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21 Jan 2017 | 8:22 AM
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Equity Research Report: Religare Morning Digest

We reiterate our view that sustainability above 7950 would push Nifty toward 8100-8200 zone otherwise consolidation will continue with immediate support at 7700.
01 Oct 2015 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day -We reiterate our view that sustainability above 7950 would push Nifty toward 8100-8200 zone otherwise consolidation will continue with immediate support at 7700.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 26500 26300 26154.83 25900 25650
NIFTY 8060 8000 7948.90 7880 7800
BANKNIFTY 17500 17350 17216.30 17050 16850
CNX-IT 12300 12100 12032.10 11800 11600
News -
  • Inox Wind has secured an order for a 50 megawatts wind power project in Rojmal in Gujarat from Gujarat Mineral Development Corp.
  • A day after the RBI announced a 50 basis points repo rate cut, Kolkata-based lender, UCO Bank, has said it will reduce the base rate by 25 basis points.
  • Vivimed Labs Ltd has entered into a definitive agreement for sale of some of its specialty chemical products to Clariant Chemicals (India) Ltd, an arm of Switzerland based Clariant AG, for Rs. 380 crore.
 
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
AUROPHARMA BUY 769.20 755 - 760 735 810 3-5 Days
PIDILITIND BUY 564.85 560 - 564 548 595 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
LT BUY FUT 1473.00 1462-1466 1440 1515 3-5 Days
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
KOTAKBANK BUY 648.10 705.10 900
Note – For our running recommendations and past performance, please click here
Research Disclaimer
 
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