20 Aug 2017 | 5:24 AM
Research Report
Daily

Equity Research Report: Religare Morning Digest

Participants especially day traders should be ready for a volatile session on Thursday due to scheduled derivative expiry.
24 Sep 2015 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day -Participants especially day traders should be ready for a volatile session on Thursday due to scheduled derivative expiry.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 26175 25960 25822.99 25535 25300
NIFTY 7960 7890 7845.95 7750 7680
BANKNIFTY 17600 17420 17255.30 17000 16780
CNX-IT 12030 11850 11694.00 11580 11420
News -
  • Pfizer Ltd has entered into a Business Transfer Agreement (BTA) for the transfer of its business at the Thane plant as a going concern to Vidhi Research and Development LLP. The company has entered into the deal for a lumpsum consideration of Rs. 178 crore.
  • Sterlite Technologies has entered into a definitive agreement for the acquisition of Elitecore Technologies, a global telecom software product company.
  • Cadila Healthcare has fixed 7 October 2015 as record date for five-for-one stock split proposal.
 
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
BPCL BUY 876.75 870 - 875 855 920 3-5 Days
BHARTIARTL SELL OCT FUT 340.00 345 - 348 355 325 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
YESBANK BUY SEP FUTS 740.40 735 726 752 3-5 Days
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
KOTAKBANK BUY 658.65 705.10 900
Note – For our running recommendations and past performance, please click here
Research Disclaimer