18 Jul 2018 | 4:56 AM
Research Report

Equity Research Report: Religare Weekly Equity

At the onset of the passing week, Nifty tested its 200 EMA resistance barrier placed on daily chart which coincides with declining trend line (shown in chart), but couldn’t surpass that hurdle.
08 Apr 2016 | 06:00 PM

  • The disappointment from the monetary policy pushed bulls on the back foot and triggered profit taking across the board. Nifty remained under pressure thereafter and even slipped below 100 EMA. Going ahead, 7500 spot is the next important level which must be held else selling will intensify.
  • Next week, markets will be closely eyeing the beginning of earning season alongside with IIP and CPI numbers. However, the upcoming week is a holiday shortened one so expect excessive volatility with thin chance of witnessing any directional move.