27 Feb 2017 | 2:36 PM
Research Report
Daily

Equity Research Report: Religare Morning Digest

We reiterate our consolidation bias on Nifty index and suggest participants to uphold stock specific trading & investment approach.
31 Jul 2015 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day -We reiterate our consolidation bias on Nifty index and suggest participants to uphold stock specific trading & investment approach.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 28010 27820 27705.35 27585 27400
NIFTY 8520 8460 8421.80 8380 8320
BANKNIFTY 18720 18580 18440.40 18300 18190
CNX-IT 11655 11530 11394.55 11280 11150
News -
  • Dr Reddy's Laboratories consolidated net profit rose 13.67% to Rs 625.65 crore on 6.62% rise in total income to Rs 3770.25 crore in Q1 June 2015 over Q1 June 2014.
  • NTPC net profit fell 2.99% to Rs 2135.35 crore on 8.19% decline in total income to Rs 17323.30 crore in Q1 June 2015 over Q1 June 2014.
  • IDFC net profit declined 46.36% to Rs 240.88 crore on 2.34% rise in total income to Rs 2087.08 crore in Q1 June 2015 over Q1 June 2014.
  • ITC net profit rose 3.62% to Rs 2265.44 crore in the quarter ended June 2015 as against Rs 2186.39 crore during the previous quarter ended June 2014.
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
GODREJIND BUY 390.85 385 –386 372 410 3-5 Days
HINDALCO SELL AUG FUT 105.4 105 –106 109 98 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
HINDUNILVR BUY AUG 920 CE 25 24-25 12 48-50 3-5 Days
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
DISHTV BUY 115.55 106.70 128
Note – For our running recommendations and past performance, please click here
Research Disclaimer