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09 Dec 2016 | 9:33 PM
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Equity Research Report: Religare Morning Digest

Considering the prevailing volatility, day traders are advised to maintain extra caution and prefer low beta stocks with strict management rules.
29 Jul 2015 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day -Considering the prevailing volatility, day traders are advised to maintain extra caution and prefer low beta stocks with strict management rules.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 27770 27575 27459.23 27350 27230
NIFTY 8440 8375 8337.00 8300 8250
BANKNIFTY 18580 18415 18282.80 18150 18000
CNX-IT 11575 11440 11306.25 11190 11075
News -
  • Maruti Suzuki India reported net profit of Rs. 1,193 crore for the first quarter. This was up 56 per cent as compared to same period last year. The company’s total sales rose 13.8% to 3.41 lakh vehicles in Q1 June 2015 over Q1 June 2014.
  • PNB’s net profit dropped 48.7% to Rs 720.71 crore on 4.73% rise in total income to Rs 13432.05 crore in Q1 June 2015 over Q1 June 2014. Net interest income slipped by 6.3 percent to Rs 4,102 crore from Rs 4,380 crore during the same period.
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
EMAMILTD BUY 1213.1 1190 –1200 1170 1260 3-5 Days
M&MFIN SELL AUG FUT 259.5 262-264 270 245 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
AXISBANK BUY AUG 580 CE 13.90 13 2 12 3-5 Days
SELL AUG 600 CE 8.10 8
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
DISHTV BUY 113.15 106.70 128
Note – For our running recommendations and past performance, please click here
Research Disclaimer
 
Regenerate OTP
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