19 Oct 2017 | 2:45 AM
Research Report
Daily

Equity Research Report: Religare Morning Digest

We believe, 8420-8520 is a crucial trading range, an either side break from this range will provide further direction.
19 Aug 2015 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day -We believe, 8420-8520 is a crucial trading range, an either side break from this range will provide further direction.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 28130 28010 27831.54 27700 27575
NIFTY 8560 8520 8466.55 8420 8380
BANKNIFTY 19150 18980 18780.85 18660 18500
CNX-IT 12460 12300 12159.40 12000 11890
News -
  • Rating agency Moody's Investors Service today lowered India's growth forecast to 7 per cent for 2015, from 7.5 per cent projected earlier, citing monsoon concerns and cautioned that further risks to growth steSms from slow pace of reforms.
  • Adani Ports and Special Economic Zone signed a Concession Agreement for the development, operation and maintenance of the Vizhinjam International Deepwater Multipurpose Seaport project.
  • IL&FS Transportation Networks scheduled a board meeting on 26 August 2015 to consider issue of equity shares of the company on rights basis.
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
INDUSINDBK BUY 968.2 963– 975 948 1030 3-5 Days
HINDZINC SELL FUT 147.4 149– 151 154 138 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
TVSMOTOR BUY FUTS 230.05 228.50-229.50 223 244 3-5 Days
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
DISHTV BUY 116.65 106.70 128
Note – For our running recommendations and past performance, please click here
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