28 Apr 2017 | 10:47 PM
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Equity Research Report: Religare Morning Digest

So far, we have seen mixed set of numbers hence it’s unlikely for index to sustain above 8400 in near future. In such scenario, it’s advisable to keep a balanced approach and maintain positions in both directions.
27 Oct 2015 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day -So far, we have seen mixed set of numbers hence it’s unlikely for index to sustain above 8400 in near future. In such scenario, it’s advisable to keep a balanced approach and maintain positions in both directions.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 27700 27570 27361.96 27200 27090
NIFTY 8370 8330 8260.55 8220 8180
BANKNIFTY 18120 17940 17815.05 17680 17520
CNX-IT 11800 11675 11576.35 11440 11300
News -
  • HDFC net profit rose 18.19% to Rs 1604.56 crore on 12.13% rise in total income to Rs 7480.24 crore in Q2 September 2015 over Q2 September 2014.
  • Maruti Suzuki India Ltd launched premium hatchback Baleno, with the petrol variants of the car priced between Rs. 4.99 lakh and Rs. 7.01 lakh while the diesel variants are priced between Rs. 6.16 lakh and Rs. 8.11 lakh.
  • Inox Wind reported a 63.4% rise in consolidated net profit at Rs. 89.13 crore for the September quarter.
 
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
GODREJIND BUY 383.05 376 - 378 368 400 3-5 Days
ORIENTBANK SELL NOV FUT 138.10 139 - 140 145 130 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
YESBANK BUY 740 PE 9.10 7 3 15 3-5 Days
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
KOTAKBANK BUY 661.90 705.10 900
Note – For our running recommendations and past performance, please click here
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