17 Nov 2018 | 11:51 PM
Research Report
Weekly

Equity Research Report: Religare Weekly Equity

Nifty closed almost flat in the holiday shortened week and settled at 10,585.20 in the end. It traded in a narrow range throughout the week while stock specific move kept the participants busy.
09 Nov 2018 | 07:00 PM

  • In line with the benchmark index, mostly sectoral indices traded mixed and failed to make any major progress. The broader market indices too witnessed similar trend and ended marginally higher.
  • Technically, we feel it’s a healthy pause and indications are favorable for further up move. However, 10,700-10,800 would continue to act as hurdle. It’s advisable to stick with stock specific trading approach and focusing on trade management.