Trading Idea for 19 Jan 21 (Tuesday): Important data to know before market opening

The nifty Support level is placed at 14245 followed by 14150. If Nifty starts going up, then the resistance level will be 14415 and 14525. While the Bank Nifty support level is placed at 31650 and 31450. If Bank Nifty starts going up, then the resistance level will be 32025 and 32175.

FII and DII data

Foreign Institutional Investors bought shares of Rs. 650.06 crore while Domestic Institutional Investors sold shares of Rs. 42.51 crore in Indian equity market on January 18, as per data NSE data.

Latest Corporate Action

  • Vishwaraj Sugar Industrial Limited –  Q3 Profit at Rs. 3046.48 lakhs versus Profit of Rs. 1163.02 lakhs, Revenue at Rs. 8275.32 lakhs versus Rs. 10171.86 lakhs, Other Income at Rs. 4.10 lakhs Profit versus Rs. 2.42 lakhs YoY (Excellent Result).
  • IRB Infra Developers Limited –  Q3 Profit at Rs. 6948.27 lakhs versus Profit of Rs. 15973.47 lakhs, Revenue at Rs. 154715.83 lakhs versus Rs. 174264.22 lakhs, Other Income at Rs. 4765.13 lakhs Profit versus Rs. 4753.28 lakhs YoY (Good Result).
  • Maharastra Scooters Limited –  Q3 Profit at Rs. 264 lakhs versus Profit of Rs. 221 lakhs, Revenue at Rs. 426 lakhs versus Rs. 466 lakhs, Other Income at Rs. 384 lakhs Profit versus Rs. 422 lakhs YoY (Mix Result).
  • Indiamart Intermesh Limited –  Q3 Profit at Rs. 815 millions versus Rs. 635 millions, Revenue at Rs. 1729 millions versus Rs. 1605 millions, Other Income at Rs. 245 millions Profit versus Rs 165 millions YoY (Good Result).
  • Mindtree Limited – Q3 Profit at Rs. 3979 millions versus Rs. 2047 millions, Revenue at Rs. 20237 millions versus Rs. 19653 millions, Other Income at Rs. 616 millions Profit versus Rs 348 millions YoY (Good Result).
  • Trident Limited – Q3 Profit at Rs. 1597.60 millions versus Rs. 419 millions, Revenue at Rs. 12899.30 millions versus Rs. 10817.10 millions, Other Income at Rs. 50.0 millions Profit versus Rs 96.9 millions YoY (Good Result).
  • Rallis India Limited – Q3 Profit at Rs. 45.64 Crore versus Rs. 37.96 crores, Revenue at Rs. 570.47 crores versus Rs. 533.60 crores, Other Income at Rs. 7.64 crores  Profit versus Rs 10.08 crores YoY (Good Result).
  • F&O Ban on NSE

BHEL, Idea and SAIL securities are under the F&O ban for tomorrow (Jan 19).

  • Results Scheduled on January 19

Larsen & Tourbo Infotech, Icici Lombard General Insurance, Tata Communication, Alembic Pharma, Hatsun Agro, DCM Shriram, Ceat , CSB Bank, Bank of Maharastra, Tata Metaliks, Mold-Tek Packaging, Network 18 & TV 18 Braoadcast will announce their Q3 results FY 20-21 on 19 Jan 21.

  • Intraday Stocks For  January 19

Buy Vishwaraj Sugar @ 125 Stop Loss @122 Target = 127/129

Buy Havells @ 997 Stop Loss @ 990 Target = 1002/1010

Buy ICICI Lombard @ 1535 Stop Loss @ 1520 Target 1547/1570

Disclaimer – All posts are only for education & Learning purpose only. Our website is not responsible for your Profit & Loss .Please contact your Financial Advisor before investing in any securities.

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