January 31, 2025

1. Banking & Financial Services (Highest Weight: 33.53%)

HDFC Bank (HDFCBANK)* VWAP Breakout

ICICI Bank (ICICIBANK)* VWAP Breakout

State Bank of India (SBIN)* Breakout Scalping

Axis Bank (AXISBANK)* Mean Reversion

Kotak Mahindra Bank (KOTAKBANK) Trend Following

Bajaj Finance (BAJFINANCE) Momentum Trading

Bajaj Finserv (BAJAJFINSV) Momentum Trading

Factors Affecting Movement:

• RBI Interest Rate Decisions – A hike can be negative; a cut is positive.

• Banking Sector Performance – Nifty Bank Index trend affects stock prices.

• FII/DII Activity – Foreign investors buying/selling impacts stock price.

• Quarterly Results – NPAs, loan growth, and profitability reports impact movement.

Pre-Open Trends: Bank stocks react to overnight global banking trends.

Infosys (INFY)* USD/INR Correlation

TCS (TCS)* Nasdaq Futures Tracking

HCL Technologies (HCLTECH)* Trend Following

Wipro (WIPRO) Support & Resistance Trading

Factors Affecting Movement:

• IT stocks react to Nasdaq trends & USD/INR movement.

• Infosys & TCS follow global tech market movements.

• Trend following works well for HCL Tech due to steady price action.

• US Tech Market & Nasdaq Trends – Since IT exports to the US, trends in Nasdaq
affect them.

• Rupee vs Dollar Exchange Rate – A weaker rupee benefits IT companies.

• Quarterly Earnings – Revenue from key clients, order book updates.

• Global IT Spending & Layoffs – A slowdown in IT hiring impacts stock prices.

Reliance Industries (RELIANCE)* Crude Oil Trend

ONGC (ONGC) Crude Oil Trend

NTPC (NTPC) Mean Reversion

Power Grid Corporation (POWERGRID) News-Based Scalping

Tata Power (TATAPOWER)* Trend Following

Factors Affecting Movement:

• Crude Oil Prices – Higher crude increases costs for refining companies.

Crude Oil Prices: Watch for Brent crude movement overnight.

• Government Policies & Subsidies – Gas price regulations affect revenue.

• Power Demand & Electricity Tariffs – A rise benefits power companies.

• FII & Institutional Investments – Reliance is a major FII favorite, impacting stock
movement.

• Momentum Trading: Trade in direction of global oil trends.

Tata Motors (TATAMOTORS)* Breakout Scalping

Maruti Suzuki (MARUTI)* News-Based Scalping

Mahindra & Mahindra (M&M)* Trend Following

Bajaj Auto (BAJAJ-AUTO) Momentum Trading

Hero MotoCorp (HEROMOTOCO) Support & Resistance Trading

Factors Affecting Movement:

• Monthly Auto Sales Data – A rise in car sales is positive.

Auto Sales Data (1st of Every Month): Positive sales = bullish move.

• Global Chip Shortages – Semiconductor availability affects production.

• Government EV Policies – EV adoption boosts stocks like Tata Motors.

• Fuel Prices & GST Changes – Higher petrol/diesel prices reduce demand.

• Stocks react sharply to sales numbers & policy changes.

5. Capital Goods (Engineering & Industrials)

Larsen & Toubro (LT)* Trend Following

Siemens (SIEMENS)* Mean Reversion

ABB India (ABB) Momentum Trading

Factors Affecting Movement:

• Government Infrastructure Projects – More orders mean better stock

• Interest Rates – Higher borrowing costs can slow infrastructure projects.

• Quarterly Order Book Reports – Backlog orders determine stock strength.

• Global Economic Growth – Slow growth reduces industrial expansion.

Tata Steel (TATASTEEL)* LME Metal Price Trend

JSW Steel (JSWSTEEL)* LME Metal Price Trend

Hindalco Industries (HINDALCO) Trend Following

Factors Affecting Movement:

• Global Steel Prices & Demand – High demand leads to higher prices.

• China’s Manufacturing Activity(China Industrial Data -Early Morning Impact) –

• Import-Export Tariffs – Government duties on steel imports impact prices.Steel &

• FII & Institutional Investments – Metals stocks move based on foreign interest.

Breakout Trading: Best traded during market momentum hours (9:15-11:30

7. FMCG (Fast-Moving Consumer Goods)

(Generally not the best for intraday trading due to low volatility, but ITC is an
exception.)

Hindustan Unilever (HINDUNILVR) Mean Reversion

ITC (ITC)* Mean Reversion

Nestlé India (NESTLEIND) Mean Reversion

Britannia Industries (BRITANNIA) Support & Resistance Trading

Factors Affecting Movement:

• Cigarette Taxation Policies – Any increase in tax can affect stock prices.

• Quarterly Sales Growth – A rise in FMCG product sales is positive.

• Rural Consumption Trends – Increased rural demand benefits FMCG stocks.

(Pharma stocks are good for intraday only on news events.)

• Sun Pharma (SUNPHARMA)*

• Apollo Hospitals (APOLLOHOSP)

Factors Affecting Movement:

• USFDA Drug Approvals/Rejections – Regulatory approval drives stock

• Covid-19 & Health Crises – Health concerns increase demand for medicines.

• Quarterly Earnings & New Product Launches – Expansion into new therapies
can boost stock price.

9. Infrastructure & Realty

• Adani Ports & SEZ (ADANIPORTS)*

• DLF Ltd. (DLF)

Factors Affecting Movement:

• Port Cargo Volumes – Higher imports/exports increase revenue.

• Government Infrastructure Spending – More investments improve logistics.

• Regulatory & SEBI Investigations – Adani Group stocks are sensitive to

• UltraTech Cement (ULTRACEMCO)* - Trend following

• Grasim Industries (GRASIM)* - Trend following

• Shree Cement (SHREECEM)

Factors Affecting Movement:

• Raw Material Prices (Coal, Limestone, Power Costs) – Rising costs impact
profitability.

• Infrastructure & Housing Demand – Higher demand for cement drives stock
prices.

• Monsoon Season Impact – Rain affects construction activities.

• Cement stocks move gradually and trend well.

11. Consumer Durables

• Asian Paints (ASIANPAINT)

• Titan Company (TITAN)

12. Telecommunications

• Bharti Airtel (BHARTIARTL)* - News-Based Scalping

Airtel moves based on telecom policies & spectrum auction news.