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22 Oct 2016 | 2:35 PM
Research Report

Equity Research Report: Religare Weekly Equity

Nifty settled on positive note in a holiday shortened week, Thursday and Friday being trading holidays on account of Holi and Good Friday.
23 Mar 2016 | 06:00 PM

  • The last three trading sessions attracted decent buying mainly in the rate sensitive pack. Banking, Realty, Auto indices along with housing finance companies witnessed noticeable buying interest, on account of rate cut expectations by the RBI.
  • Derivatives contracts from the month of March will expire in the coming week. Besides, auto companies will start declaring their monthly sales figures.
  • Technically, Nifty index has reached closer to its resistance zone of 7800 levels, which also coincide with 200 EMA on the daily chart. Considering all, we advice traders to keep trailing their stop losses with every rise, to avoid any notional loss in winning trades.
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