26 Feb 2017 | 8:09 AM
Research Report
Daily

Equity Research Report: Religare Morning Digest

The way Nifty closed on Friday, we expect rebound to continue in the coming trades as well with hurdles around 7500-7550 mark.
25 Jan 2016 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day -The way Nifty closed on Friday, we expect rebound to continue in the coming trades as well with hurdles around 7500-7550 mark.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 24800 24650 24435.66 23300 23100
NIFTY 7550 7500 7422.45 7380 7325
NIFTYBANK 16000 15800 15497.55 15350 15100
NIFTYIT 11250 11070 11006.70 10850 10690
News -
  • L&T Finance Holdings consolidated net profit rose 16.71% at Rs 211.96 crore on 15.66% growth in total income to Rs 1864.02 crore in Q3 December 2015 over Q3 December 2014.
  • Biocon consolidated net profit rose 13.31% to Rs 103 crore on 9.89% growth in total income to Rs 856.10 crore in Q3 December 2015 over Q3 December 2014.
  • L&T’s construction division has secured a major order worth Rs 1213 crore from the Dedicated Freight Corridor Corporation of India.
 
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
IGL BUY 570.20 560-565 545 610 3-5 Days
SRTRANSFIN SELL FEB FUT 756.25 765-770 790 720 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
BANKNIFTY BUY 1 LOT JAN 15900 CE 34.95 40 30 100 2-3 Days
SELL 3 LOTS 16000 JAN CE 24.50 30
 
Master Pick (1-2 Months)
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target
EMAMILTD BUY 1010.05 995-1012 948 1150
To read complete report, please click here
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
NDL BUY 133.75 150 183
Note – For our running recommendations and past performance, please click here
Research Disclaimer