25 Sep 2017 | 5:36 PM
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Equity Research Report: Religare Morning Digest

Market Outlook for the day - Considering the current market situation, it is advisable to keep a stock specific approach.
06 Dec 2013 | 07:00 AM

Market Outlook for the day - Considering the current market situation, it is advisable to keep a stock specific approach.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 21280 21120 20957.81 20820 20700
NIFTY 6350 6300 6241.1 6200 6160
BANK NIFTY 11850 11720 11665.1 11600 11450
CNXIT 8940 8900 8834.55 8720 8660
 
Corporate News

Cipla’s wholly owned subsidiary has acquired 100% stake in Croatia-based firm Celeris.

Jubilant Life Sciences has received a warning letter from the US Food and Drug Administration (FDA) for one of its manufacturing facilities, Jubilant HollisterStier, LLC located in Washington, US.

FACT has re-started liquid ammonia transportation on the waterways.

Wipro will discontinue manufacturing of Wipro branded desktops, laptops and servers to enable the company to focus on IT solutions and services.
 
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
ALBK BUY 92.55 CMP 91 95-98 3-5 DAYS
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
BHARTIARTL BUY DEC FUT 337.7 333-334 326 349 3-5 DAYS
 
Fundamental Picks for delivery (1 - 2 Years)
Large Caps

Bajaj-Auto, HCL Tech, HUL, M&M, NTPC, Sun Pharma, Lupin, ITC, L&T, TCS, Adani Ports&SEZ

Midcaps & Small Caps

Amara raja batteries, GCPL, Bata India, Shriram Transport Finance,
M&M Financial Services,  Havells India, Bajaj Corp Ltd, LIC housing, Yes Bank

Note – For our running recommendations and past performance, please click here
    Market Roundup
 
Key benchmark indices edged higher as exit polls on Wednesday predicted a strong showing for the Bharatiya Janata Party (BJP) in the recently concluded assembly elections in four states viz. Rajasthan, Madhya Pradesh, Chhattisgarh and New Delhi. But, the key benchmark indices trimmed a portion of the initial strong gains. BSE Sensex, fell below the psychological 21,000 mark, having alternately moved above and below that level in intraday trade. The market breadth, indicating the overall health of the market, was positive.