📢 5 STEPS TOWARDS WEALTH 🚀 The Indian Stock Market Way
Schedule: Daily Nifty 10th March 2025 Monday
Nifty Indices view
Corporate Results
Corporate Offers
Corporate Listings
Insider Stories (Big Fish activity)
Events
Nifty Indices View:
What We discussed Yesterday: Nifty was 22545
The most important level to track today should be 22245. Fall towards 22342 to 22245 should be treated as the normal cool off. The +ve bias could even continue further for the 3rd day in a row towards 22652 if Nifty is able to sustain above 22245. We may face some initial resistance at 22668 as Nifty has not made the weekly higher high for the last 4 weeks. Hence the recovery towards 22760 or even 22963 could be seen only once Nifty passed the resistance of 22668. On other hand the -ve trend before Nifty triggers 22668 could again re-enter if & only if Nifty fails to sustain above 22245 & only in such a case we may again see the fall towards 22138 or even 22031. Hence it would be highly recommended to track 22245 closely today for the decisive move ahead. Strategy should be simple, the whole range of 21884 to 21716 should be used as the buying range while the range of 24227 to 25352 could be used as profit booking range. Buy during falls and avoid buying during rallies.
What Happened Yesterday: Nifty is 22553
As discussed yesterday Nifty recovered further till 22634 making the new higher high of the recovery for the 3rd day in a row after the long 18 days of continued fall. Yesterday was the 3rd day with the higher high higher low and the higher close and during these 3 days Nifty recovered 669 points which is mere 3.1%. The correction in Nifty started from 30th September & we saw the total damage of 4312 points in the total 110 days which is 16.4% damage. The fall can be splitted into 3 phases. The first fall ‘a’ phase was seen for 2 months (36 days) & 3014 points (-11.5%) which was followed by the “b” recovery phase for 1 month time wise ( Actually 10 days) & 1595 points price wise which was mere 6.9% recovery. The Nifty entered in “c” fall again and last month was the 2nd month (61 days) of the fall where Nifty has already fallen 2893 points price wise which is 11.6%. Current fall has been assumed again for 2 Months time wise starting from January and near to 3014 points price wise like mirroring “a” fall. As Nifty already was in the 2nd month of the fall, we were assuming this fall would end in early March time wise & 21844 Price wise (assuming Nifty again in “c” falls 3014 points). Hence we should assume the current “c” fall getting wind off near 24857 - 3014 = 21843. This aligns with our target of 21716 which is “S3” of Bearing engulfing we saw in the month of “October” which was the 1st falling month of the current correction phase. Hence the whole a+b+c should end anywhere near 21716 to 21843 from where huge buying for 5 months could be seen taking Nifty at least towards 24227 to even 25352 which is near to 3400 points & 15% recovery. Strategy should be to consider the whole range of 21884 to 21716 as the strong buying zone and do SIP more. Enjoy the whole correction to take the benefits of long term investing. Yesterday was the 3rd day for strong recovery and we may assume the end of “c” fall on 4th March and Nifty entering into “x” 5 Months recovery phase of 3400 points.
What to expect Today: Nifty is 22553
The most important level to track not only today but for the whole week should be 22644. As for the last 4 weeks we have not seen any weekly higher high, We may face some initial resistance for Nifty to move beyond 22644. The -ve trend temporary for 2-3 days could again re-enter with the fall towards 22467, 22381 or even 22298 if Nifty resists moving beyond 22644. The strong recovery towards 22805 could be seen initially & later towards 23800 if Nifty is able to move and sustain above 22644. Hence it would be highly recommended to track 22644 closely not only today but for the whole week for the decisive move ahead. Strategy should be simple, the whole range of 21884 to 21716 should be used as the buying range while the range of 24227 to 25352 could be used as profit booking range. Buy during falls and avoid buying during rallies.
Nifty Today imp levels:
Pivot: 22550
Resistance: 22636 | 22719 | 22805
Support: 22467 | 22381 | 22298
+ve Indices: Smallcap, Commodities,
-ve Indices: Realty,
Crude: CMP: 67.04
USDINR: 87.10
BitCoin: CMP: 80692 (No Value, only Trading)
The target during the rally should be 141187 while new buying can be done during any fall in the whole range of 75621 to 42838. The temporary fall towards 74000 is visible.
Insider Stories: Big Fish Activities
📈 **HDFC AMC Bought AU Bank** on 19/02/24 in the quantity of 50.86 Lakh shares, which is a big 0.68% stake. Now they hold 5.52% stake.
📉 **Chirag Dilipkumar Lakhi (HNI Investor) Sold Religare Ent** from 29/10/24 to 04/02/25 in the quantity of 64.8 lakh shares, which is a big 1.96% stake. Now they hold 2.94% stake.
📉 **Promoter Adani Commodities Sold Adani Wilmar** on 13/01/25 via OFS in the quantity of 1.75 Cr shares, which is a big 13.51% stake. Now they hold 30.42% stake.
📉 **IDBI Trust Sold Quadrant Tele** on 12/02/25 in the quantity of 6.0 Cr shares, which is a big 2.35% stake. Now they hold 11.45% stake.
📈 **Counter Cyclical Investments Bought National Fittings** on 11/02/24 in the quantity of 10603 shares, which is a big 0.11% stake. Now they hold 5.77% stake.
📈 **ICICI Prudential MF Bought NCC** on 10/02/24 in the quantity of 5 Lakh shares, which is a big 0.08% stake. Now they hold 5.07% stake.
📉 **BAO Value Fund Sold Lerthai Finance** on 10/02/25 in the quantity of 11451 shares, which is a big 1.64% stake. Now they hold 0.5% stake.
📈 **SBI MF Bought Happiest Minds** on 11/02/24 in the quantity of 1.93 Lakh shares, which is a big 0.12% stake. Now they hold 5.02% stake.
📈 **GIC Pvt Ltd on account of GOS & MAS Bought Dr. Agarwals Health Care** on 11/02/24 in the quantity of 11.9 Lakh shares, which is a big 0.38% stake. Now they hold 5.11% stake.
📈 **Nova Global Fund & M7 Global fund Bought CheckPoint Trends** on 03/02/24 in the quantity of nearly 3 Lakh shares individually both, which is a big 5% stake. This was their 1st time buying.
📈 **SBI MF Bought BrainBees** on 06/02/24 in the quantity of 37.06 Lakh shares, which is a big 0.71% stake. Now they hold 7.64% stake.
📈 **SBI MF Bought Axis Bank** on 05/02/24 in the quantity of 11.14 Lakh shares, which is a big 0.03% stake. Now they hold 5.02% stake.
📉 **ELM Park Fund Sold India Cements** from 13/05/2015 to 04/02/25 in the quantity of 1.4 Cr shares, which is a big 4.45% stake. Now they hold 0.51% stake.
📈 **Promoter Ultratech Bought India Cements** on 04/02/24 in the quantity of 8 Cr shares, which is a big 26% stake. Now they hold 81.5% stake.
📉 **Smallcap World Fund Sold IIFL Finance** on 04/02/25 in the quantity of 54.88 Lakh shares, which is a big 2.05% stake. Now they hold 5.2% stake.
📉 **BAO Value Fund Sold Lerthai Finance** on 04/02/25 in the quantity of 36600 shares, which is a big 5.23% stake. Now they hold 2.14% stake.
📈 **HDFC MF Bought HPCL** on 04/02/24 in the quantity of 15.84 Lakh shares, which is a big 0.07% stake. Now they hold 5.04% stake.
📈 **Canara Robeco Mutual Fund Bought Praj Industries** on 01/02/24 in the quantity of 95192 shares, which is a big 0.05% stake. Now they hold 5.02% stake.
📈 **SBI MF Bought Rallis India** on 31/01/24 in the quantity of 14.92 Lakh shares, which is a big 0.76% stake. Now they hold 9.16% stake.
📉 **Tata Balanced Advantage Fund Sold Yatra Online** on 31/01/25 in the quantity of 37645 shares, which is a big 0.02% stake. Now they hold 2.48% stake.
📈 **Kotak Mahindra MF Bought Suraksha Diagnostic** on 31/01/24 in the quantity of 5733 shares, which is a big 0.01% stake. Now they hold 5% stake.
📈 **Counter Cyclical Investment Bought T & I Global** on 31/01/24 in the quantity of 5909 shares, which is a big 0.12% stake. Now they hold 5.26% stake.
📈 **Counter Cyclical Investment Bought DHP India** on 31/01/24 in the quantity of 3709 shares, which is a big 0.13% stake. Now they hold 6.39% stake.
📈 **ICICI Prudential Life Bought Honasa Consumer** on 31/01/24 in the quantity of 4.9 Lakh shares, which is a big 0.15% stake. Now they hold 7.61% stake.
📈 **Beeline Capital Advisors Bought Megastar foods** on 30/01/24 in the quantity of 2.9 Lakh shares, which is a big 2.57% stake. Now they hold 7.08% stake.
📈 **WF Asian Reconnaissance Fund Bought CMS Info Systems** on 28/01/24 in the quantity of 6.83 Lakh shares, which is a big 0.42% stake. Now they hold 5.07% stake.
📈 **HDFC Mutual fund Bought CIE Automotive** on 30/01/24 in the quantity of 88.3 Lakh shares, which is a big 2.33% stake. Now they hold 9.4% stake.
📈 **Smallcap World fund Bought Manappuram Finance** on 29/01/24 in the quantity of 23.96 Lakh shares, which is a big 0.28% stake. Now they hold 5.03% stake.
📉 **Mirae Asset Mutual Fund Sold Laurus Labs** on 30/01/25 in the quantity of 2.99 Lakh shares, which is a big 0.06% stake. Now they hold small stake of 2934 shares stake.
📉 **HDFC Mutual Fund Sold Avalon Techno** on 29/01/25 in the quantity of 18.33 Lakh shares, which is a big 2.77% stake. Now they hold 3.4% stake.
📉 **Edelweiss Asset Reconstruction Sold Parsvnath Developers** from 09/12/24 to 29/01/25 in the quantity of 88.6 Lakh shares, which is a big 2.04% stake. Now they hold 9.34% stake.
📉 **IDBI Asset Reconstruction Sold Parsvnath Developers** from 09/12/24 to 29/01/25 in the quantity of 88.6 Lakh shares, which is a big 2.04% stake. Now they hold 9.35% stake.
📈 **Tata Business Cycle fund Bought Kirloskar Pneumatic** on 27/01/24 in the quantity of 45431 shares, which is a big 0.07% stake. Now they hold 5.01% stake.
📉 **Mirae Asset Mutual Fund Sold J K Cement** on 27/01/25 in the quantity of 37588 shares, which is a big 0.05% stake. Now they hold 0.94% stake.
📈 **SBI MF Bought Happy Forgings** on 24/01/24 in the quantity of 38.82 Lakh shares, which is a big 4.12% stake. Now they hold 5.86% stake.
📈 **Wasatch Advisors Bought CMS Info Systems** on 24/01/24 in the quantity of 2 Lakh shares, which is a big 0.12% stake. Now they hold 5.08% stake.
📈 **Smallcap World Fund Bought Entero Healthcare Solutions** on 23/01/24 in the quantity of 1.03 Lakh shares, which is a big 0.23% stake. Now they hold 5.23% stake.
📈 **Baillie Gifford Pacific Fund Bought Equinox India Developments** on 23/01/24 in the quantity of 60.71 Lakh shares, which is a big 0.95% stake. Now they hold 8.01% stake.
📈 **Neomile Growth Fund Bought Deepak Builders and Engineers** on 24/01/24 in the quantity of 22.48 Lakh shares, which is a big 4.82% stake. Now they hold 10.06% stake.
📈 **Franklin Templeton MF Bought Lemon Trees Hotels** on 23/01/24 in the quantity of 8 Lakh shares, which is a big 0.1% stake. Now they hold 7.05% stake.
Disclosure: Do Not Buy or sell before consulting your advisor as the writer may have the position in the above-given stocks or indices.
Corporate Actions
Corporate Offers
Retail Rumble: Vishal Mega Mart IPO vs. Industry Leaders Trent, DMart, & Reliance Retail
https://youtu.be/_Iwb1nqVS1E
IPO Upcoming and Past could be tracked at:
https://www.profitfromit.in/courses/2927-ipo
Corporate Result
📊 TCS & TATA ELXSI Q3 FY25 Result Analysis
https://youtube.com/live/z4doUY37QVo
Schedule Of Events
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