Indian Indices
Global Indices
Commodity (SPOT)
Currency (SPOT)
10 Dec 2016 | 12:14 PM
Research Report
Daily

Equity Research Report: Religare Morning Digest

We are eyeing 7550 in Nifty and any fall or consolidation should be considered as buying opportunity.
03 Mar 2016 | 07:00 AM

    Religare Morning Digest – Highlights for today
 
Market Outlook for the day -We are eyeing 7550 in Nifty and any fall or consolidation should be considered as buying opportunity.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 24660 24450 24242.98 24000 23800
NIFTY 7500 7430 7368.85 7300 7225
NIFTYBANK 15600 15320 15092.45 14900 14750
NIFTYIT 11230 11050 10897.10 10775 10650
News -
  • SML Isuzu sales rose 2.95% to 1,010 vehicles in February 2016 over February 2015.
  • HCL Technologies won a 5-year next–generation IT outsourcing services contract from Husqvarna AB.
  • Mahindra & Mahindra dropped after company's management in a post-budget conference call said that the expiry of excise duty exemption on products manufactured from its Haridwar plant will affect Q4 margins.
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
ASHOKLEY BUY 93.45 92-92.5 90 98 3-5 Days
EVEREADY BUY 228.65 226-229 220 248 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
CIPLA BUY MAR FUTS 528.50 526 515 545 3-5 Days
 
Fundamental Picks for delivery (9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
SMLISUZU BUY 733.80 869.00 1150
JYOTHYLAB BUY 280.10 272.40 330
SUPREMEIND BUY 733.25 699.30 840
Note – For our running recommendations and past performance, please click here
Research Disclaimer
Regenerate OTP
Thank You for your interest in Religare Online. Our Representative will get in touch with you shortly.