25 Apr 2017 | 6:30 AM
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Equity Research Report: Religare Morning Digest

Despite flat close on Thursday, we suggest maintaining positive bias till Nifty trades above 7400.
18 Mar 2016 | 07:00 AM

    Religare Morning Digest – Highlights for today
 
Market Outlook for the day -Despite flat close on Thursday, we suggest maintaining positive bias till Nifty trades above 7400.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 25020 24830 24667.37 24500 24330
NIFTY 7610 7550 7512.55 7440 7380
NIFTYBANK 15800 15620 15444.00 15250 15060
NIFTYIT 11225 11000 10923.50 10800 10680
News -
  • Bharti Airtel has entered into a definitive pact with Videocon Telecommunications to acquire the right to use the latter's spectrum in six telecom circles.
  • ONGC’s overseas investment arm signed a memorandum of understanding with Rosneft for the acquisition of 11% shares in Vankorneft, a wholly owned subsidiary of Rosneft.
  • TCS announced the successful launch of Norway's first peer-to-peer mobile payment solution with DNB, the largest financial services group in Norway.
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
BHARATFORG BUY 825.45 810-815 790 865 3-5 Days
CESC SELL MAR FUT 463.50 468-470 486 440 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
NIFTY SELL MAR 7600 CE 38.20 52-55 75 20 3-5 Days
 
Fundamental Picks for delivery (9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
SMLISUZU BUY 757.05 869.00 1150
JYOTHYLAB BUY 283.75 272.40 330
SUPREMEIND BUY 748.85 699.30 840
Note – For our running recommendations and past performance, please click here
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