Weekly Trading Diary: 6th to 10th December 2021

A thread for discussing all your trades, strategies, ideas, news, stories etc.

A quick snapshot of what the markets were up to in the last week.

Rising spread of the new COVID variant Omicorn globally kept markets on edge in the week gone by. Nifty and Sensex managed to end the week up by around 1% snapping the two-week losing streak. Though things were not the same globally where most of the major markets ended the week in the red.

Here’s how the sectoral performance was for the week.

Things to look forward to in the coming week:


It’s going to be a busy week in the primary markets as four IPOs will be open for subscription;

Name RateGain Travel Technologies Shriram Properties MapmyIndia Metro Brands
IPO Period 7th to 9th December 8th to 10th December 9th to 13th December 10th to 14th December
Price 405 - 425 113 - 118 1000 - 1033 485 - 500
Lot Size 35 125 14 30

Major economic events to look forward to for the week;

6th December 7th December 8th December 9th December 10th December
Britain Construction PMI US Trade Balance (Oct) India RBI Interest Rate decision US Jobless Claims India Industrial Output (Oct)
Non-farm Prodictivity Q3 US Crude Old Inventories China Inflation and PPI (Nov) US Core CPI (Nov)
China Trade Balance (Nov) Eurozone ECB President Lagarde speaks Britain GDP Estimates Q3
Eurozone GDP Estimates Japan GDP Estimates Manufacturing Production (Oct)
Japan Household Spending (Oct)

What are you looking forward to? Join the discussing :point_down:

Expecting bearish move in ASIANPAINT .

Have BULLISH VIEW on TCS , range of 3550- 4000 is expected.

Expecting Bearish move in BHARTIARTL .

Expecting Bearish move in TATAPOWER


can’t see level 20 data since opening, creating problem in trading. Please zerodha do something about it.

With RBI Event this week, I will be looking for buy on big dips and sell on big rise till the event is done. I think Bank niftymay outperform nifty till the event. Lets see

Nifty broke its lower support &Trend line today!!

As all the major global indices are green or flat today, the fall was Indian markets specific. The below mentioned news maybe the reason for this fall.

FIIs may have pressed the panic button and sold off heavily due to this news which creates some short term uncertainty.

1 Like

The markets continued their slide for the second consecutive session with Nifty and Sensex both tanking over 1.6%. US markets look set for a mixed start according to Dow and Nasdaq futures.

:oil_drum: Brent Crude: 71.73 +2.66%
:heavy_dollar_sign: USD-INR Spot: 75.42 +0.34%
:scroll: India 10Y bond yield: 6.36% -0.14%

All the sectors ended the day in red with Nifty IT sliding the most.

Amongst F&O stocks:

:chart_with_upwards_trend: Zee Entertainment was the top gainer.
:chart_with_downwards_trend: PVR was the top loser.

:newspaper: In the news

Tata Motors today said it will raise prices of commercial vehicles in the range of 2.5% from 1st January 2022.

Tata Motors subsidiary Jaguar Land Rover’s UK sales fell 35.2 percent on a year-on-year basis to 4,097 units in November.

Anand Rathi Wealth IPO sees 9.78 times subscription on day 3, QIB portion booked 2.5 times

Income Tax department sends reassessment notices to global fund houses

PMS, AIF asset base set to cross Rs 50 lakh cr in 10 yrs: PMS Bazaar

:earth_americas: Around the World

China central bank cuts reserve requirement ratio as the economy slows

Denmark tightens fiscal policy with 2022 budget deal

This view is working so far.

There was a big dip and Bank nifty so far is outperforming Nifty from yesterday.

Disclaimer : Not a trading advice

Looks like we will have an inside bar candle today. Sell on rise and buy on big dips and overall within the range. This is usually what happens when there is an event. Big guns prepare and position themselves for the event.

Chart of the day;

Who knew plastic surgery was so popular in India :astonished:

1 Like

Markets were on a roll today. Rebounding sharply after falling in the last two trading sessions. US markets too look set for a solid opening.

:oil_drum: Brent Crude: 74.94 +2.55%

:heavy_dollar_sign: USD-INR Spot: 75.44 +0.03%

:scroll: India 10Y bond yield: 6.391% +0.5%

Day’s trend:

Amongst the sectors, Nifty Metal was the top gainer for the day where all sectoral indices closed in green.

Amongst the F&O stocks, :chart_with_upwards_trend: National Aluminium was the top gainer. :chart_with_downwards_trend: While Vodafone Idea was the top dragger.

:newspaper: In the News

Reliance and Abu Dhabi’s Ta’ziz to launch chemical project joint venture worth $2bn in Ruwais, UAE.

FMCG companies, Britannia, ITC, Nestle, HUL amongst others received approvals for their applications for investment under the PLI scheme in food processing.

Strong premium growth for Life Insurance Companies in November; Industry premium up by 42% YoY, Pvt. insurers premium up by 59%.

Vodafone Idea to deploy blockchain-enabled enterprise platform; partners Tanla Platforms. More here.

:earth_americas: Around the World

India, Russia ink 28 agreements, decide to expand cooperation in defense, space & oil: More.

Evergrande bondholders yet to be paid as crucial debt deadline passes. Story here.

View of inside bar candle kind of failed yesterday as previous days high was broken intraday yesterday and then it closed 80 points below from highs.

Global markets are on fire and Nifty actually is kind of still underperforming the globe.

I’m expecting and preferring sector specific movement to index movement today…considering the events lined up ryt from today (with RBI MPC meet to Fed’s meet next week)

Bank Nifty was the trade of the week for me

Markets climbed for the second straight day as RBI left key rates unchanged and maintained its accommodative stance. Dow and Nasdaq futures indicate a mixed start for US markets.

:oil_drum: Brent Crude: 74.64 -1.06%

:heavy_dollar_sign: USD-INR Spot: 75.45 +0.01%

:scroll: India 10Y bond yield: 6.347

All sectors closed in the green for the second straight day with PSU Bank, Metal, and Auto Index gaining over +2% each.

Amongst the F&O stocks

:chart_with_upwards_trend: Biocon was the top gainer.
:chart_with_downwards_trend: Whirlpool was the top loser.

:newspaper: In the news

RBI keeps key policy rates unchanged; retains GDP projection at 9.5%: Key takeaways

Vedanta announces commitment to invest $15 billion in manufacturing display screens and semiconductors in India.

M&M signs pact with Jio-bp on EV and low-carbon solutions.

Automobile retail sales in the country dropped by around 3 percent in November as chip shortages and heavy rains in South India impacted sales across various segments: FADA

Fitch Ratings cut India’s growth forecast to 8.4% for the current fiscal; More.

Hindustan Zinc board approves interim dividend of Rs 18 per share for FY22

:earth_americas: Around the World

Eurozone inflation will take longer to fall back to 2%, says ECB.

German Parliament elects Olaf Scholz to succeed Angela Merkel as Chancellor; Story here.

Nifty and Sensex recovered from their days low to close marginally higher. US markets look set for a negative opening.

:oil_drum: Brent Crude: 75.36 -0.57%
:heavy_dollar_sign: USD-INR Spot: 75.632 +0.38%
:scroll: India 10Y bond yield: 6.349 +0.03%

Day’s trend:

Media Index was the top gainer for the day with gains of over 3.5%. Bank, Realty and IT ended the day marginally lower.

Amongst the F&O stocks

:rocket: Shares of Vodafone Idea zoomed over 15% on reports of the company has raised enough money to pay bondholders as the due date approaches.

:chart_with_downwards_trend: SBI Cards was the top loser, dropping by over 6%.

:newspaper: In the news

Tata Motors to invest Rs 7,500 cr in commercial vehicles in next 5-5 years, focus on EVs.

ITC will hold its first analyst’s meet on December 14.

PLI scheme in food processing: Parle Products expects 20-25% growth in exports.

Board of Bajaj Electricals authorized review of corporate restructuring. This will allow the company to unlock growth and value creation for all business segments.

Paytm Payments Bank receives scheduled bank status from RBI.

:earth_americas: Around the World

Italy’s antitrust fined Amazon $1.28 bn for alleged abuse of market dominance.
Fitch downgrades Chinese property developers Evergrande and Kaisa Group to restricted default: Story here

Australia proposes new laws to regulate Crypto and BNPL: More

Good Morning all

I will be tracking levels of 17450 and 17600 as reference levels for intraday in nifty and weekly closing.

If nifty closes below 17450 - I would be cautious to carry index longs

If nifty closes below 17400 - i would actually carry index shorts

nifty btwn 17450-600 - is a no trade zone for me

PS : These levels are part of my daily preparation before market starts

So far so good.

For 3 hours, market is absolutely in a range and has not moved anywhere. Trending move can start only if sustained below 17450 levels

The undertone of the mrkt is cautious as US is said to announce inflation data tonight which is supposed to come as one of the highest ever inflation number.

Indices rebounded from the day’s lows to end the final trading session of the week marginally lower. Surging by around 1.7% for the week. Dow and Nasdaq futures indicate a positive opening for US markets.

:oil_drum: Brent Crude: 74.91 +0.66%
:heavy_dollar_sign: USD-INR Spot: 75.765 +0.32%
:scroll: India 10Y bond yield: 6.37 +0.35%

PSU Bank Index was the top gainer for the day, followed closely by Media and Realty. FMCG, IT, and Pharma ended marginally lower.

Amongst the F&O stocks

:chart_with_upwards_trend: IEX was the top gainer for the day.
:chart_with_downwards_trend: SBI Cards was the top loser.

:newspaper: In the news

India’s index of industrial production (IIP) grew by 3.2% in October, according to the data released by the MoSPI on Friday.

Star Health Insurance debuted at a discount of over 6% to the issue price.

Shriram Properties issue closed with a subscription of 4.6 times. The retail portion was subscribed by over 12 times while QIB 1.85 times.

Passenger vehicles sales dip 19% in November as chip shortage woes continue: SIAM

LIC received approval from RBI to hike its stake in IndusInd Bank to 9.99%.

:earth_americas: Around the World

U.K October GDP disappoints as supply chain issues and sharply rising input costs hit key sectors such as construction and car retail.

The Consumer Price Index (CPI) of the USA is forecast to rise to 6.8% (YoY) from 6.2% in October. Meanwhile, Core CPI is expected to rise to 4.9% from 4.6%.