Amid positive global markets, neutral domestic institutional investors (DIIs), positive foreign institutional investors (FIIs), neutral futures & options (F&O) and positive sentiment cues, the short-term trend of the Indian stock markets will be positive on Monday, November 14, 2022.

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Nifty support zone 18250-18300, Below that 18125-18200 Strong Buy zone

Nifty higher zone 18375-18450, Above that 18475-18550 Profit booking zone

Bank Nifty support zone 41850-41925, Below that 41600-41775 Strong Buy zone

Bank Nifty higher zone 42350-42475, Above that 42625-42775 Profit booking zone

Nifty support levels 18300, 18260, 18200, 18175, 18150, 18125

Nifty higher levels 18375, 18415, 18450, 18475, 18550

Bank Nifty support levels 41925, 41850, 41775, 41675, 41600, 41525

Bank Nifty higher levels 42325, 42475, 42550, 42625, 42700

- FIIs Index Long at 62% Vs 53%
- PCR at 1.22 Vs 1.06
- Bank Nifty PCR at 1.16 Vs 0.95  
- India VIX down by 7.5% at 14.41

Also Read: Market LIVE: Mixed cues for Sensex, Nifty on Monday with negative Dow Futures, flat SGX Nifty; weaker US Dollar 

Positions:
Nifty Intraday STOP LOSS 18200 n Closing STOP LOSS 18000
Bank Nifty Intraday STOP LOSS 41900 n Closing STOP LOSS 41600

For Existing Short Positions:

Nifty Intraday n Closing STOP LOSS 18425
Bank Nifty Intraday n Closing STOP LOSS 42350

For New Positions:

Buy Nifty in 18175-18250 range:
STOP LOSS 18100 Target 18300, 18350, 18375, 18415, 18450, 18475

Aggressive Traders Sell Nifty in 18475-18550 range:
Strict STOP LOSS 18625 Target 18450, 18425, 18375, 18350, 18300, 18260

For New Positions:

Buy Bank Nifty in 41775-41925 range:
STOP LOSS 41600 Target 42000, 42125, 42325, 42475, 42550

Aggressive Traders Sell Bank Nifty in 42350-42500 range:
Strict STOP LOSS 42600 Target 42150, 42000, 41925, 41850, 41775, 41675

F&O Ban Update:
New In Ban: GNFC
Already In Ban: PNB
Out Of Ban: Nil

Keystone Realtors IPO Preview:

BUY POST LISTING OR HIGH RISK TAKING INVESTORS APPLY FOR LONG TERM

Positives:

Quality brand name
Strong cash flow due to asset light model

Negatives:

Focus only in Mumbai region
Promoters to reduce stake from 87% to 75% in future
Maintaining high margin could be a challenge
Valuations not attractive