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04 Dec 2016 | 5:45 PM
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Equity Research Report: Religare Morning Digest

From hereon, all indications are pointing towards 7600 mark or even lower level in near future so traders should align their trades accordingly.
19 Nov 2015 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day - From hereon, all indications are pointing towards 7600 mark or even lower level in near future so traders should align their trades accordingly.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 25900 25700 25482.52 25330 25090
NIFTY 7860 7800 7731.80 7680 7600
BANKNIFTY 17220 17000 16812.10 16660 16500
CNX-IT 11050 10940 10836.70 10730 10650
News -
  • GMR Infrastructurejumped 7.5% on BSE after the revision of power tariff for GMR Kamalanga Energy following an order passed by CERC to boost GMT group's EBITDA by Rs 120 crore going forward.
  • The Cabinet has cleared the sale of another 10% stake in state-run Coal India that could raise as much as $3 billion, as the Government seeks more funds to spend on infrastructure.
  • Jet Airways, IndiGo and SpiceJet said they would pursue legal steps against CCI order imposing penalties totaling Rs 258 crore on them for anti-competitive practices related to air cargo.
 
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
DABUR BUY 269.05 266-268 260 285 3-5 Days
SRTRANSFIN SELL NOV FUT 853.40 860-62 878 825 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
SBIN BUY 240 PE 4.35 3.5 2 7 3-5 Days
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
DIVISLAB BUY 1132.25 1189.60 1305
Note – For our running recommendations and past performance, please click here
Research Disclaimer
 
Regenerate OTP
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