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26 Oct 2016 | 10:33 AM
Research Report

Equity Research Report: Religare Weekly Equity

Nifty managed to settle higher in the passing week, after three consecutive weeks of fall. More importantly, it traded above its 200 EMA level (7780) on daily chart for the entire week and finally settled above the same.
13 May 2016 | 06:00 PM

  • We strongly believe, 7750 is crucial for the index, sustenance above the same will open the gates for 8000 plus levels in near-term.
  • Though we don't have any major event lined up in the coming week, volatility will continue to remain high, due to prevailing earning season and tracking global cues.
  • In such market scenario’s where broader markets are not offering ample opportunities, sector and stock selection remains the key. Traders should plan their trades accordingly and maintain strict risk management rules.
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