25 Apr 2017 | 6:23 AM
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Equity Research Report: Religare Morning Digest

A day’s rise do not confirm reversal hence we suggest traders not to take any biased decision on a single day move and uphold cautious approach.
04 Sep 2015 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day -A day’s rise do not confirm reversal hence we suggest traders not to take any biased decision on a single day move and uphold cautious approach.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 26100 25920 25764.78 25545 25360
NIFTY 7930 7875 7823.00 7750 7690
BANKNIFTY 17050 16875 16655.40 16435 16200
CNX-IT 11940 11800 11672.85 11550 11390
News -
  • Asian Paints is looking to add nearly 600,000 kilo litres to its total capacity soon. While 400,000 kilo litres will come from its greenfield project at Vishakhpatnam in Andhra Pradesh; another 200,000 kilo litres will be added to its Rohtak (Haryana) facility.
  • IRB Infrastructure Developers has executed concession agreement with NHAI for Rs. 2,650-crore project of six laning of Agra-Etawah Bypass section in Uttar Pradesh. The estimated project cost of the company is approximately Rs. 2,650 crore.
 
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
MAX BUY 509.35 500 - 505 485 535 3-5 Days
BHEL SELL FUT 210.9 215 - 220 225 195 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
SRTRANSFIN BUY FUT 877 873 860 898 3-5 Days
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
KOTAKBANK BUY 627.10 705.10 900
Note – For our running recommendations and past performance, please click here
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