Indian Indices
Global Indices
Commodity (SPOT)
Currency (SPOT)
08 Dec 2016 | 4:39 AM
Research Report
Daily

Equity Research Report: Religare Morning Digest

Sustainability above 7930 is crucial in days to come. Meanwhile, traders are advised to uphold positive yet cautious approach and prefer only quality stocks for trading and investment.
30 Nov 2015 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day -Sustainability above 7930 is crucial in days to come. Meanwhile, traders are advised to uphold positive yet cautious approach and prefer only quality stocks for trading and investment.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 26460 26300 26128.20 25942 25760
NIFTY 8050 8000 7942.70 7880 7820
BANKNIFTY 17700 17545 17370.95 17160 16990
CNX-IT 11350 11230 11122.90 11030 10900
News -
  • ACC plans to open a series of cement brick-making units in partnership with dealers and social organisations.
  • Ashok Leyland bagged an order worth $200 million (around Rs. 1,331 crore) from Cote D’Ivoire for supplying 3,600 trucks and buses.
  • SKS Microfinance has cut interest rates by 100 basis points to 19.75%, effective December 7.
 
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
HDFCBANK BUY 1079.40 1075-1080 1055 1130 3-5 Days
ITC BUY 344.35 340-342 330 362 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
SBIN BUY 250 CE 8.35 8 2 8 3-5 Days
SELL 260 CE 4.50 4.5
 
Master Pick (1-2 Months)
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target
DISHTV BUY 105.25 102-106 94 132
To read complete report, please click here
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Price
Target
DIVISLAB BUY 1145.75 1189.60 1305
Note – For our running recommendations and past performance, please click here
Research Disclaimer
 
Regenerate OTP
Thank You for your interest in Religare Online. Our Representative will get in touch with you shortly.