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10 Dec 2016 | 5:33 AM
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Equity Research Report: Religare Morning Digest

Nifty is feeling pressure on every rise due to some reason or the other and we expect some ease by the end of this week. Traders should follow the trend and maintain stock specific trading approach.
01 Dec 2015 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day - Nifty is feeling pressure on every rise due to some reason or the other and we expect some ease by the end of this week. Traders should follow the trend and maintain stock specific trading approach.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 26460 26300 26145.67 25942 25760
NIFTY 8050 8000 7935.25 7880 7820
BANKNIFTY 17750 17600 17430.40 17300 17150
CNX-IT 11465 11350 11206.00 11030 10900
News -
  • Rajesh Exports has bagged an export order worth Rs. 1,122 crore for gold and diamond studded jewellery and medallions from the UAE.
  • Nestle India has resumed production of Maggi noodles at all five facilities in India.
  • Tata Motors is all set to launch its new car to be called ZICA in 2016.
  • SpiceJet plans to order more than 150 planes in the current financial year ending 31 March 2016.
 
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
ARVIND BUY 317.35 314-316 304 340 3-5 Days
VEDL SELL 90.75 91-92 94.50 85 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
COALINDIA BUY 330 PE 6.55 5-5.50 2 12 3-5 Days
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
DIVISLAB BUY 1150.30 1189.60 1305
Note – For our running recommendations and past performance, please click here
Research Disclaimer
 
Regenerate OTP
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