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10 Dec 2016 | 9:47 AM
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Equity Research Report: Religare Morning Digest

We firmly believe that markets will further consolidate within a broader range of 8100-8400 in near future.
23 Oct 2015 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day -We firmly believe that markets will further consolidate within a broader range of 8100-8400 in near future.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 27560 27420 27287.66 27180 27000
NIFTY 8335 8290 8251.70 8220 8180
BANKNIFTY 18000 17860 17710.55 17580 17420
CNX-IT 11800 11675 11549.05 11400 11260
News -
  • HDFC Bank net profit rose 20.49% to Rs 2869.45 crore on 24.68% rise in total income to Rs 17324.28 crore in Q2 September 2015 over Q2 September 2014.
  • Everest Industries reported net loss of Rs 2.28 crore in Q2 September 2015 as compared with net profit of Rs 3.37 crore in Q2 September 2014.
  • Bajaj Auto net profit surged 57.9% to Rs 933.06 crore on 2.85% growth in total income to Rs 6250.42 crore in Q2 September 2015 over Q2 September 2014.
 
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
TORNTPHARMA BUY 1582.15 1570 - 1580 1520 1700 3-5 Days
ANDHRABANK SELL OCT FUT 68.05 68.5 - 69 71 62 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
RECLTD BUY FUTS 261.30 260 255 270 3-5 Days
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
KOTAKBANK BUY 656.60 705.10 900
Note – For our running recommendations and past performance, please click here
Research Disclaimer
 
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