17 Aug 2017 | 8:07 PM
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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
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