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09 Dec 2016 | 6:33 PM
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Equity Research Report: Religare Morning Digest

We believe nearest support for Nifty index is placed at 8400 mark. Caution is advised as stocks may continue to trade volatile during day trade.
12 Aug 2015 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day -We believe nearest support for Nifty index is placed at 8400 mark. Caution is advised as stocks may continue to trade volatile during day trade.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 28150 28010 27866.09 27720 27600
NIFTY 8550 8510 8462.35 8410 8380
BANKNIFTY 18900 18780 18638.90 18500 18380
CNX-IT 11920 11800 11732.90 11600 11460
News -
  • Adani Enterprises consolidated net profit after adjusting for demerger rose 43% to Rs 380 crore on 9% decline in income from operations to Rs 11275 crore in Q1 June 2015 over Q1 June 2014.
  • Apollo Tyres consolidated net profit rose 27.48% to Rs 290.59 crore on 12.17% decline in total income to Rs 2870.78 crore in Q1 June 2015 over Q1 June 2014.
  • Tata Steel has posted a net profit of Rs. 762.96 cr for the quarter ended June 30, 2015 as compared to Rs. 337.33 cr for the quarter ended June 30, 2014. Total Income has decreased from Rs. 36643.35 cr for the quarter ended June 30, 2014 to Rs. 31062.5 cr for the quarter ended June 30, 2015.
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
TATACHEM BUY 469.95 469– 472 458 498 3-5 Days
BANKINDIA SELL FUT 163.6 165– 166 171 155 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
RELCAPITAL SELL 400 CE 4.85 5 7 1.5 3-5 Days
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
DISHTV BUY 119.60 106.70 128
Note – For our running recommendations and past performance, please click here
Research Disclaimer
 
Regenerate OTP
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