20 Oct 2017 | 8:11 PM
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Equity Research Report: Religare Morning Digest

Nifty will react to Reliance Industries Q2 numbers which were announced post-market on Friday.
19 Oct 2015 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day -Nifty will react to Reliance Industries Q2 numbers which were announced post-market on Friday.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 27500 27300 27214.60 27000 26900
NIFTY 8330 8260 8238.15 8180 8140
BANKNIFTY 18200 18000 17912.85 17750 17600
CNX-IT 11550 11400 11337.80 11300 11200
News -
  • Reliance Industries reported consolidated Profit After Tax (PAT) of Rs 6,720 crore for the second quarter of the current financial year. The consolidated sales stood at Rs 70,901 crore.
  • Nestle India has received test results from all three laboratories mandated by the Bombay High Court to test Maggi Noodles samples.
  • Unichem Laboratories has received approval from the US health regulator for its Losartan Potassium tablets used in treatment of hypertension.
 
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
IOC BUY 405.55 400 - 402 390 425 3-5 Days
CIPLA BUY 679.45 678 - 682 665 720 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
HAVELLS BUY OCT FUT 260.55 259 251 280 3-5 Days
 
Master Pick (1-2 Months)
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target
PFS BUY 50.75 48-51 45 62
To read complete report, please click here
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
KOTAKBANK BUY 659.30 705.10 900
Note – For our running recommendations and past performance, please click here
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