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05 Dec 2016 | 1:54 AM
Research Report
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Equity Research Report: Religare Morning Digest

We reiterate our advice to maintain buy on dips strategy in index and stocks till 7750 is intact in Nifty.
13 May 2016 | 07:00 AM

    Religare Morning Digest – Highlights for today
 
Market Outlook for the day -We reiterate our advice to maintain buy on dips strategy in index and stocks till 7750 is intact in Nifty.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 26050 25920 25790.22 25630 25400
NIFTY 7980 7940 7900.40 7845 7770
NIFTYBANK 17200 17030 16923.70 16750 16550
NIFTYIT 11275 11165 11081.10 10960 10840
News -
  • Dr Reddy's Laboratories' net profit fell 85.62% to Rs 74.60 crore on 2.47% decline in total income to Rs 3786.90 crore in Q4 March 2016 over Q4 March 2015.
  • Arvind Ltd, has reported a consolidated net profit of Rs. 110 crore compared with Rs. 97 crore in the corresponding quarter last year, showing 14% growth on year-on-year basis.
  • TVS Motor Company has introduced a special “Himalayan Highs'' edition of TVS Scooty Zest 110.
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
GODREJCP BUY 1439.25 1400-1410 1370 1525 3-5 Days
DISHTV BUY 96.30 93-94 90 104 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
DHFL BUY MAY FUTS 207.75 202-204 195 225 3-5 Days
 
Fundamental Picks for delivery (9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
ATULAUTO BUY 473.90 506.00 580
JYOTHYLAB BUY 320.10 272.40 330
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
Regenerate OTP
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