News and Global Index updates.

🌹 🌞Good Morning 🌞🌹

Dow +658.09 pts ,

Nsdq +201.24 pts, 

S&P +72.78 pts, 

Bovespa +430 pts , 

Ftse +119 pts , 

Dax +345 pts , 

Cac +120 pts , Clsd , 

Crude @ $96.74 brl (-0.85), 

Brent @ $110.72 brl (-0.44) , 

Gold @ 1711.10 (+7.50), 

Silver @ $18.676 (+0.08), 

Euro @ $1.0104, 

JPY @ $138.06,  

INR @ 79.79

*Today's Corporate Action*

*18th July Ex Date*

BLUEDART

Final Dividend - Rs. - 35.0000

GOCLCORP

Final Dividend - Rs. - 3.0000

LXCHEM

Final Dividend - Rs. - 0.7000

SWASTIKA

Final Dividend - Rs. - 2.0000

*Today's Key Results/Board Meetings*

*18-Jul-22*

ALOKTEXT

Quarterly Results  

ARFIN

Quarterly Results  

BEPL

Interim Dividend;Quarterly Results

BESTEAST

A.G.M.   

DARSHANORNA

Quarterly Results  

ELIXIR

Quarterly Results  

GANESHHOUC

Quarterly Results  

HEIDELBERG

Quarterly Results  

INDUSINDBK

A.G.M.;General  

MAHABANK

Quarterly Results  

METROPOLIS

General   

MHEL

Audited Results  

NELCO

Quarterly Results 

ONWARDTEC

Quarterly Results  

OZONEWORLD

General;Quarterly Results;A.G.M.

PARAGMILK

Preferential Issue of shares 

PRITHVIEXCH

A.G.M.   

PWASML

A.G.M.;General  

RADHEDE

Bonus issue;General  

SCBL

General;Quarterly Results 

SOUTLAT

Quarterly Results  

SPACEINCUBA

Quarterly Results  

SUDAIQuarterly Results  TANFACIND

Quarterly Results  

TRINITYLEA

General

*Stock under F&O ban on NSE*

*18-Jul-22*

1DELTACORP

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*MASSIVE GLOBAL RALLY* 

Big rally in US leads rally across markets 

Dollar Index cools to 107.6 from 109.1 

Market to react to numbers from HDFC Bank 

Big question: What is the risk-reward at 16,250? 

 

 *TRADE SETUP* 

Nifty set to open at the higher end of trading range 

HDFC Bank’s move holds key to today’s market move 

Nifty needs to close above 16,216 to make higher high 

Close above 16,216 leaves door open for 16,478 

Market move nowadays has 4 major components 

Bank Nifty: Strong month to date but vulnerable to FII selling 

Nifty IT: At 52-week low, rallies mostly on short covering 

Reliance: Has defended lows, results and AGM coming up 

Consumption: In an unadulterated bull market of its own