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August 20, 2025
- Daily Morning Report Date: 20.08.2025
- NIFTY OUTLOOK: 24980.65 FII 634.26 cr DII 2261.06 cr
- As discussed yesterday, market behaviour remained on expected lines, as strong bulls lifted Nifty to 25012 on successfully crossing 24933, closing near our resistance of 24989 at 24980.65.
- An average bullish candle on the daily chart, which defended the opening gap of the previous day, indicates further strength.
- If Nifty crosses 25035, it may rally to 25087–25140, and if demand strengthens, it may test 25192.
- On the downside, 24927–24875 may act as immediate supports. A sustained break below these levels could drag Nifty to 24821–24769.
- Bank Nifty Outlook
- Spot: 55865.15 | PCR: 0.77 | Max CE OI: 57000 | Max PE OI: 57000
- On 19th August 2025, Bank Nifty closed at 55865.15, up 130.25 points (0.23%).
- The index moved 357.40 points during the session, hitting a high of 55965.55 and a low of 55608.15.
- Technical View:
- Key support and resistance are at 55170 and 56000.
- Intraday support and resistance are at 55765 and 55965.
- Intraday strategy:
- Go long above 55965 with SL 55930 and target 56060.
- Go short below 55760 with SL 55790 and target 55665.
- RSI stands at 49.50 (below 30 oversold, above 70 overbought).
- Bank nifty Day SMA Analysis:
- Bank nifty is trading above 6 out of 8 SMA’s (5, 10, 20, 100, 150, 200 Day).
- Bank nifty is trading below 2 out of 8 SMA’s. (20, 30 Day)
- One Bullish candlestick Pattern was identified in bank nifty.
- • Short Line Uptrend
- Macros:
- 1. Dollar index @ 98.292
- 2. Vix @ 15.57 (+3.87%)
- 3. Brent crude @ 65.90
- 4. U.S. 10 years bond yield @ 4.311
- Note: All eyes will be on Fed Chairman Powell, who is set to speak on Friday amid rising expectations of a rate cut in September, driven by cooling labor market data and easing consumer inflation. Powell, however, has remained cautious, citing sticky inflation from Trump’s trade tariffs, despite continuous pressure from President Trump to cut rates.
- For Indian equities, markets are struggling to cross 25000. Immediate support for Nifty is at 24800 on a closing basis; if it closes below, we may see a slide towards 24350. My view is not negative, and the strategy remains buy on dips.
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- Data watch
- 1.Fiis net long 9.7 % (Highly oversold).
- 2.Fiis sold 634 cr in cash segment, sold -35.11 cr in index and 2394 in stock fut
- 3.Vix @ 11.79 (-4.46%)
- 4.Pcr @ 1.1 (weekly) , 1.09 (monthly)
- Note: Fiis net long position is @ 9.7 % still in highly over sold zone. Still Huge short are there in the system which may get covered in days to come.
- We mentioned many times in last 10-12 days lower Vix & fiis net long indicating shorts will be covered soon , Now 25073 will be immediate hurdle if nifty able to close above 25133 ( mark my words nifty shorts will cover & will go up to 25380-25450.
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- Contributed by
- Ashok bhandari : INH000019549
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- MAGELLANIC CLOUD: Subsidiary Provigil Surveillance Ltd secured a ₹2.27 Cr order from South Central Railway for video surveillance replacement at Secunderabad stations.
- The order enhances security infrastructure and adds to revenue visibility.
- Relief to the #Textile #Garment Industry #India
- 11% import duty on raw cotton imports removed : August 19th to September 30th
- Exemption to benefit textile chain : Yarn, fabric, apparel
- @beatthestreet10
- UBS maintains 'NEUTRAL' rating on HAL with target price of Rs 4900
- Govt clears Rs 62000 cr order for 97 Tejas MK1A
- This is second MK1A order for HAL; 180 MK1A in order book for HAL
- Delivery for MK1A is yet to commence
- With F404 engine issue now behind expect delivery to commence with 6 MK1A to be delivered in FY26E
- Jefferies on Economic Activity
- Jefferies Economic Indicator for Jul'25 shows activity levels moderating to a 10-mth low of 5.2%
- Weak July, but likely bottoming
- Consumption data from autos, card spends, travel have softened
- Rural economy doing better with higher crop sown and 2-year high currency in circulation growth
- @beatthestreet10
- TravelAlert: These Mumbai local trains have been cancelled today due to heavy waterlogging.
- EAM S. Jaishankar lands in Moscow for a 3-day visit to co-chair the 26th India-Russia Inter-Govt Commission on trade, economy, science, tech & culture
- CLSA ON NTPC
- MAINTAI OUTPERFORM
- TARGET: 459
- Raised Capacity Target For FY32 Το 149GW, Up 15% From 130GW
- Raised Capacity Target Driven By Renewables & Falling Polysilicon Prices
- Also Accelerating Transition Plans, Including Carbon Batteries
- India's Energy Goals Offer Long-term Growth Opportunities
- Forecasting 45% EPS & 230 bps RoE Growth Over FY25-27
- Co Seen As Deep-value, Trading At 10x FY27 EPS With A 3% Dividend Yield, 2.9x Higher Than Nifty
- DAM Cap on Food Delivery Cos
- Initiate Buy on Eternal, TP rs 400
- Initiate buy on Swiggy, TP Rs 515
- Both co’s have now matured, expect margin expansion and strong FCF growth over next three years, driven by lower capital expenditure and improved working capital efficiency
- This will support funding of their QCom businesses
- Zomato’s QC business likely reaching EBITDA profitability by 4QFY26 and Swiggy by 4QFY28
- Forecast revenue growth of 42% for Eternal & 28% for Swiggy over FY25-28
- Zomato is already PAT profitable, while Swiggy will reach profitability by FY28
- AUROBINDO PHARMA: The company is the frontrunner to acquire Prague-based Zentiva from Advent International in a \$5–5.5 billion (₹43,500–47,900 crore) deal, according to ET.
- The acquisition would significantly strengthen Aurobindo’s presence in Europe.
- If finalized, it will mark the largest-ever acquisition by an Indian pharma company, surpassing Ranbaxy in 2014 and Biocon-Viatris in 2022.
- US private equity firm GTCR is also in the race, with final negotiations underway.
- SATIN CREDITCARE: Satin Finserv, a subsidiary of the company, has appointed Pramod Marar as CEO to lead its green finance strategy.
- He will focus on scaling financing in renewable energy, clean mobility, sustainable agriculture, and energy efficiency.
- Marar brings nearly 30 years of experience across HSBC, HDFC, Axis, and as co-founder of TapFin and GoGreen Capital.
- The move strengthens Satin’s ambition to expand in India’s climate finance ecosystem alongside its existing microfinance and MSME lending businesses.
- JSW ENERGY: India Ratings has assigned an IND A/Stable rating to the bank loan facilities of JSW Renew Energy Three Ltd, a step-down subsidiary of the company.
- The rating reflects stable financial strength and adequate debt-servicing capability.
- JSW Renew Energy Three is engaged in renewable energy projects, supporting the group’s green energy expansion.
- The rating is moderate compared to parent JSW Energy, indicating scope for further strengthening.
- PNB HOUSING, BAJAJ HOUSING, AAVAS, HOME FIRST: NHB has tightened scrutiny on housing finance firms after detecting breaches in loan-to-value norms on high-value home loans.
- Some lenders were disbursing up to 90 percent LTV on loans above ₹75 lakh, exceeding the 75 percent regulatory cap.
- The move raises concerns over asset quality and credit risk in the sector.
- Stricter compliance may slow down disbursements in the high-ticket loan segment.
- SRF: The company has signed strategic agreements with US-based Chemours to strengthen the global supply chain for fluoropolymers and fluoroelastomers.
- SRF will provide manufacturing capacity and high-quality supply for industries including semiconductors, auto, aerospace, and oil & gas.
- The partnership allows Chemours to secure reliable supply from India without significant capex, enhancing global operations.
- The move reinforces SRF’s positioning in complex chemicals and supports growth in higher-value, ESG-aligned applications.
- ADITYA INFOTECH FY 26 GUIDANCE
- Estimated Revenue growth in FY26 --- YoY growth: 25-30%
- Estimated EBITDA growth in FY26 --- YoY growth: 50%+
- Estimated EBITDA Margin At 10-11 % V 8.3.% In Fy25
- Estimated PAT growth in FY26 --- YoY growth: 75%+
- ADITYA INFOTECH Q1 ; GUIDANCE
- - Revenue Growth:
- Security industry growth 16–17%
- IP segment growth 25%+
- Market share gains to accelerate momentum
- - EBITDA & PAT Growth:
- Brand mix improvement & CP Plus margin expansion
- Debt repayment savings from IPO proceeds
- Full consolidation of AIL Dixon (100%)
- Scaling efficiencies, localization & backward integration
- NAZARA ,DELTA ,ONMOBILE FALLS MORE THAN 3 % ON REPORTS OF BAN ON ONLINE GAMING WITH MONEY
- NAZARA ,DELTA , ONMOBILE: Modi Govt set to ban online games played with money; bill likely in Parliament today
- AERPACE: The company’s UAE subsidiary has received a Letter of Intent from a leading UAE defence company for its aerShield drones.
- UAE authorities will visit India for live demonstrations, with procurement subject to successful validation.
- The company shared a prototype test video to showcase progress and execution capability.
- HAL UP 3 % ON EXPECTATION OF 62000 CR ORDER FROM GOVT
- OLA UP AGAIN 5 % TODAY
- JAMNA AUTO EXTENDS YESTERDAY'S GAINS , UP 3 %
- HAL ; HAL to Deploy Drones and Robots for Tejas MkII and AMCA Assembly Line Inspections - IDRW
- SOME RECOVERY IN DELTA , NAZARA FROM OPENING LOWS
- Dynamic Cables Surges 14 % after Co. gets BIS Licenses & Ups Monthly Capacity Potential to ₹135 Cr
- CLSA Analyst Says Nifty Will Make New Highs By End Of The Year As Long As 24,000 Is Not Broken
- 24,000 Remains As The Main Support For Nifty
- Many Stocks In The Auto Sector Have Broken Out Of The Trading Range
- Can Look At Indian Internet ETFs Listed In The US
- EFC ; CO. SHARES LISTED ON NSE TODAY