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19 Jan 2017 | 9:09 PM
Research Report

Equity Research Report: Religare Weekly Equity

Nifty index traded volatile roughly within 7240-7471 level and managed to end flat; thanks to the recovery on last traded day of the week.
22 Jan 2016 | 06:00 PM

  • In the coming week, global event like FOMC meet and quarterly results of some of the frontline stocks - ICICIBANK, HDFCBANK, HDFC will dictate the market trend to major extent.
  • Last week, Nifty rebound from its crucial support zone of lower trend line of the declining channel formation. Now, 7550-7600 spot would act as immediate hurdle.
  • Considering the mixed signals and upcoming events, traders should uphold cautious approach and avoid overleveraging at present.
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