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11 Dec 2016 | 3:42 AM
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Equity Research Report: Religare Morning Digest

We believe, from the current levels downside is limited in Nifty index but stock specific move may continue. Traders are advised to maintain extra caution due to prevailing earning season and derivatives expiry scheduled coming Thursday.
28 Jul 2015 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day -We believe, from the current levels downside is limited in Nifty index but stock specific move may continue. Traders are advised to maintain extra caution due to prevailing earning season and derivatives expiry scheduled coming Thursday.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 27920 27750 27561.38 27380 27230
NIFTY 8475 8420 8361.00 8300 8250
BANKNIFTY 18580 18400 18232.05 18040 17950
CNX-IT 11575 11465 11357.35 11240 11100
News -
  • Aurobindo Pharma has received final approvals from the US Food & Drug Administration to manufacture and market Esmolol Hydrochloride Injection.
  • Rajesh Exports (REL) through it's wholly owned subsidiary in Singapore has fully acquired European Gold Refineries, the 100% holding company of Valcambi in an all cash deal with a total investment of $400 million.
  • AstraZeneca sells rare cancer drug to Sanofi for upto $300 million.
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
CADILAHC BUY 1914.5 1880 –1900 1820 2080 3-5 Days
PTC SELL AUG FUT 68.2 69 –69.5 72 63 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
JUBLFOOD SELL AUG FUTS 1790.80 1818 1872 1740 3-5 Days
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
DISHTV BUY 117.75 106.70 128
Note – For our running recommendations and past performance, please click here
Research Disclaimer
 
Regenerate OTP
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