21 Aug 2017 | 1:42 AM
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Equity Research Report: Religare Morning Digest

From hereon, sustainability around 7600 would subsidies the risk of further downside and help index to make a base for recovery.
09 Sep 2015 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day -From hereon, sustainability around 7600 would subsidies the risk of further downside and help index to make a base for recovery.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 25800 25550 25317.87 25050 24800
NIFTY 7850 7765 7688.25 7600 7540
BANKNIFTY 16820 16600 16350.95 16085 15900
CNX-IT 11670 11540 11390.10 11250 11120
News -
  • JSW Energy is all set to acquire Bina Thermal Power from Jaiprakash Power Ventures for about Rs 3500 crore. The power plant has an installed capacity of 500 megawatt and sufficient infrastructure to ramp it up to 1,500 megawatt (MW) with marginal investment.
  • Steel stocks rose on reports that an Indian government body has found evidence that rising imports of hot-rolled steel products pose a threat to the domestic industry.
 
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
DISHTV BUY 101.85 99 - 100 95 110 3-5 Days
CEATLTD BUY 1111.25 1095 - 1100 1060 1185 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
BHARATFORG BUY FUTS 1025.90 1020 996 1066 3-5 Days
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
KOTAKBANK BUY 620.40 705.10 900
Note – For our running recommendations and past performance, please click here
Research Disclaimer