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04 Dec 2016 | 5:49 PM
Research Report
Daily

Equity Research Report: Religare Morning Digest

Since we don’t have any major event on domestic front, global cues will continue to dictate our market trend in near future.
06 Jan 2016 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day -Since we don’t have any major event on domestic front, global cues will continue to dictate our market trend in near future.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 26000 25800 25580.34 25440 25300
NIFTY 7910 7850 7784.65 7730 7680
BANKNIFTY 16820 16680 16542.50 16400 16200
NIFTYIT 11275 11160 10997.15 10900 10790
News -
  • BHEL has successfully commissioned the first 600 megawatts coal-based thermal power plant in Telangana.
  • Gas utility stocks jumped after the Supreme Court upheld temporary ban on sale of large diesel vehicles in New Delhi.
  • Suven Life Sciences Ltd has obtained three products patents, one each from Canada, African Regional Intellectual Property Organisation and South Korea for its New Chemical Entities (NCEs) for the treatment of neurodegenerative diseases.
 
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
GRUH BUY 270.05 267 - 268 260 282 3-5 Days
SYNDIBANK SELL JAN FUT 86.00 86- 87 89 80 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
PIDILITIND BUY JAN FUTS 570 566-568 551 595 3-5 Days
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
NDL BUY 149.10 150 183
Note – For our running recommendations and past performance, please click here
Research Disclaimer
 
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