WEDNESDAY 

17-SEP-2025

 

Nifty index closed bullish with negated LH-LL- structure-Respecting above 10-20 EMA-MACD sustained positive crossover-RSI around 60:-POI: 25265

FLAT to POSITIVE

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 long bullish candle on the daily charts
• India VIX fell by 1.20 percent to 10.27 levels.
• Apollo Tyres:Apollo Tyres has been announced as the lead sponsor of the Indian Cricket Team under a 3-year strategic partnership with the Board of Control for Cricket in India (BCCI).
• Aditya Birla Fashion and Retail:The company has launched a new retail brand OWND, replacing Style Up. Existing Style Up stores will be converted into OWND stores, with a plan to expand to 100 stores by FY-end.
• HCL Technologies:HCLSoftware has launched HCL Unica+, an AI-first MarTech platform in India, to enable businesses to deliver hyper-personalized, data-driven marketing at scale.

Stocks in NEWS:-

• Jindal Steel:Naveen Jindal-owned Jindal Steel’s overseas subsidiary, Jindal Steel International, has entered talks with German conglomerate thyssenkrupp AG to potentially acquire its European steel business, thyssenkrupp Steel Europe.

• Akzo Nobel India:CCI has approved the acquisition of up to 75% stake in Akzo Nobel India by JSW Paints, via a share purchase agreement and mandatory open offer.

• Angel One:Angel One has incorporated an associate company, Angel One Livwell Life Insurance, in collaboration with LivWell Holding Company Pte, marking its entry into the life insurance business. The company will invest Rs 104 crore to hold a 26% equity stake in the new venture.

• RailTel Corporation of India:RailTel has received a work order worth Rs 105.74 crore from the State Project Director, Bihar Education Project Council (BEPC) for procurement, supply, and installation of smart classrooms/KGBVs in Bihar.

• Lupin:The US FDA conducted an inspection at Lupin's Nagpur injectable facility between September 8–16, concluding the inspection with six observations.

• Coal India:Coal India has been declared the preferred bidder by the Ministry of Mines for the Ontillu-Chandragiri REE (Rare Earth Element) exploration block. The exploration license deed will be executed within one year of the Letter of Intent issuance by the respective state governments.

• Tech Mahindra:Life Insurance Corporation of India has increased its stake in Tech Mahindra by 2.004%, raising its holding from 8.836% to 10.84%.

• Dr Reddy's Laboratories:The company announced the launch of the novel molecule Tegoprazan under the brand name PCAB, for the treatment of acid-related gastrointestinal diseases in India.

• Mahindra Lifespace Developers:Mahindra Lifespace has been selected as the partner for the redevelopment of two housing societies in Chembur, Mumbai. The project has an estimated combined gross development potential of Rs 1,700 crore.

• Bharat Electronics (BEL):BEL has secured additional orders worth Rs 712 crore since September 1, including for IT infrastructure & cybersecurity solutions, ESM systems, blockchain platform, communication equipment, spares, and services.

• TVS Holdings:The board will meet on September 22 to consider the issuance of cumulative non-convertible redeemable preference shares via bonus to shareholders.

• Amber Enterprises India:Amber Enterprises has launched its Qualified Institutional Placement (QIP) issue on September 16, with a floor price of Rs 7,790.88 per share.

• NLC India:NLC India has received a Letter of Intent (LoI) from the Government of Chhattisgarh for two blocks: Semhardih Phosphorite & Limestone and Raipura Phosphorite & Limestone, located in Balod district.

• SJS Enterprises:SJS Enterprises has signed a Memorandum of Understanding (MoU) with BOE Varitronix (BOEVX), Hong Kong, for collaborative manufacturing of automotive displays in India.

• Premier Explosives:Telangana Pollution Control Board has issued a Revocation of Closure order for Premier Explosives’ Katepally factory, approving the resumption of production activities.

Market Indication:-

Global:FLAT to POSITIVE

NIFTY:FLAT to POSITIVE

BANKNIFTY:FLAT to POSITIVE

PCR:The Nifty Put-Call ratio (PCR), which indicates the mood of the market, jumped to 1.29 on September 16, compared to 1.08 in the previous session.

BULK Deals:Star Health & Allied Insurance Company,Carraro India etc. 

Stocks In F&O Ban Period:Angel One,HFCL,Oracle Financial Services Software,RBL Bank

Results Today: Nil

GIFT NIFTY:  (Positive) 

25383     +46.50     +0.18

FII-DII: DIIs net buy shares worth Rs 1352 crore, FIIs net buy Rs 600 crore.

NIFTY (25239) The support for the Nifty is: 25115-25070-25000 and the Resistance to the up move is at: 25265-25310-25380 levels.

BANKNIFTY (55148): The support for BankNifty is: 54880-54785-54630 and the Resistance to the up move is at 55195-55290-55445 levels.

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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)
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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