21 Sep 2017 | 5:04 AM
Research Report
Daily

Equity Research Report: Religare Morning Digest

We see this fall as normal profit taking after a substantial rise of over ten percent in a month and reiterate our buy on dips advice.
29 Mar 2016 | 07:00 AM

    Religare Morning Digest – Highlights for today
 
Market Outlook for the day -We see this fall as normal profit taking after a substantial rise of over ten percent in a month and reiterate our buy on dips advice.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 25400 25150 24966.40 24790 24600
NIFTY 7750 7675 7615.10 7560 7500
NIFTYBANK 15950 15770 15604.90 15400 15195
NIFTYIT 11420 11275 11168.70 11050 10900
News -
  • TVS Motor Company announced the launch of its new four stroke auto-geared two wheeler, TVS XL 100 in Maharashtra.
  • Biocon said that the Ministry of Health, Labour and Welfare of Japan has approved its biosimilar insulin Glargine.
  • Sadbhav Infrastructure Project said that it has been declared L1 or the lowest bidder for the two projects by National Highways Authority of India (NHAI).
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
BIOCON BUY 480.5 472-475 460 510 3-5 Days
RCOM SELL APR FUT 50.35 51-51.5 53 47 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
CESC SELL APRIL FUTS 468.25 474-476 488 445 3-5 Days
 
Fundamental Picks for delivery (9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
ATULAUTO BUY 521.80 506 580
JYOTHYLAB BUY 280.40 272.40 330
SUPREMEIND BUY 754.90 699.30 840
Note – For our running recommendations and past performance, please click here
**Please note that the given technical and derivative recommendations are "valid for taking position" if they trades within the given range on the recommended date.
Research Disclaimer