25 Feb 2017 | 9:43 PM
Research Report
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Equity Research Report: Religare Morning Digest

We are reiterating our view that upside still seems capped around 8650-8700 zone in Nifty so participants should uphold positive yet cautious approach.
05 Aug 2015 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day -We are reiterating our view that upside still seems capped around 8650-8700 zone in Nifty so participants should uphold positive yet cautious approach.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 28360 28210 28071.93 27980 27840
NIFTY 8610 8560 8516.90 8490 8440
BANKNIFTY 19200 19075 18972.60 18820 18690
CNX-IT 11625 11530 11415.55 11340 11235
News -
  • Reserve Bank of India kept the policy repo rate or the interest rate at which it provides short-term liquidity to the banking system unchanged at 7.25%. It has also kept the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0% of net demand and time liability (NDTL).
  • Britannia Industries reported a 66.86% jump in consolidated net profit at Rs. 189.66 crore for the first quarter ended June 30, 2015, helped by operational efficiencies.
  • BGR Energy Systems net profit rose 24.5% to Rs 11.44 crore on 41% growth in revenue to Rs 894.07 crore in Q1 June 2015 over Q1 June 2014.
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
BERGEPAINT BUY 227.35 225-228 220 242 3-5 Days
DCBBANK BUY 138.9 138-140 135 150 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
ASHOKLEY BUY AUG FUTS 88.70 87.50 84.80 91.80 3-5 Days
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
DISHTV BUY 115.30 106.70 128
Note – For our running recommendations and past performance, please click here
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