The Equity Research Desk provides fundamental analysis of capital market-related entities to aid wise investment decisions. The analysis also includes IPO news and updates. An Initial Public Offering allows investors to explore the opportunities in various sectors. Nirmal Bang’s IPO watch helps market participants to stay abreast of all the latest developments in this segment.

Technical Morning Call 250425

25-Apr-25

Nifty Technical Outlook Nifty is expected to open on a gap up note and likely to witness positive move during the day. On technical grounds, Nifty has an immediate Resistance at 24370. If Nifty closes below that, further upside can be expected towards 24440-24500 mark. On the flip side 24170-24100 will act as strong support levels. Action: Nifty has an immediate Resistance placed at 24370 and on a decisive close above expect a rise to 24440-24500 levels.

Technical Morning Call 240425

24-Apr-25

Nifty Technical Outlook Nifty is expected to open on a flattish note and likely to witness range bound move during the day. On technical grounds, Nifty has an immediate support at 24240. If Nifty closes below that, further downside can be expected towards 24170-24100 mark. On the flip side 24400-24470 will act as strong resistance levels. Action: Nifty has an immediate support placed at 24240 and on a decisive close below expect a fall to 24170-24100 levels.

Technical Morning Call 230425

23-Apr-25

Nifty Technical Outlook Nifty is expected to open on a gap up note and likely to witness positive move during the day. On technical grounds, Nifty has an immediate Resistance at 24340. If Nifty closes below that, further upside can be expected towards 24400-24500 mark. On the flip side 24100-24000 will act as strong support levels. Action: Nifty has an immediate Resistance placed at 24340 and on a decisive close above expect a rise to 24400-24500 levels.

Technical Morning Call 220425

22-Apr-25

Nifty Technical Outlook Nifty is expected to open on a flattish note and likely to witness positive move during the day. On technical grounds, Nifty has an immediate Resistance at 24200. If Nifty closes below that, further upside can be expected towards 24270-24340 mark. On the flip side 24040-23970 will act as strong support levels. Action: Nifty has an immediate Resistance placed at 24200 and on a decisive close above expect a rise to 24270-24340 levels.

Technical Morning Call 210425

21-Apr-25

Nifty Technical Outlook Nifty is expected to open on a flattish note and likely to witness range bound move during the day. On technical grounds, Nifty has an immediate support at 23770. If Nifty closes below that, further downside can be expected towards 23700-23640 mark. On the flip side 23940-24000 will act as strong resistance levels. Action: Nifty has an immediate support placed at 23770 and on a decisive close below expect a fall to 23700-23640 levels.

Technical Morning Call 170425

17-Apr-25

Nifty Technical Outlook Nifty is expected to open on a gap down and likely to witness sideways move during the day. On technical grounds, Nifty has an immediate support at 23300. If Nifty closes below that, further downside can be expected towards 23240-23170 mark. On the flip side 23500-23570 will act as strong resistance levels. Action: Nifty has an immediate support placed at 23300 and on a decisive close below expect a fall to 23240-23170 levels.

Technical Morning Call 160425

16-Apr-25

Nifty Technical Outlook Nifty is expected to open on a negative and likely to witness range bound move during the day. On technical grounds, Nifty has an immediate support at 23240. If Nifty closes below that, further downside can be expected towards 23170-23100 mark. On the flip side 23400-23500 will act as strong resistance levels. Action: Nifty has an immediate support placed at 23240 and on a decisive close below expect a fall to 23170-23100 levels.

Technical Morning Call 150425

15-Apr-25

Nifty Technical Outlook Nifty is expected to open on a gap up and likely to witness sideways move during the day. On technical grounds, Nifty has an immediate Resistance at 23,170. If Nifty closes below that, further upside can be expected towards 23,240-23,300 mark. On the flip side 22,700-22,600 will act as strong support levels. Action: Nifty has an immediate Resistance placed at 23,170 and on a decisive close above expect a rise to 23,240-23,300 levels.

Technical Morning Call 110425

11-Apr-25

Nifty Technical Outlook Nifty is expected to open on a gap up and likely to witness sideways move during the day. On technical grounds, Nifty has an immediate Resistance at 22,840. If Nifty closes below that, further upside can be expected towards 22,900-23,000 mark. On the flip side 22,300-22,000 will act as strong support levels. Action: Nifty has an immediate Resistance placed at 22,840 and on a decisive close above expect a rise to 22,900-23,000 levels.

Technical Morning Call 090425

09-Apr-25

Nifty Technical Outlook Nifty is expected to open with gap down and likely to witness volatile session ahead of Monetary Policy. On technical grounds, Nifty has an immediate Support at 22,440. If Nifty closes below that, further downside can be expected towards 22,370/22,300 mark. On the flip side 22,670/22,800 will act as strong Resistance levels. Action: Nifty has an immediate support placed at 22,440 and on a decisive close below expect a fall to 22,370/22,300 levels.

Technical Morning Call 080425

08-Apr-25

Nifty Technical Outlook Nifty is expected to open on a gap up and likely to witness positive move during the day. On technical grounds, Nifty has an immediate Resistance at 22,570. If Nifty closes below that, further upside can be expected towards 22,640/22,700 mark. On the flip side 22,200/21,700 will act as strong support levels. Action: Nifty has an immediate Resistance placed at 22,570 and on a decisive close above expect a rise to 22,640/22,700 levels.

Technical Morning Call 070425

07-Apr-25

Nifty Technical Outlook Nifty is expected to open on a gap down and likely to witness negative move during the day. On technical grounds, Nifty has an immediate support at 22000. If Nifty closes below that, further downside can be expected towards 21700-21500 mark. On the flip side 23200-23500 will act as strong resistance levels. Action: Nifty has an immediate support placed at 22000 and on a decisive close below expect a fall to 21700-21500 levels.

Technical Morning Call 040425

04-Apr-25

Nifty Technical Outlook Nifty is expected to open on a gap down and likely to witness sideways move during the day. On technical grounds, Nifty has an immediate support at 23140. If Nifty closes below that, further downside can be expected towards 23070-23000 mark. On the flip side 23300-23400 will act as strong resistance levels. It’s a stock specific market trade calls with strict stop loss. Action: Nifty has an immediate support placed at 23140 and on a decisive close below expect a fall to 23070-23000 levels.

Technical Morning Call 030425

03-Apr-25

Nifty Technical Outlook Nifty is expected to open on a gap down and likely to witness sideways move during the day. On technical grounds, Nifty has an immediate support at 23140. If Nifty closes below that, further downside can be expected towards 23070-23000 mark. On the flip side 23400-23500 will act as strong resistance levels. It’s a stock specific market trade calls with strict stop loss. Action: Nifty has an immediate support placed at 23140 and on a decisive close below expect a fall to 23070-23000 levels.

Technical Morning Call 020425

02-Apr-25

Nifty Technical Outlook Nifty is expected to open on a flattish note and likely to witness range bound move during the day. On technical grounds, Nifty has an immediate resistance at 23240. If nifty closes above that, further upside can be expected towards 23300-23400 mark. On the flip side 23100-23000 will act as strong support levels. It’s a stock specific market trade calls with strict stop loss. Action: Nifty has an immediate resistance placed at 23240 and on a decisive close above expect a rise to 23300-23400 levels.

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RISK DISCLOSURES ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Source:

1. SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.