Research

Special Reports

rep

Light House - A Quick Perspective - Vedanta Ltd. - 07 June 2018
Vedanta Ltd.

07 Jun 2018
Vedanta Limited is a natural resource company engaged in the business of manufacturing copper and copper products, and aluminum a
rep

Light House - A Quick Perspective - Godrej Industries Ltd. - 4 April 2018
Godrej Industries Ltd.

05 Apr 2018
GIL is a holding company for all major Godrej Group Companies. In the recent price correction and at relevant stakes in the subsi

Fundamental Research

Aurobindo Pharma Ltd.

10 Apr 2018

The company was founded by PV Ramprasad Reddy and K. Nithyananda Reddy in 1986. It commenced operations as an API manufacturer fo

View More

Derivative Strategies

HCLTECH -

NIFTY IT

Strategy Rationale The Strategy entails taking benefit of the price movement of both the stocks and takes advantage of the price ratio reverting to the mean. Both the stocks are correlated to each other and 120 days correlation between the two is around 91%. However, in short term HCLTECH has underperformed NIFTY IT and due to this price ratio is deviated above 3 Standard Deviation. This is an ideal scenario where one can buy Hcltech and sell Nifty IT. We expect that from here Hcltech will outperform NiftyIT in short to medium term perspective.

View More

Morning Notes

18 Jun, 2018 - Domestic indices are expected to open on negative note in today’s session and will continue to see profit booking pressure at higher levels. On lower side, 10750-10700 will act as strong support and below 10700 fresh selling is expected that may drag nifty towards 10620-10560 levels in short term

Technical Ideas Today

18 Jun. 2018 | All figures in `

EquityActionInitiationTargetSL
GODREJIND
BUY
Around 615 632 605
PFC
SELL
Around 82.80 78 84.50
 
Equity DerivativesActionInitiationTargetSL
TITAN
SELL
Around 905.50 880 917
JINDALSTEL
SELL
Below 235 224 239
INDIANB
SELL
Below 345 331 351
 
Currency DerivativesActionInitiationTargetSL
USDINR
BUY
Around 67.82 68.45 67.40
EURINR
SELL
Around 79.05 78.30 79.55
GBPINR
BUY
Around 90.35 91.10 89.85
 
Commodity DerivativesActionInitiationTargetSL
GOLD
SELL
Around 31090 30750 31300
CRUDE OIL
SELL
Around 4460 4350 4520
CASTOR SEED
BUY
Around 4060 4200 3990

Featured Articles

Heat of the Moment

article

Investing in Equity Savings Funds at current valuations ensures that our investment is of much lower volatility than the market.

TOTAL RETURNS

article

The total return experienced by an investor in equities is as a result of two factors.

Knowledge and Awareness Series

Life Insurance - A Need Analysis

Read to know how to avoid a possibility of misselling a policy

Sector Rotation

In this series, we have analyzed how economic cycles impact various sectors of the economy and more.

Types of Japanese Candlestick Patterns

In this edition we are going to discuss the types of Japanese candlestick pattern.