19 Aug 2017 | 11:26 PM
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Equity Research Report: Religare Morning Digest

Nifty has reached near to its immediate hurdle of 7950 so traders should maintain caution and try to keep their trading positions hedged. Besides, they should avoid high beta counters and uphold strict risk management rules.
16 Sep 2015 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day -Nifty has reached near to its immediate hurdle of 7950 so traders should maintain caution and try to keep their trading positions hedged. Besides, they should avoid high beta counters and uphold strict risk management rules.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 26060 25825 25705.93 25480 25270
NIFTY 7950 7870 7829.10 7760 7690
BANKNIFTY 17120 16920 16739.55 16535 16350
CNX-IT 11750 11640 11536.35 11400 11250
News -
  • Sun Pharmaceutical Industries has reportedly bid to acquire US-based eye care company InSite Vision Inc., as its expands its basket of specialty products to boost sales.
  • ABB has won orders worth around Rs. 119 crore to provide plant electrification, automation and substation solutions for solar power plants.
  • Gujarat Gas hit a lower circuit limit of 5% at Rs 646 on NSE on relisting on the stock exchanges on 15 September 2015.
 
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
IBULHSGFIN BUY 749.8 740 - 745 730 780 3-5 Days
CANBK SELL FUTS 261.80 265-267 274 245 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
JSWSTEEL SELL FUTS 949.90 953 965 930 3-5 Days
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
KOTAKBANK BUY 640.00 705.10 900
Note – For our running recommendations and past performance, please click here
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