DAILY MARKET

MIRROR

Har nivesh ke liye

har niveshak ke saath
26th July 2024
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END OF DAY SUMMARY
BROAD MARKET INDICES SECTORAL INDICES

NIFTY 50 NIFTY BANK

NIFTY NEXT 50 NIFTY AUTO

NIFTY 100
NIFTY FINANCIAL SERVICES

NIFTY 200
NIFTY FMCG

NIFTY 500
NIFTY IT

NIFTY MIDCAP 50
NIFTY MEDIA

NIFTY MIDCAP 100

NIFTY METAL
NIFTY SMALLCAP 100
NIFTY PHARMA
-0.40 -0.30 -0.20 -0.10 0.00 0.10 0.20 0.30 0.40 0.50 0.60

NIFTY PSU BANK

NIFTY PRIVATE BANK

NIFTY REALTY

NIFTY HEALTHCARE INDEX

NIFTY CONSUMER DURABLES

NIFTY OIL & GAS

-1.5 -1 -0.5 0 0.5 1 1.5 2 2.5

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NIFTY VIEW
Chart Technical Snapshot
Closing Points % Change

24406 -7 -0.03%

Support S1 S2
24330 24250

Resistance R1 R2

24500 24570

TREND 20-EMA 50-EMA

24285 23713

Technical View

• Markets witnessed a smart recovery post the gap down opening clearly outperforming global peers.
• Nifty Oil & Gas and Nifty Auto were the best performing sectors up 2.22% and 1.26% respectively.
• Currently, 24480-24500 will act as an important resistance & Till 24500 is not surpassed, we can see index retest 24350-24330 support
levels.
• A breakdown below 24330, index can continue its downward move towards 24270-24250 zone.
• A surge & sustenance above 24500, further rally up to 24550-24570 will be on the cards.

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BANK NIFTY VIEW
Chart Technical Snapshot
Closing Points % Change

50888 -428 -0.83%

Support S1 S2
50650 50300

Resistance R1 R2

51200 51500

TREND 20-EMA 50-EMA

51894 50940

Technical View
• Bank Nifty continued to underperform closing in the red for the third consecutive trading session.
• Kotak Bank and Federal Bank were the top gainers ending the day 1.83% and 1.77% higher respectively.
• Currently, Bank Nifty is expected to face resistance at 51150-51200 and till this zone holds we can see index retest 50700-50650 support
levels .
• On breakdown & sustenance below 50650, index can continue its downward move towards 50350-50300.
• A surge above 51200, index can witness short covering up to 51450-51500 zone.

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SECTORAL MARKET BREADTH

% STOCKS WITHIN THE SECTORS TRADING ABOVE THEIR MOVING AVERAGES

SECTORAL INDICES 20-DMA 50-DMA 100-DMA 200-DMA
NIFTY BANK 8% 42% 58% 67%
NIFTY AUTO 53% 67% 100% 100%
NIFTY FINANCIAL SERVICES 32% 79% 89% 84%
NIFTY FMCG 93% 93% 93% 93%
NIFTY HEALTHCARE 90% 95% 100% 100%
NIFTY IT 90% 100% 90% 90%
NIFTY MEDIA 67% 78% 56% 56%
NIFTY METAL 7% 13% 53% 93%
NIFTY PHARMA 90% 90% 95% 95%
NIFTY PRIVATE BANK 10% 50% 60% 60%
NIFTY PSU BANK 42% 33% 50% 75%
NIFTY REALTY 20% 30% 90% 100%
NIFTY CONSUMER DURABLE 67% 93% 93% 87%
NIFTY OIL & GAS 80% 67% 73% 80%
• Above data indicates percentage constituents of sectorial indices which are trading above their major moving averages.
• Higher number of stocks trading above majority of moving averages indicate sector is in bullish trend.
• 20 and 50-DMA is showing short-term trend. While, 100-DMA is showing Medium-term trend and 200-DMA is showing Long-term trend.
• Disclaimer please read our website www.sbisecurities.in

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MARKET SENTIMENTS

FII/DII Trend NSE Advance/Decline Trend

FII/DII Trend NSE Advance/Decline
8,000.00 2000

1500
6,000.00
1000
4,000.00
500

2,000.00 0

0.00 -500

-1000
-2,000.00
-1500
-4,000.00
-2000

-6,000.00 -2500
11 Jul 12 Jul 15 Jul 16 Jul 18 Jul 19 Jul 22 Jul 23 Jul 24 Jul 25 Jul 11 Jul 12 Jul 15 Jul 16 Jul 18 Jul 19 Jul 22 Jul 23 Jul 24 Jul 25 Jul

FII DII Advance Decline

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VOLUME AND DELIVERY DATA

Volume Shockers (Nifty 500) High Delivery Percentage (Nifty 500)

Volume
Today's Average Volume Change Delivery
Stock Symbol % Change Volume (week) (Times) Stock Trend Stock Symbol % Gain/ Loss Net Volume Delivery Volume Percentage Stock Trend
JYOTHYLAB 7.75 13232496 1284484 10.30 Bullish MANYAVAR -0.95 389358 367075 94.28 Sideways
MHRIL 2.20 2362694 245056 9.64 Bullish CRISIL 0.31 56586 48072 84.95 Sideways
DATAPATTNS 9.95 3101407 352764 8.79 Bullish RATNAMANI -2.30 154628 131112 84.79 Sideways
GODFRYPHLP 2.78 1042378 124768 8.35 Sideways SAPPHIRE -2.82 140208 114942 81.98 Sideways
VAIBHAVGBL 4.42 2949812 430261 6.86 Sideways BAYERCROP -0.03 41264 33722 81.72 Sideways
JAMNAAUTO 5.61 9560333 1477157 6.47 Bullish CREDITACC -2.18 552575 441073 79.82 Bearish
WHIRLPOOL 1.44 731503 124673 5.87 Bullish METROBRAND -1.52 144301 112388 77.88 Sideways
MMTC 17.85 154350289 27046722 5.71 Bullish RUSTOMJEE -2.28 73969 57278 77.44 Sideways
CLEAN 2.93 632885 120964 5.23 Bullish GRINDWELL -1.67 76258 58568 76.80 Bearish
RENUKA 1.48 74897734 15207588 4.93 Sideways DMART 0.25 393012 300348 76.42 Bullish

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Disclosures & Disclaimers
SBICAP Securities Limited
(CIN): U65999MH2005PLC155485
SEBI Registration No.: Stock Broker: INZ000200032 | DP Registration No.: IN-DP-314-2017| Research Analyst : INH000000602 | IRDA : CA0103
Registered & Corporate Office: Marathon Futurex, A Wing, 12th Floor, N. M. Joshi Marg, Lower Parel, Mumbai-400013.
For any information contact us: 022-6854 5555 | E-mail: helpdesk@sbicapsec.com I Web: www.sbisecurities.com

DISCLOSURES & DISCLAIMERS:

Analyst Certification: The views expressed in this research report ("Report") accurately reflect the personal views of the research analysts ("Analysts") employed by SBICAP Securities Limited (SSL) about any and all of the subject issuer(s) or company(ies) or securities. This
report has been prepared based upon information available to the public and sources, believed to be reliable. I/We also certify that no part of my/our compensation was, is, or will be directly or indirectly related to the specific recommendation(s) or view(s) in this report.
The Analysts engaged in preparation of this Report or his/her relative:-
(a) do not have any financial interests in the subject company mentioned in this Report; (b) do not own 1% or more of the equity securities of the subject company mentioned in the report as of the last day of the month preceding the publication of the research report; (c) do not
have any material conflict of interest at the time of publication of the Report.
The Analysts engaged in preparation of this Report:-
(a)have not received any compensation from the subject company in the past twelve months; (b) have not managed or co-managed public offering of securities for the subject company in the past twelve months; (c)have not received any compensation for investment banking
or merchant banking or brokerage services from the subject company in the past twelve months; (d) have not received any compensation for products or services other than investment banking or merchant banking or brokerage services from the subject company in the past
twelve months; (e) has not received any compensation or other benefits from the subject company or third party in connection with the Report; (f) has not served as an officer, director or employee of the subject company; (g) is not engaged in market making activity for the
subject company.

Name Qualification Designation

Sudeep Shah MBA (Finance) DVP- Technical & Derivative Research
Sunny Agrawal B.E, MBA (Finance) DVP - Fundamental Research
Rajesh Gupta PGDBM (Finance), MA (Bus. Eco) AVP - Fundamental Research
Gautam Upadhyaya MBA (Finance) Research Analyst - Equity Derivatives
Vinayak Gangule BE (IT) Research Analyst - Equity Technicals
Monica Chauhan C.A. Research Analyst - Equity Fundamentals
Harsh Vasa C.A. Research Analyst - Equity Fundamentals
Sweta Padhi MBA (Finance) Research Analyst - Equity Fundamentals
Sumeet Shah BE CFA Research Analyst - Equity Fundamentals
Pratik Patni BSc (Biotech Entire) Research Analyst- Equity Derivatives
Ghanshyam Gupta MBA (Finance) Research Analyst - Currency Derivative
Sagar Peswani B.Tech (ECE) Research Associate- Equity Technicals
Kalpesh Mangade B.Com MIS Analyst - Retail Research

For other Disclosures please visit: https://bit.ly/R_disclaimer02

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