Today Market Prediction

FRIDAY 

28-MAR-2025

 

Nifty closed in green with above average volume- POI 23650

FLAT to POSITIVE

Today’s Market Prediction:

  • Indian stock market Would open FLAT
  • Technically, Nifty is in the Bearish zone- BankNifty is in the Bearish zone
  • Nifty index formed  a long bearish candlestick pattern on the daily charts.
  • India VIX fell by 1.26 percent to 13.30 levels.
  • SBI Life Insurance Company:The company has received an order from the Income Tax Department demanding a tax penalty of Rs 59.31 crore for the Assessment Year 2019-20.
  • Raymond:The National Company Law Tribunal, Mumbai (NCLT), has approved the Scheme of Arrangement between Raymond and Raymond Realty and their respective shareholders.
  • Jindal Steel & Power:The steel company has been declared the successful bidder for the Saradhapur Jalatap East coal block. It has signed the agreement for the Saradhapur Jalatap East coal block.

Stocks in NEWS:-

  • Zaggle Prepaid Ocean Services:The Board has approved the acquisition of a 45.33% stake in Effiasoft from existing shareholders Koushik Shee and Akula Krishna Rao for Rs 36.72 crore. The Board also considered the proposal for the acquisition of an additional 5.67% stake in Effiasoft from Koushik Shee and Akula Krishna Rao for Rs 4.59 crore.

  • Sandhar Technologies:The company has executed a Share Purchase Agreement with South Korea-based Jinyoung Electro-Mechanics Co. for the sale of its entire stake in the joint venture, Jinyoung Sandhar Mechatronics (JSM). 

  • Adani Green Energy:The company, through its various wholly owned stepdown subsidiaries, has operationalized 396.7 MW power projects at Khavda, Gujarat. With the commissioning of this plant, its total operational renewable generation capacity has increased to 13,487.8 MW.

  • Piramal Enterprises:The Board approved the issuance of non-convertible debentures up to Rs 100 crore (base issue size), along with a green shoe option to retain oversubscription of up to Rs 200 crore, aggregating the total issue size to Rs 300 crore, on a private placement basis.

  • Bharat Electronics:The company has secured additional orders worth Rs 1,385 crore since March 12. With these, it has now accumulated orders totaling Rs 18,415 crore in the current financial year.

  • UltraTech Cement:The cement major has commissioned a brownfield clinker capacity of 3.35 mtpa at its unit in Maihar, Madhya Pradesh. The second grinding mill is expected to be commissioned in Q1FY26. Further, it commissioned a brownfield expansion of the grinding unit at Dhule, Maharashtra, with a capacity of 1.2 mtpa, and a grinding unit of 0.60 mtpa at Durgapur, West Bengal.

  • Jio Financial Services:The company has subscribed to 8.5 crore equity shares of Jio Payments Bank for Rs 85 crore. This investment is made to fund the business operations of Jio Payments Bank. 

  • CESC:The Uttar Pradesh Electricity Regulatory Commission has approved the Power Purchase Agreement between Dhariwal Infrastructure and Noida Power Company, subsidiaries of CESC, for the supply of power with a contracted capacity of 25 Megawatt for three years, effective April 1.

  • DCM Shriram:The company has commissioned a 12 TDP integrated compressed biogas plant at its Ajbapur unit, with an investment of Rs 131.30 crore.

  • Aditya Birla Fashion and Retail:The National Company Law Tribunal (NCLT) has approved the Scheme of Arrangement among Aditya Birla Fashion and Retail, Aditya Birla Lifestyle Brands, and their respective shareholders and creditors.

  • Force Motors:The company has signed a contract for an order of 2,978 vehicles from the Indian Defence Forces.

  • Hindustan Aeronautics:The company has signed an amendment to the LCA Mk1 FOC contract dated December 23, 2010. The value of the contract has been revised upward from Rs 5,989.39 crore to Rs 6,542.20 crore due to a revision in the delivery schedule.

  • Hilton Metal Forging:The Board has approved the issuance of up to 90 lakh equity shares via Qualified Institutional Placement (QIP) in one or more tranches on a private placement basis.

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, climbed to 1.01 on March 27, against 0.92 in the previous session.

BULK Deals:Kesoram Industries,Resourceful Automobile etc. 

Stocks In F&O Ban Period:Nil

Results Today: Nil

GIFT NIFTY (Negative

23754    -6.50    -0.03

FII-DII: DIIs net buy shares worth Rs 2517.70 crore, FIIs net buy Rs 11111.25 crore.

NIFTY (23592) The support for the Nifty is: 23460-23405-23315 and the Resistance to the up move is at: 23640-23695-23785 levels.

BANKNIFTY (51576): The support for BankNifty is: 51195-51035-50785 and the Resistance to the up move is at 51700-51855-52110 levels.

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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


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