Sell Tata Communications Ltd For Target Rs.670.00 - Religare Sec

Tata Communications Limited

TATACOMM has been trading in a broader range from last one month, facing resistance around 770 level. On 4th July, it has witnessed a sharp plunge indicating negative bias. Hence, we advise traders to initiate fresh short in the mentioned range

5/07/2017 11:04:21 AM | Posted in Broking Firm Views - Short Term Report read full news

Buy Larsen & Toubro Ltd For Target Rs.1,740.00 - Religare Sec

Larsen & Toubro Limited

After a strong rally from 1300 to 1830 levels, LT has retraced marginal from its record high and found support around its medium term moving averages on daily chart. Considering its prevailing trend, we feel it’s an healthy pause where traders can accumulate fresh long in the given range

5/07/2017 10:56:54 AM | Posted in Broking Firm Views - Short Term Report read full news

Technical Recommendation 4th July 2017

SCRIP NAME AND SYMBOL - RBL Bank Limited

TECHNICAL RATIONALE – RBLBANK, after retracing from its record high, has consolidated around the support area of 100 EMA on the daily chart and formed a fresh buying pivot. The chart pattern combined with indications from the oscillators are pointing towards strong surge ahead. Thus we sug

4/07/2017 3:26:35 PM | Posted in Broking Firm Views - Short Term Report read full news