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Nifty Opening Note - Indian Stock Market Trading View For 21 Dec,2021

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Indian Stock Market Trading View For 21 Dec,2021:

Nifty to turn volatile as the day progresses. Global cues to act as trend decider.

Dhan Introduces Direct Trading Through Charts, Ties Up With TradingView

On Monday there was steep decline in the market, Now question arises will the trend reverse now? 

Investors should note that market is replicating last years Dec pattern. This is Good time to accumulate stocks.  Market will bounce back very soon. So investors can start accumulating quality stocks now.

Nifty spot if manages to trade and sustain above 16660 level then some upmove can follow in the market and if it breaks and trade below 16580 level then some decline can follow in the market. Please note this is just opening view and should not be considered as the view for the whole day.


Topic :- Stocks under F&O ban on NSE

1. Escorts



Topic :- Stocks in News

CE Info Systems (MapmyIndia): The company will make its debut on the bourses on December 21. The final issue price is Rs 1,033 per share.

RailTel Corporation of India: The company has received work order from Defence R & D Organisation for expansion and enhancement of CIAG network capacity at a total cost of Rs 68.31 crore. The entire work is to be completed in a period of seven months.

Adani Enterprises: The company received Letter of Awards (LoAs) from Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) for three Greenfield Ganga Expressway Projects - Group II, Ill and IV from Badaun to Prayagraj in Uttar Pradesh on a DBFOT (toll) basis.

Rolex Rings: The company has entered into the Memorandum of Understanding (MOU) with the Government of Gujarat for development of Textile & Apparel Park, IT Park and Toy Park at Gondal district.

KPI Global Infrastructure: The company has received confirmation of the order for executing solar power project of 2.50 MWdc capacity under Captive Power Producer (CPP) segment.

Wipro: The company will acquire Texas-headquartered Edgile to strengthen its leadership in strategic cybersecurity services.

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