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04 Dec 2016 | 7:41 AM
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Daily

Equity Research Report: Religare Morning Digest

The way markets have closed, we expect further rebound on Thursday as well; however, upside seems capped at 7800 in Nifty at present.
31 Mar 2016 | 07:00 AM

    Religare Morning Digest – Highlights for today
 
Market Outlook for the day -The way markets have closed, we expect further rebound on Thursday as well; however, upside seems capped at 7800 in Nifty at present.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 25700 25535 25338.58 25140 24900
NIFTY 7850 7800 7735.20 7670 7600
NIFTYBANK 16580 16400 16134.85 15930 15735
NIFTYIT 11600 11420 11254.55 11125 11000
News -
  • BHEL has commissioned first 250 MW unit at coal-based Nabinagar thermal power plant of Bhartiya Rail Bijlee Company Ltd in Aurangabad district of Bihar.
  • Suzlon has bagged a turnkey order of 48.30 MW wind power project located in the districts of Jaisalmer and Jodhpur in Rajasthan from Indian Oil Corporation Limited., the project is scheduled for completion by March 2017.
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
BERGEPAINT BUY 242.30 238-240 232 260 3-5 Days
EMAMILTD BUY 936.75 925-930 898 995 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
TV18BRDCST BUY APR FUTS 40.25 39.80-40.10 38.40 44.10 3-5 Days
 
Fundamental Picks for delivery (9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
ATULAUTO BUY 525.90 506 580
JYOTHYLAB BUY 282.30 272.40 330
SUPREMEIND BUY 730.30 699.30 840
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
Regenerate OTP
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