20 Nov 2017 | 1:45 PM
Research Report
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Equity Research Report: Religare Morning Digest

After Friday's surge, we expect Nifty to test 7690-7800 ahead so maintain buy on dips but stick only with the quality stocks.
21 Mar 2016 | 07:00 AM

    Religare Morning Digest – Highlights for today
 
Market Outlook for the day -After Friday's surge, we expect Nifty to test 7690-7800 ahead so maintain buy on dips but stick only with the quality stocks.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 25350 25200 24952.74 24730 24575
NIFTY 7730 7690 7604.35 7530 7480
NIFTYBANK 16000 15800 15654.85 15400 15250
NIFTYIT 11420 11300 11159.70 11030 10900
News -
  • Reliance Power board approved issue of non-convertible debentures for an aggregate amount not exceeding Rs 1000 crore.
  • Torrent Pharmaceuticals has successfully obtained the Establishment Inspection Report from the United States Food and Drug Administration for its plant located at Dahez SEZ, in Gujarat.
  • Glenmark Pharmaceuticals has received tentative approval from the US health regulator for its generic version of Vimpat Oral Solution, used in treatment of epilepsy.
 
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
UPL BUY 441 440-442 422 480 3-5 Days
HAVELLS BUY 292.20 290-293 282 315 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
BANKBARODA BUY APRIL FUTS 145.55 144-145 138 160 3-5 Days
 
Master Pick (1-2 Months)
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target
VOLTAS BUY 269.10 265-270 245 325
To read complete report, please click here
 
Fundamental Picks for delivery (9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
SMLISUZU BUY 750.70 869.00 1150
JYOTHYLAB BUY 282.25 272.40 330
SUPREMEIND BUY 791.55 699.30 840
Note – For our running recommendations and past performance, please click here
**Please note that the given technical and derivative recommendations will be considered as initiated only if they trades within the given range on the recommended date.
Research Disclaimer