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07 Dec 2016 | 1:47 AM
Research Report
Weekly

Equity Research Report: Religare Weekly Equity

In the passing week, Nifty remained extremely volatile and traded in a broader range of almost 400 points range (8100-8450). It finally settled down by more than one percent on weekly basis. It tested and bounced back after testing 100 EMA placed on daily chart which currently lies at 8085 level. We expect Nifty to trade within 8100-8450 range. Hence, traders are advised to buy around the lower band, i.e. 8100 mark and short sell around the upper band i.e. 8450 mark of this range.
09 Jan 2015 | 06:00 PM

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