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08 Dec 2016 | 2:47 PM
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Equity Research Report: Religare Morning Digest

We are upholding cautious view on Nifty index as still it is unable to cross 8200 mark on closing basis.
12 Oct 2015 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day -We are upholding cautious view on Nifty index as still it is unable to cross 8200 mark on closing basis.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 27345 27200 27079.51 26900 26765
NIFTY 8275 8225 8189.70 8135 8090
BANKNIFTY 18000 17800 17590.25 17390 17150
CNX-IT 12200 12030 11807.55 11645 11475
News -
  • Aurobindo Pharma Ltd has received final approval from the US Food & Drug Administration (USFDA) to manufacture and market Aripiprazole tablets. The product is ready for launch.
  • Indusind Bank's net profit rose 30.18% to Rs 560.04 crore on 20.47% growth in total income to Rs 3581.31 crore in Q2 September 2015 over Q2 September 2014. The gross non-performing assets (GNPAs) stood at Rs 602.10 crore as on 30 September 2015, compared with Rs 570.12 crore as on 30 June 2015 and Rs 654.54 crore as on 30 September 2014.
 
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
TVSMOTOR BUY 239.35 235 - 237 229 255 3-5 Days
BANKINDIA SELL OCT FUT 144.8 146 - 148 151 135 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
ONGC BUY 265 CE 7.15 6.50 4 12 3-5 Days
 
Master Pick (1-2 Months)
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target
NBCC BUY 1013.20 995-1020 930 1200
To read complete report, please click here
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
KOTAKBANK BUY 659.50 705.10 900
Note – For our running recommendations and past performance, please click here
Research Disclaimer
 
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