy index is the top loser in today’s trade.

After the first trading day of the week being volatile, today the Indian equity market was closed on a negative note.

Today Nifty 50 and BSE Sensex indices closed in negative down by 110.25 points i.e., 0.61% and 396.34 points i.e., 0.65% respectively. Stocks pulling the BSE Sensex and Nifty 50 index up were Maruti Suzuki, M&M, Tech Mahindra and Infosys. Whereas, stocks that dragged the BSE Sensex and Nifty 50 down were Reliance Industries, ICICI Bank, HDFC and SBI. After the weekend, on Monday the BSE Sensex and Nifty 50 index opened up by 0.06% and 0.09% from the previous close.

In Tuesday's trading session the S&P BSE Auto, S&P BSE Consumer Discretionary Goods & Services, S&P BSE Capital Goods and S&P BSE Information Technology were top gainers. BSE Auto index consisting of stocks such as Maruti Suzuki India Ltd, Motherson Sumi Systems Ltd, Mahindra & Mahindra Ltd and Tata Motors Ltd are the top gainers.

Among the sectoral indices, S&P BSE Energy, S&P BSE Oil & Gas, S&P BSE Enhanced Value Index and S&P BSE PSU were top losers. BSE Energy consists of stocks such as Savita Oil Technologies Ltd, Hindustan Petroleum Corporation Ltd, Reliance Industries Ltd and Jindal Drilling and Industries Ltd.

Here is the list of penny stock that gained up to 10.00% on a closing basis on Tuesday, November 16, 2021: 

Sr No.                

Stock                

LTP                 

Price Gain%                

1.                

Manugraph India Ltd.  

15.25  

9.71  

2.                

Sel Manufacturing Company Ltd  

9.75  

9.55  

3.                

Sanwaria Consumer Ltd  

0.65  

8.33  

4.                

JIK Industries Ltd  

0.80  

6.67  

5.                

Neueon Towers Ltd  

2.10  

5.00  

6.                

Sintex Plastics Technology Ltd  

10.50  

5.00  

7.                

Orient Green Power Company Ltd  

6.40  

4.92  

8.                

Cinevista Ltd  

18.15  

4.91  

9.                

Compucom Software Ltd  

16.05  

4.90  

10.                

Lloyds Steels Industries Ltd  

8.70  

4.82  

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