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04 Dec 2016 | 8:16 PM
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Equity Research Report: Religare Morning Digest

Nifty has again reached closer to its immediate hurdle of 7930 and now all depends upon progress of the winter session of the parliament.
27 Nov 2015 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day - Nifty has again reached closer to its immediate hurdle of 7930 and now all depends upon progress of the winter session of the parliament.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 26320 26100 25958.63 25760 25640
NIFTY 8000 7930 7883.80 7820 7780
BANKNIFTY 17350 17180 17036.55 16890 16730
CNX-IT 11260 11150 11042.95 10950 10800
News -
  • Somany Ceramics has added another durable product to its existing tiles portfolio viz. rock solid stone tiles. Stone 16 floor tiles are the extra strong floor tiles ideal for outdoor usage.
  • Dr Reddy's Laboratories dropped more than 8% after the USFDA in its warning letter stated it may ban all products made at certain facilities of the company unless they conform to prescribed global manufacturing standards.
  • Stocks of liquor makers fell after Bihar today said that the State will go dry from April 1.
 
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
LICHSGFIN BUY 474.85 470-472 459 498 3-5 Days
SYNDIBANK SELL DEC FUT 90.40 91.50-92 95 85 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
IDEA BUY DEC 145 CE 3.75 3 1.5 7 3-5 Days
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
DIVISLAB BUY 1129.10 1189.60 1305
Note – For our running recommendations and past performance, please click here
Research Disclaimer
 
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