Indian Indices
Global Indices
Commodity (SPOT)
Currency (SPOT)
11 Dec 2016 | 2:42 AM
Research Report
Daily

Equity Research Report: Religare Morning Digest

We believe, 7550-7500 is next important support zone. Till these levels are held on the down side, there are higher chances that it can test 7700-7725 level shortly.
11 Jan 2016 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day -We believe, 7550-7500 is next important support zone. Till these levels are held on the down side, there are higher chances that it can test 7700-7725 level shortly.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 25310 25175 24934.33 24775 24600
NIFTY 7720 7675 7601.35 7550 7500
BANKNIFTY 16400 16260 16142.65 15980 15800
NIFTYIT 11220 11085 10989.55 10860 10740
News -
  • IVRCL has announced that the company has bagged orders worth Rs. 350.96 crore in the irrigation and water business divisions.
  • Bharti Airtel committed to an investment of Rs. 3,500 crore in West Bengal over the next three years.
  • Steel Authority of India almost 2% after the central and Odisha governments have in-principle approved the prospecting licence of Thakurani mines for the company.
 
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
CROMPGREAV BUY 192.95 190-191 184 205 3-5 Days
CAIRN SELL JAN FUT 130.50 133-134 137 125 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
NIFTY BUY 7500 PE 78 65 80 10 3-5 Days
SELL 4, 7300 PE 35.55 30
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
NDL BUY 151.00 150 183
Note – For our running recommendations and past performance, please click here
Research Disclaimer
 
Regenerate OTP
Thank You for your interest in Religare Online. Our Representative will get in touch with you shortly.