Indian Indices
Global Indices
Commodity (SPOT)
Currency (SPOT)
10 Dec 2016 | 11:46 AM
Research Report
Daily

Equity Research Report: Religare Morning Digest

Markets will react to the outcome of the US Fed meet in early deals on Thursday and hence we suggest traders to let the markets stabilise first before initiating any fresh trade.
17 Mar 2016 | 07:00 AM

    Religare Morning Digest – Highlights for today
 
Market Outlook for the day -Markets will react to the outcome of the US Fed meet in early deals on Thursday and hence we suggest traders to let the markets stabilise first before initiating any fresh trade.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 25020 24830 24682.48 24500 24330
NIFTY 7610 7550 7498.75 7440 7380
NIFTYBANK 15800 15620 15461.70 15200 15000
NIFTYIT 11100 10930 10803.20 10680 10550
News -
  • Reliance Power's subsidiary Sasan Power Ltd has been accorded permission from the Ministry of Coal to mine 17.20 million tonne from its Moher and Moher Amlohri Extension coal mines in 2015-16.
  • Royal Enfield has launched the Himalayan, a motorcycle purpose-built for adventure and touring in the Himalayas. The vehicle is priced at Rs. 1,55,545 (ex-showroom) and Rs. 1,78,872 (on-road) in Mumbai.
  • Cipla Ltd has made an additional investment of $3 million in the US-based Chase Pharmaceuticals engaged in developing novel approaches to improve treatments for Alzheimer’s disease.
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
BHARATFORG BUY 810.55 805-810 785 860 3-5 Days
CIPLA BUY 531 525-530 510 570 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
TV18BRDCST BUY MAR FUTS 39.60 39-39.30 37.80 42 3-5 Days
 
Fundamental Picks for delivery (9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
SMLISUZU BUY 749.90 869.00 1150
JYOTHYLAB BUY 286.85 272.40 330
SUPREMEIND BUY 777.15 699.30 840
Note – For our running recommendations and past performance, please click here
Research Disclaimer
Regenerate OTP
Thank You for your interest in Religare Online. Our Representative will get in touch with you shortly.