FRIDAY 

30-MAY-2025

 

Nifty managed to close above key EMA and midline of Bollinger band.RSI at 55- POI: 24775

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 Doji candlestick pattern on the daily charts.
• India VIX fell by 8.86 percent to 16.42 levels.
• NLC India:The company's subsidiary NLC India Renewables has signed a Joint Venture agreement with Mahatma Phule Renewable Energy & Infra Technology (MAHAPREIT) to accelerate renewable energy in Maharashtra. They will develop 2,000 MW of renewable energy projects.
• InterGlobe Aviation:BNP Paribas Financial Markets acquired 46,000 equity shares in the airline company at an average price of Rs 5,246.35 per share, from Morgan Stanley Asia (Singapore) Pte.

Stocks in NEWS:-

• NLC India:The company's subsidiary NLC India Renewables has signed a Joint Venture agreement with Mahatma Phule Renewable Energy & Infra Technology (MAHAPREIT) to accelerate renewable energy in Maharashtra. They will develop 2,000 MW of renewable energy projects

• Harsha Engineers International:DSP Mutual Fund has acquired 4.64 lakh shares (representing 0.5 percent stake) in the company at an average price of Rs 383 per share.

• IFB Agro Industries:India Opportunities Growth Fund - Pinewood Strategy bought 50,000 shares (or 0.53 percent equity) at an average price of Rs 688.09 per share.

   

• RITES:The company has entered into a Memorandum of Understanding (MoU) with Shree Cement for the development of rail infrastructure and allied services.
• Aurobindo Pharma:Curateq Biologics, a wholly owned subsidiary of the company, has incorporated a new wholly owned subsidiary in the Netherlands, named CuraTeQ Biologics B.V., to expand its biopharma products business in Europe.

• Dabur India:The Board has approved the amalgamation of Sesa Care with the company. The scheme is subject to the approval of BSE, the National Stock Exchange of India, the Securities and Exchange Board of India, the jurisdictional National Company Law Tribunal (NCLT) bench, and the shareholders.

• Cartrade Tech:First Sentier Investors ICVC-SI Indian Subcontinent Sustainability Fund acquired 2.96 lakh shares in the company at an average price of Rs 1,638.39 per share.

• Gravita India:Promoter Rajat Agrawal sold 25 lakh shares in the company at an average price of Rs 1,991.52 per share. Meanwhile, Motilal Oswal Asset Management Company - NTDOP (PMS) bought 7.33 lakh shares at an average price of Rs 1,991 per share.

• Interarch Building Solutions:Eam Emerging Markets Small Cap Fund LP acquired 92,821 shares in the company at an average price of Rs 2,147.42 per share.

• IndusInd Bank:SEBI has barred former IndusInd Bank MD & CEO Sumant Kathpalia, former Deputy CEO Arun Khurana, and three other former senior officials of the bank—Sushant Sourav (Head, Treasury Operations), Rohan Jethanna (Head, GMG Operations), and Anil Marco Rao (Chief Administrative Officer, Consumer Banking Operations)—for alleged insider trading. All of them have been restrained from buying, selling, or dealing in securities

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, rose to 0.86 on May 29, from 0.76 in the previous session.

BULK Deals:Harsha Engineers International,IFB Agro Industriesetc. 

Stocks In F&O Ban Period:Nil

Results Today:Apollo Hospitals Enterprise, FSN E-Commerce Ventures Nykaa, AstraZeneca Pharma India, IVRCL, Jindal Poly Films, PNC Infratech, SML Isuzu, Swan Energy, and Vivimed Labs

GIFT NIFTY:  (Positive) 

24948     +11.00    +0.04

FII-DII: DIIs net buy shares worth Rs 4286.50 crore, FIIs net buy Rs 884.03 crore.

NIFTY (24834) The support for the Nifty is: 24720-24670-24585 and the Resistance to the up move is at: 24885-24935-25015 levels.

BANKNIFTY (55546): The support for BankNifty is: 55215-55050-54780 and the Resistance to the up move is at 55735-55900-56165 levels.

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Note:

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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)
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