30 Mar 2017 | 10:25 AM
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Equity Research Report: Religare Morning Digest

After the recent up move, we might see some pause in Nifty on Wednesday; however, stock specific move will continue.
11 May 2016 | 07:00 AM

    Religare Morning Digest – Highlights for today
 
Market Outlook for the day -After the recent up move, we might see some pause in Nifty on Wednesday; however, stock specific move will continue.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 26050 25900 25772.53 25600 25450
NIFTY 7980 7930 7887.80 7835 7790
NIFTYBANK 17020 16900 16784.95 16600 16500
NIFTYIT 11280 11165 11034.40 10900 10740
News -
  • Kansai Nerolac Paints' promoter, Kansai Paint Company, acquired 1.37 crore shares, or 2.54% equity, in the paint maker through open market purchase on 6 May 2016. Post-acquisition, Kansai Paint Company holds 39.79 crore stake, or 73.83% equity, in Kansai Nerolac Paints.
  • UFO Moviez India has settled dispute with Real Image Media Technologies.
  • JSW Steel seven bidders shortlisted for Tata Steel's UK assets.
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
IBULHSGFIN BUY 686.35 680-685 660 735 3-5 Days
KOTAKBANK BUY 722.85 715-720 698 765 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
ULTRACEMCO BUY MAY FUTS 3189.60 3170-3180 3120 3300 3-5 Days
 
Fundamental Picks for delivery (9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
ATULAUTO BUY 464.55 506.00 580
JYOTHYLAB BUY 310.85 272.40 330
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