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09 Dec 2016 | 9:30 PM
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Equity Research Report: Religare Morning Digest

It is a positive sign that Nifty crossed its crucial hurdle of 7550 on Friday but it should sustain now for this recovery to extend further otherwise selling may resume again.
01 Feb 2016 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day -It is a positive sign that Nifty crossed its crucial hurdle of 7550 on Friday but it should sustain now for this recovery to extend further otherwise selling may resume again.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 25210 25040 24870.69 24650 24400
NIFTY 7675 7620 7563.55 7480 7400
NIFTYBANK 15850 15670 15522.40 15350 15100
NIFTYIT 11475 11370 11236.15 11115 10980
News -
  • Yes Bank's net profit rose 25.06% to Rs 675.74 crore on 17.49% growth in total income to Rs 4122.12 crore in Q3 December 2015 over Q3 December 2014.
  • NTPC net profit fell 18.9% to Rs 2492.87 crore on 8.84% decline in total income to Rs 17657.99 crore in Q3 December 2015 over Q3 December 2014.
  • Titan Company net profit rose 18.12% to Rs 225.29 crore on 17.24% increase in total income to Rs 3439.88 crore in Q3 December 2015 over Q3 December 2014.
 
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
INFY BUY 1164.90 1155-1165 1120 1260 3-5 Days
KOTAKBANK BUY 683.60 680-690 665 740 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
NIFTY BUY 1 FEB 7400 PE 72.70 75 NA 60 2-3 Days
SELL 4 FEB, 7300 PE 50.45 54
 
Master Pick (1-2 Months)
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target
BERGEPAINT BUY 266.45 262-267 244 318
To read complete report, please click here
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
NDL BUY 137.65 150 183
Note – For our running recommendations and past performance, please click here
Research Disclaimer
 
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