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You are here : IndiaNotes >> Research & Analysis >> Companies >> UPL Ltd. >> Research

Reliance Securities Market Lens (15 Dec 17)

Reliance Securities | 15 Dec, 2017  | Follow Author | Add to my Favourites 
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DCB Bank closed 2.4% higher outperforming benchmark NIFTY index by 1.8% with sharp surge in volume


We reiterate our BUY recommendation on the stock with an  unrevised Target Price of Rs223 based on 2.2x FY19E Adjusted book value.


Positional Pick


UPL (LTP: 720) BUY


For today’s trade, long position can be initiated at 710-715 for target  of Rs 780 with a strict stop loss of Rs 687.


Intraday Picks

ASIANPAINTS (LTP: 1123) BUY

For today’s trade, long position can be initiated at Rs 1117-1122 for target of Rs 1145 with a strict stop loss of Rs 1107. Traders are advised

to avoid early morning whipsaw.


L&TFH (LTP: 163) BUY


For today’s trade, long position can be initiated at Rs 163-161 for target of Rs 170 with a strict stop loss of Rs 159. Traders are advised

to avoid early morning whipsaw.


  Read full report Click here to read the full report

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BSE
704.10 -13.05
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NSE
701.30 -2.30
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About Reliance Securities

Reliance Securities, the broking arm of Reliance Capital, is one of the India’s leading retail broking houses, providing customers with access to equities, derivatives, currency, IPOs, mutual funds, bonds, and corporate FDs amongst others. The large array of financial offerings helps customers fulfilling their investment objectives on one platform. Focus on timely & error-free execution represents its core strength. Their best in class research offerings, high degree of compliance with stock exchange regulations, ethical business standards, & strong risk management capabilities; Reliance Securities positions itself amongst strong & innovative brands in the financial services space.


For more information please write in to [email protected]


Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor IndiaNotes.com accept any liability whatsoever arising from the use of any of the above contents.

 




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