Sam's Fundelights

Sam's Fundelights

2/3/2025, 3:22:45 AM

Good morning! Pre-Market Summary for Monday, February 03, 2025 Market Levels and Outlook Nifty 50: • Support Levels: 23,283 and 23,159 • Resistance Levels: 23,682 and 23,805 • Key Technical Indicator: Trading above 20-day EMA with positive momentum Bank Nifty: • Support Levels: 49,000-48,900 • Resistance Levels: 50,000-50,100 • Potential Upside Target: 50,700 and 51,300 Sensex: • Support Levels: 76,885 and 76,501 • Resistance Levels: 78,127 and 78,511 • Key Level: 50-day EMA zone at 78,100-78,200 Stocks to Watch
Top Performers: TRENT, ITC HOTELS, MARUTI, TATA CONSUMER, EICHER MOTORS
Potential Underperformers: BEL, POWERGRID, L&T, GRASIM Market Sentiment • Budget impact continues to influence market • Consumption sectors expected to remain strong • India VIX dropped to 14, indicating reduced volatility DII/FII Activity
Foreign Institutional Investors (FIIs) continue to show exit trends, but historical patterns suggest a potential rebound. Technical Indicators • Nifty RSI at 51.5 • Bullish Engulfing candlestick pattern observed • Positive crossover signals in weekly RSI Caution Note
DISCLAIMER: The recommendations provided are for educational purposes only. Investors must exercise their own risk management measures and consult a qualified financial advisor before making any trading or investment decisions. Market risks are subject to change, and past performance does not guarantee future results.

Sam's Fundelights

2/3/2025, 11:46:03 AM

Market Performance Overview The Indian stock market experienced volatility on Monday, February 3, 2025, influenced by global trade tensions and post-Budget sentiment. The Sensex closed at 77,186.74, down 319.22 points (0.41%), while Nifty settled at 23,361.05, dropping 121.10 points (0.52%). Bank Nifty Performance • Closed at 49,210.55 • Down 0.6% for the day • Broke below 49,000 intraday • Key movers: IndusInd Bank and Axis Bank showed gains • IDFC First Bank and PNB experienced losses Top Performers (Nifty 50) • Bajaj Finance: +5.32% • Shriram Finance: Up to 5.12% • Mahindra & Mahindra (M&M) • Wipro • Bajaj Finserv Worst Performers (Nifty 50) • Larsen & Toubro (L&T): Down 4.67% • ONGC • Bharat Electronics • Tata Consumer • Coal India Market Highlights • 35 out of 50 Nifty stocks closed in the red • Nifty Oil & Gas and Metal indices were worst-hit • IT and consumer durable stocks showed resilience • Midcap index fell 1%, smallcap index declined 2% Foreign & Domestic Investor Activity • Foreign Portfolio Investors (FPIs): Net sellers of ₹1,327.09 crore • Domestic Institutional Investors (DIIs): Net buyers of ₹824.38 crore

Sam's Fundelights

2/4/2025, 3:44:13 AM

Pre-Market Summary for Tuesday, February 04, 2025 Market Levels and Outlook Nifty 50: • Support Levels: 23,250 and 23,000 • Resistance Levels: 23,500-23,600 and 24,000 • Key Technical Indicator: Defended 20-day SMA with bullish candlestick pattern Bank Nifty: • Support Levels: 48,900 and 48,800 • Resistance Levels: 49,500-50,000 • Potential Trading Range: 48,800 to 50,000 Sensex: • Support Levels: 77,000-76,800 • Resistance Levels: 77,500-77,800 • Key Level: 20-day Simple Moving Average zone Stocks to Watch
Top Recommendations: • Reliance Industries: Buy target ₹1,550 (+24%) • Dixon Technologies: Buy target ₹21,000 (+45%) • IRB Infrastructure: Neutral target ₹63 (+19%) • Jyothi Labs: Accumulate target ₹450 (+8%) • Sun Pharma: Hold target ₹1,900 (+9%) DII/FII Activity (Previous Day) • FIIs Net Sell: ₹3,958 crore • DIIs Net Buy: ₹2,708 crore • Year-to-Date: FIIs net sold ₹92,651 crore, DIIs net bought ₹90,121 crore Market Sentiment • Global trade tensions impacting market • Volatility expected due to recent tariff announcements • Rupee at record low of 87.29 per USD Trading Strategy • Range-bound trading recommended • Watch for breakouts above 23,500 in Nifty • Bank Nifty: Buy on dips, sell on rises strategy Caution Note
DISCLAIMER: The recommendations provided are for educational purposes only. Investors must exercise their own risk management measures and consult a qualified financial advisor before making any trading or investment decisions. Market risks are subject to change, and past performance does not guarantee future results.

Sam's Fundelights

2/5/2025, 5:48:04 AM

Market Overview The Indian stock market continues its positive momentum on Wednesday, February 5, 2025. Current Market Indices • NIFTY 50: 23,771.80, up 33 points (0.14%) • Sensex: 78,585.29, up 1 point (0.0019%) • Bank Nifty: Currently trading above 50,000 level Global Market Cues • Asian Markets: Positive sentiment • Nikkei: Up 0.12% • Kospi: Jumped 1.06% • Australia’s ASX 200: Gained 0.75% Key Market Drivers • Foreign Institutional Investors (FIIs) bought shares worth ₹890.23 crore • Domestic Institutional Investors (DIIs) sold shares worth ₹430.70 crore • Positive global cues from US markets • Anticipation of Q3 earnings from companies like Swiggy, Zydus Life, and Cummins Active Stocks Recommended Stocks for Trading: • L&T Technology Services • GAIL India • Kotak Mahindra Bank • Nykaa • IndusInd Bank Market Outlook Analysts suggest a bullish trend with potential movement towards 23,900-24,200 levels. The market is showing strength above the 200-day Exponential Moving Average (EMA).

Sam's Fundelights

2/6/2025, 3:36:36 AM

Pre-Market Summary for Thursday, February 06, 2025 Market Outlook • GIFT Nifty: Trading at 23,804, indicating a positive 0.25% opening • Expected Market Range: 23,500-24,000 • Key Focus: RBI Monetary Policy announcement on February 7 Technical Analysis
Nifty 50: • Current Support: 23,600 • Resistance: 24,000-24,200 • Trend: Short covering rally with bullish head and shoulder pattern Key Market Drivers • RBI MPC meeting ongoing • Q3 Corporate Earnings (SBI, ITC, Hero MotoCorp) • Global trade tensions softening • FII selling continues Foreign & Domestic Investor Activity • FIIs: Net sellers of ₹1,682.83 crore • DIIs: Net buyers of ₹996.28 crore Stocks to Watch • Aditya Birla Fashion and Retail • L&T Finance • Tech Mahindra • State Bank of India (Earnings) • ITC (Earnings) Caution Note
DISCLAIMER: The recommendations provided are for educational purposes only. Investors must exercise their own risk management measures and consult a qualified financial advisor before making any trading or investment decisions. Market risks are subject to change, and past performance does not guarantee future results.

Sam's Fundelights

2/10/2025, 2:01:25 AM

Pre-market report for India, dated February 10, 2025 ~~~~~~~~~~~ Nifty 50 • On February 7, the Nifty 50 closed under pressure for the third consecutive session, losing 43 points amid volatility after the RBI’s 25 bps rate cut. • Key levels for the Nifty 50 (23,560): • Resistance: 23,662, 23,721, and 23,817 • Support: 23,470, 23,411, and 23,315 • A bearish candlestick pattern with a minor upper shadow and long lower shadow formed on the daily charts, falling below the 50 and 200-day EMAs with above-average volumes, signaling a negative trend. • If the index fails to defend the 23,500-23,400 support zone, selling pressure may extend. • Holding above this level could take the index toward 23,800, the key resistance area. Bank Nifty • Key levels for the Bank Nifty (50,159): • Resistance: 50,518, 50,700, and 50,995 • Support: 49,930, 49,748, and 49,453 • Fibonacci retracement resistance: 50,381, 51,162 • Fibonacci retracement support: 47,875, 46,078 • The Bank Nifty could not sustain above the 50 and 200-day EMAs, forming a bearish candlestick pattern with a long upper wick and minor upper shadows, indicating minor weakness. Options Data • Nifty Call Options: The maximum Call open interest is at the 24,000 strike (84.13 lakh contracts), acting as key resistance. • Bank Nifty Call Options: The 52,000 strike holds the maximum Call open interest (18.66 lakh contracts), which can act as a key resistance level. Maximum Call writing was visible at the 51,000 strike (2.36 lakh contracts). • Bank Nifty Put Options: The maximum Put open interest is at the 49,000 strike (14 lakh contracts), which can act as a key support level. Additional Factors • The Nifty Put-Call ratio (PCR) declined to 0.83 on February 7. • India VIX declined 3.46 percent to 13.69 on Friday. *For information purposes only*

Sam's Fundelights

1/31/2025, 2:20:33 AM

Pre-Market Summary for January 31, 2025 Market Overview
The Indian stock market is expected to open with a cautious positive bias, with GIFT Nifty trading marginally higher ahead of the Union Budget announcement. Global Context • US markets closed mixed following the Federal Reserve’s interest rate decision • Asian markets showing tentative movements Nifty 50 Levels • Support: 23,000, 22,850 • Resistance: 23,350, 23,500 Bank Nifty Levels • Support: 49,000, 48,750 • Resistance: 49,500, 50,000 Sensex Levels • Support: 76,200, 76,000 • Resistance: 76,600, 76,800 Stocks to Watch 1. Bharat Dynamics • Support: 1,190 • Resistance: 1,335 • Recommendation: Buy with potential 8-10% upside 2. JK Cement • Support: 4,750 • Resistance: 5,215 • Recommendation: Buy with bullish outlook 3. Tata Steel • Support: 124.50 • Resistance: 143 • Recommendation: Buy with medium-term potential FII/DII Activity (January 30, 2025) • FII Net Sales: ₹4,920.69 crore • DII Net Purchases: ₹6,814.33 crore Market Sentiment
Traders are advised to remain cautious with the Union Budget approaching. The market shows potential for a positive session, but volatility is expected. Key Factors to Watch • Union Budget announcement on February 1 • Ongoing global market trends • Sector-specific movements Recommendation
Maintain a selective approach with strict risk management strategies. CAUTION NOTE:
DISCLAIMER: The recommendations provided are for EDUCATIONAL PURPOSES ONLY. Investors and traders must exercise their own risk management measures, conduct independent research, and consult with a qualified financial advisor before making any trading or investment decisions. Market investments carry inherent risks, and past performance does not guarantee future results.