25 Feb 2017 | 10:44 PM
Research Report
Daily

Equity Research Report: Religare Morning Digest

The recent correction is healthy for markets and we suggest maintaining stock specific trading approach during this consolidation phase.
07 Apr 2016 | 07:00 AM

    Religare Morning Digest – Highlights for today
 
Market Outlook for the day -The recent correction is healthy for markets and we suggest maintaining stock specific trading approach during this consolidation phase.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 25325 25100 24900.63 24700 24550
NIFTY 7750 7675 7614.35 7545 7500
NIFTYBANK 16030 15860 15636.95 15450 15240
NIFTYIT 11550 11400 11224.95 11145 11000
News -
  • Tata Motors rose 1.96% to Rs 377.75 after the company announced the commercial launch of its hatchback Tiago.
  • Dhanuka Agritech rose 1.19% to Rs 615.60 after the company said that District Industries Centre, Udhampur has approved substantial expansion of the company's Udhampur unit.
  • Inox Leisure gained 1.45% to Rs 199.65 after the company announced an agreement with IMAX Corporation for installing five IMAX theatre systems.
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
PRICOL BUY 45.30 45-45.5 41.5 55 3-5 Days
GLENMARK SELL APR FUT 774.85 770– 780 805 730 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
PIDILITIND BUY APR FUTS 603.35 595-598 583 627 3-5 Days
 
Fundamental Picks for delivery (9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
ATULAUTO BUY 506.95 506 580
JYOTHYLAB BUY 295.05 272.40 330
SUPREMEIND BUY 758.75 699.30 840
Note – For our running recommendations and past performance, please click here
**Please note that the given technical and derivative recommendations are "valid for taking position" if they trades within the given range on the recommended date.
Research Disclaimer