16 Dec 2017 | 9:04 AM
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Equity Research Report: Religare Morning Digest

We believe stock specific decline will be steeper if the Nifty index falls further, nearest support for the index is at 8400 levels.
11 Aug 2015 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day -We believe stock specific decline will be steeper if the Nifty index falls further, nearest support for the index is at 8400 levels.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 28475 28325 28101.72 27980 27820
NIFTY 8650 8600 8525.60 8490 8440
BANKNIFTY 19200 19050 18875.00 18740 18600
CNX-IT 11800 11720 11573.90 11490 11380
News -
  • Wockhardt reported net loss of Rs 24.98 crore in the quarter ended June 2015 as against net profit of Rs 5.35 crore during the previous quarter ended June 2014.
  • Chambal Fertilisers & Chemicals net profit rose 81.09% to Rs 146.32 crore in the quarter ended June 2015 as against Rs 80.80 crore during the previous quarter ended June 2014.
  • Adani Ports and SEZ Ltd (APSEZ) reported a 13% increase in consolidated PAT to Rs 640 cr as compared to the same period last fiscal.
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
GRUH BUY 255.25 252– 254 245 275 3-5 Days
HINDALCO SELL FUT 107.2 107– 108 112 100 3-5 Days
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
DISHTV BUY 118.95 106.70 128
Note – For our running recommendations and past performance, please click here
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