21 Sep 2017 | 4:28 PM
Research Report
Daily

Equity Research Report: Religare Morning Digest

8420-8520 is important trading range for Nifty index, break and sustenance above/below this range will provide further direction.
20 Aug 2015 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day -8420-8520 is important trading range for Nifty index, break and sustenance above/below 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 28020 27931.64 27760 27580
NIFTY 8560 8520 8495.15 8420 8380
BANKNIFTY 19000 18860 18703.25 18560 18400
CNX-IT 12500 12370 12249.10 12130 12000
News -
  • Glenmark Pharmaceuticals said that its US subsidiary Glenmark Pharmaceuticals Inc., USA has received final approval from the US drug regulator for a generic medicine.
  • Amtek Auto fell 30% to Rs 89 on NSE after the National Stock Exchange announced that the bourse has decided to exclude the stock from its equity derivatives segment.
  • Everonn Education was locked at 20% upper circuit at Rs 33.05 on BSE after the company's board proposed conversion of loan into equity through preferential allotment of equity shares to the promoter group.
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
JUBLFOOD BUY 1795 1790– 1805 1740 1925 3-5 Days
RECLTD SELL FUT 257.6 256– 259 265 240 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
VOLTAS BUY 310 CE 6.30 6 2.8 11 3-5 Days
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
DISHTV BUY 115.65 106.70 128
Note – For our running recommendations and past performance, please click here
Research Disclaimer