Buy Dabur India Ltd For Target Rs.315.00 - Religare Sec

Investment Rationale

* Dabur India is one of the leading FMCG companies in India, which operates in various product categories, such as hair care, oral care, health supplements, foods, OTC and Ethicals, skin care, home care and digestives. The company generates around 66% revenues from the domestic market, while overseas business contributes 30%.

4/03/2017 3:31:02 PM | Posted in Broking Firm Views - Short Term Report read full news
Derivative Ideas Nifty - Religare Sec

DERIVATIVES OUTLOOK

* Nifty Mar futures volume weighted average price (VWAP) is at 8920 and Banknifty futures is at 20700.

* Nifty futures rolled around 73% and Banknifty futures rolled around 60% into next contract.

* Call writing was seen at 9000 & 9100 strike and put writing was seen at 8700 & 8800 strikes. Highest positi

4/03/2017 12:28:00 PM | Posted in Broking Firm Views - Short Term Report read full news
Buy Arvind Ltd For Target Rs.402.00 - Religare Sec

Strategy:

Arvind march fut has seen good short covering and with previous long positions intact during expiry,it is likely to head towards 402 in the short term.

 

Strategy:

BUY Arvind march fut @382,sloss at 372,target 402.

 

To Read Complete Report & Disc

4/03/2017 12:25:56 PM | Posted in Broking Firm Views - Short Term Report read full news
Buy GlaxoSmithKline Consumer Healthcare Ltd For Target Rs.5,916.00 - Reliance Sec

STOCK IN FOCUS

* GlaxoSmithKline Consumer Healthcare closed 0.6% up in trade today at Rs5,108 vs. 0.5% fall in benchmark Nifty.

* GSK Consumer is the market leader in health food drinks industry with market share of 70%. With its flagship brands Horlicks and Boost, it has successfully fend off competition from likes of Heinz

3/03/2017 12:45:54 PM | Posted in Broking Firm Views - Short Term Report read full news
Sell L&T Finance Holdings Ltd For Target Rs.104.00 - Reliance Sec

* The stock reversed forming Double Top pattern around Rs119 and later slipped to one week low after a strong up move.

* Negative cross-over in Stochastic & RSI are signaling about weakness in the stock.

* We believe the stock will remain in pressure for the short-term to correct to its medium term moving averages.

* Thus, short position can be initiated around

3/03/2017 12:40:58 PM | Posted in Broking Firm Views - Short Term Report read full news
Derivative Ideas Arvind Ltd For Target Rs.392.00 - Religare Sec

Derivative Ideas

Textile as a sector has seen good long rolls in the month of march.Arvind march fut has also seen fresh long buil dup at 378-380 average price.We expect the stock to rally till 392 in the short term.

 

Strategy:

BUY Arvind march fut @378-380 ,sloss at 372.50,target 392

3/03/2017 12:33:38 PM | Posted in Broking Firm Views - Short Term Report read full news
Buy Hindustan Unilever Ltd For Target Rs.910.00 - Religare Sec

Hindustan Unilever Limited (HINDUNILVR)

HINDUNILVR has been holding strong above its long and mid-term moving averages (200/100 EMA’s), placed on daily chart. Further, it has witnessed breakout from its consolidation zone today, supported by decent volumes.

 

Recommendation

3/03/2017 9:56:49 AM | Posted in Broking Firm Views - Short Term Report read full news
Buy ARVIND Ltd For Target Rs.405.00 - Reliance Sec

* The stock has seen a decent correction from the high of 425 levels and consistently making higher bottoms after touching the bottom at 340 levels.

* The key technical indicators and RSI has also reversed turning upwards and as the stock is in poised for a breakout from current levels.

* The stock is consistently trading above its short term averages in the past few days, a

2/03/2017 12:15:31 PM | Posted in Broking Firm Views - Short Term Report read full news
Buy Mangalam Cement Ltd For Target Rs.370.00 - Reliance Sec

STOCK IN FOCUS

* Mangalam Cement (MCL) surged ~3% in yesterday’s trade on the expectation of better performance ahead with the possible improvement in sales volume in coming weeks mainly to be aided by Aligarh Grinding Unit.

* MCL’s initiatives in the form of multi fuel usability, new railway siding and thrust on

2/03/2017 12:09:52 PM | Posted in Broking Firm Views - Short Term Report read full news
Derivative Ideas SBIN Ltd For Target Rs.8.00 - Religare Sec

Derivative Ideas

SBIN has created a fresh buying pivot on daily charts, and it is also trading above important short term as well as long term moving averages on same time frame. Put writing was seen at 270 strike and call buying was seen at 275 strike. We expect it to rally till 283 levels in short term. Hence, we suggest doing bull c

2/03/2017 12:00:30 PM | Posted in Broking Firm Views - Short Term Report read full news
Buy Bharat Forge Ltd For Target Rs.1110.00 - Religare Sec

Bharat Forge Limited (BHARATFORG)

BHARATFORG has been witnessing profit taking for last one week or so and has retraced to the im-mediate support zone of 50 EMA on the daily chart. It’s normal decline after a strong surge, offering fresh opportunity to enter.

2/03/2017 9:36:47 AM | Posted in Broking Firm Views - Short Term Report read full news

Buy NCC Ltd For Target Rs.100.00 - Reliance Sec

STOCK IN FOCUS

* NCC Ltd (NCC) gained over 3% in yesterday’s trade on the expectation of better performance in ensuing quarters.

* With a balanced presence across infrastructure verticals (10 segments), geographical diversification and prequalification to undertake projects in most verticals, NCC is best-placed to cash in on imminent op

1/03/2017 12:55:01 PM | Posted in Broking Firm Views - Short Term Report read full news
Buy Apollo Tyres Ltd For Target Rs.12.00 - Religare Sec

Derivative Ideas

APOLLOTYRE added around 1.60% of open interest as long positions. Call buying was seen at 195 strike and some put writing was seen at 185 & 180 strike. We suggest buying 195 CE as per mentioned levels.

 

Strategy:

BUY APOLLOTYRE 195 CE AT 4.50-5, SL 1.80, TARGET 12

1/03/2017 9:49:45 AM | Posted in Broking Firm Views - Short Term Report read full news
Buy Indiabulls Real Estate Ltd For Target Rs.88.00 - Religare Sec

Indiabulls Real Estate Limited ( IBREALEST)

IBREALEST has been holding strong above its long and mid-term moving averages(200/100 EMA’s) on daily chart. Further, it has witnessed breakout from its congestion zone today, indicating buyers inter-est at current levels.

1/03/2017 9:44:45 AM | Posted in Broking Firm Views - Short Term Report read full news

Buy Havells India Ltd For Target Rs.432.00 - Religare Sec

Havells India Limited (HAVELLS)

HAVELLS has been rebounded from its short-term moving average i.e. 50 day EMA on daily chart, offering fresh opportunity to enter. Hence, we sug-gest traders should accumulate this stock in the mentioned range.

1/03/2017 9:37:45 AM | Posted in Broking Firm Views - Short Term Report read full news

Buy Apollo Tyre Ltd For Target Rs.199.00 - Reliance Sec

Technical Research

* The stock is making higher bottoms on daily charts in the past days, with crossover of short term averages confirming the uptrend and we believe the stock risk reward is very favorable.

* The key technical indicators and RSI are showing signs of reversal on the upside with strong volume in the past few days poised for a b

28/02/2017 10:48:45 AM | Posted in Broking Firm Views - Short Term Report read full news
Buy Cyient Ltd For Target Rs.565.00 - Reliance Sec

STOCK IN FOCUS

* Cyient’s stock price rose 0.8% in yesterday’s trade, while the BSE Sensex declined by 0.3%.

* Cyient’s 3QFY17 revenue fell 0.5% QoQ (+0.6% QoQ in CC terms), a soft performance as expected.

* A key positive sign was the healthy increase in order book metrics, with QoQ growth of 292% in core services

28/02/2017 10:43:00 AM | Posted in Broking Firm Views - Short Term Report read full news
Technical Recommendation 28th February 2017

Ashok Leyland Limited (ASHOKLEY)

TECHNICAL RATIONALE – ASHOKLEY has been witnessing profit taking for last three sessions and reached near to its long term moving average 100 day EMA on daily chart. It is a normal slide after a surge, offering fresh opportunity to enter.

28/02/2017 9:29:13 AM | Posted in Broking Firm Views - Short Term Report read full news

Derivative Ideas Britannia Industries Ltd For Target Rs. 3400.00 - Religare Sec

Derivative Ideas

BRITANNIA— Delivery based buying was seen in previous session, and also added around 0.50% of open interest as fresh long positions. On charts, it is trading above short term as well as long term moving averages on daily charts, and also trading on verge of upside breakout from congestion zone of last four weeks

28/02/2017 9:14:24 AM | Posted in Broking Firm Views - Short Term Report read full news
Buy Jain Irrigation Systems Ltd For Target Rs. 96.00 - Religare Sec

Jain Irrigation Systems Limited (JISLJALEQS)

JISLJALEQS has retraced marginally from the top and offering fresh opportunity to enter. Existence of short term moving average (50 day EMA) and overall chart pattern are in the favor of strong re-bound in near future.

28/02/2017 9:11:09 AM | Posted in Broking Firm Views - Short Term Report read full news

Buy Cummins India Ltd  For Target Rs. 1010.00 - Religare Sec

Cummins India Limited (CUMMINSIND

CUMMINSIND has been consolidating in a range while holding strongly above its long term moving averages (200/100/50 EMA’s) on daily chart for last three weeks. And, now it looks all set for a fresh surge.

 

 

28/02/2017 9:08:20 AM | Posted in Broking Firm Views - Short Term Report read full news