31 Mar 2017 | 12:12 AM
Research Report
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Equity Research Report: Religare Morning Digest

We uphold our negative stance for Nifty index with 7900 spot as immediate target on the down side.
06 Nov 2015 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day -We uphold our negative stance for Nifty index with 7900 spot as immediate target on the down side.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 26620 26450 26304.20 26130 25985
NIFTY 8060 8000 7955.45 7900 7850
BANKNIFTY 17460 17200 16995.10 16790 16600
CNX-IT 11680 11550 11414.45 11300 11140
News -
  • Arvind Limited posted consolidated net profit of Rs 95 crore for the second quarter ended September 2015, marginally down by 2% from Rs 97 crore in the same period last year.
  • Bajaj Electricals reported a standalone net profit of Rs 11.26 crore for the second quarter ended September 30. The company had registered a net loss of Rs 14.21 crore in the same quarter of the previous fiscal.
  • Pratibha Industries has bagged a water supply project order worth Rs. 1,023.62 crore from the Telangana government.
  • L&T won orders worth Rs. 2,048 crore across various business verticals in October 2015.
 
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
CADILAHC BUY 429.4 422 - 426 415 445 3-5 Days
CENTURYTEX SELL NOV FUT 525.4 532 - 538 555 490 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
ARVIND BUY 290 CE 7.10 6 4 12 3-5 Days
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
KOTAKBANK BUY 650.60 705.10 900
Note – For our running recommendations and past performance, please click here
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