21 Aug 2017 | 12:19 PM
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Equity Research Report: Religare Morning Digest

The next two sessions will be decisive for the markets and all depends upon the outcome of much awaited US Fed meet. Meanwhile, traders should maintain extra caution and keep their trading positions balanced.
16 Dec 2015 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day - The next two sessions will be decisive for the markets and all depends upon the outcome of much awaited US Fed meet. Meanwhile, traders should maintain extra caution and keep their trading positions balanced.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 25745 25520 25320.44 25090 24960
NIFTY 7825 7750 7700.90 7620 7580
BANKNIFTY 16700 16550 16398.65 16200 16000
NIFTYIT 11260 11150 11058.25 10950 10800
News -
  • Shares of Adani Enterprises rose on expectations that $15 billion Carmichael coal mine may get clearance for mining. This project is stuck since 2010 for want of green nod.
  • Alstom T&D India said that there has not been any material loss/damage to the property and assets of the company due to recent floods in Chennai, although it said that some deliveries would get delayed.
  • Heritage Foods Ltd will be setting up of a Wind Power Project in Andhra Pradesh for captive consumption.
 
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
SKSMICRO BUY 460.90 458-461 446 490 3-5 Days
COALINDIA SELL DEC FUT 314.85 318-320 326 302 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
COLPAL BUY FUTS 1005.65 985-990 960 1050 3-5 Days
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
HERITGFOOD BUY 530.75 525 640
Note – For our running recommendations and past performance, please click here
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