Weekly Report: 12th Nov 22

Weekly Trend Report

Week Gone By

In the week ended on Friday, 11 November 2022, the Sensex advanced 844.68 points or 1.39% to settle at 61,795.04. The Nifty 50 index gained 232.55 points or 1.28% to settle at 18,349.70
The BSE Mid-Cap index slipped 0.71% to settle at 25,465.20
The BSE Small-Cap index dropped 0.42% to settle at 28,985.06

Week Ahead

India’s inflation rate for October will be announced on 14th November 2022.
Japan will announce inflation rate for October on 18 November 2022
In US, Retail Sales data for October will be announced on 16 November 2022

Technical Overview

Nifty 50 remained highly volatile throughout the week, however, it ended the trading week with modest gains of 233 points. Nifty remained jittery ahead of the US inflation data and jolted on improved inflation numbers towards the all-time level tracking global cues on relatively stronger volume on Friday. Going forward in the rally attempt trend, a follow-through week towards the all-time high level at 18604 will be crucial to attracting further bullish momentum. The support for the week comes near 18180 – 17920 – 17780 whereas resistance is near 18350 – 18450 – 18600.

To view the detailed report click on the Download Report link below

© 2021 BP Equities Pvt. Ltd.
All Rights Reserved

Get the app

Products

MentorBox

HotBox

More

*All subscription pricing plans mentioned across the website are exclusive of 18% GST

By signing up, you agree to receive transactional messages on WhatsApp. You may also receive a call from a BP Wealth representative to help you with the account opening process

Disclosures and Disclaimer: Investment in securities markets are subject to market risks; please read all the related documents carefully before investing. The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results. Details provided in the above newsletter are for educational purposes and should not be construed as investment advice by BP Equities Pvt. Ltd. Investors should consult their investment advisor before making any investment decision. BP Equities Pvt Ltd – SEBI Regn No: INZ000176539 (BSE/NSE), IN-DP-CDSL-183-2002 (CDSL), INH000000974 (Research Analyst), CIN: U45200MH1994PTC081564. Please ensure you carefully read the Risk Disclosure Document as prescribed by SEBI | ICF

Attention Investors

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
Pay 20% upfront margin of the transaction value to trade in cash market segment.
Investors may please refer to the Exchange’s Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.
Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.

Issued in the interest of Investors

Communications: When You use the Website or send emails or other data, information or communication to us, You agree and understand that You are communicating with Us through electronic records and You consent to receive communications via electronic records from Us periodically and as and when required. We may communicate with you by email or by such other mode of communication, electronic or otherwise.

Investor Alert:

Prevent Unauthorised Transactions in your demat account –> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day………………….issued in the interest of investors.
KYC is one time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account.

BP Equities Pvt Ltd – SEBI Regn No: INZ000176539 (BSE/NSE), INZ000030431 (MCX/NCDEX), IN-DP-CDSL-183-2002 (CDSL),
INH000000974 (Research Analyst) CIN: U45200MH1994PTC081564
BP Comtrade Pvt Ltd – SEBI Regn No: INZ000030431 CIN: U45200MH1994PTC081564

For complaints, send email on investor@bpwealth.com

Copyrights © 2022 BP Group All Rights Reserved