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08 Dec 2016 | 8:46 PM
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Equity Research Report: Religare Morning Digest

The way things have panned out on both domestic and global front, we’re not going to see overnight reversal in equity markets. In fact, it would be better if Nifty spend some time around the current level and form a base prior to next directional move.
29 Jan 2016 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day -The way things have panned out on both domestic and global front, we’re not going to see overnight reversal in equity markets. In fact, it would be better if Nifty spend some time around the current level and form a base prior to next directional move.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 24800 24650 24469.57 24300 24100
NIFTY 7550 7500 7424.65 7380 7325
NIFTYBANK 15800 15600 15381.45 15100 14900
NIFTYIT 11270 11135 11002.70 10900 10790
News -
  • Dabur India consolidated net profit rose 12.65% to Rs 318.54 crore on 3.30% increase in total income to Rs 2187.37 crore in Q3 December 2015 over Q3 December 2014.
  • Syndicate Bank reported a net loss of Rs 119.67 crore in Q3 December 2015 compared with net profit of Rs 304.99 crore in Q3 December 2014.
  • Just Dial net profit fell 16.02% to Rs 26.99 crore on 14.58% increase in total income to Rs 180.90 crore in Q3 December 2015 over Q3 December 2014.
 
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
GAIL BUY 361.00 360-362 348 390 3-5 Days
TATAPOWER SELL FEB FUT 60.40 60-61 63 55 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
AJANTPHARM BUY FEB FUTS 1247.45 1244 1229 1275 3-5 Days
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
NDL BUY 138.10 150 183
Note – For our running recommendations and past performance, please click here
Research Disclaimer
 
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