Nifty outlook and top trading calls for today's trade: Prabhudas Lilladher

STOCK MARKET - Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
NIFTY VIEW:
Nifty has now made a base at 10,000 to surge towards the projected target of 10,500. The support for the day is seen at 10,180 while resistance is seen at 10,275.

BUY ZEE ENTERTAINMENT
CMP: Rs 514.45    
TARGET: Rs 550    
STOP LOSS: Rs 500
The stock has made more or less a double bottom formation in the daily chart and is poised to rise in the upward direction with potential and strength and we anticipate it to go till around Rs 560 levels. The RSI is on the improvement side and with MACD also showing a positive bias, we recommend this stock for an upside target of Rs 550 keeping a stop loss of Rs 500.

BUY STRIDES SHASUN
CMP: Rs 881.20  
TARGET: Rs 990    
STOP LOSS: Rs 830
The stock has witnessed a decent correction from Rs 1041 to Rs 832 and a bottom formation has been made to make a recovery showing potential and strength to gain further in the coming days. The RSI has recently shown a trend reversal signaling a buy and hence is supporting our view of a positive bias. With decent volume participation witnessed, we recommend a buy in this stock for an upside target of Rs 990 keeping a stop loss of Rs 830.

Wonder how dual cameras in smartphones work? Here is all you need to know

Dual camera set-ups are fast catching up as a trend in smartphones these days. The year so far has seen many devices – flagship or mid-tier – sporting dual cameras. The latest offerings from Asus, InFocus and Huaweihave added to the excitement around such camera set-ups, assuring the camera game in the smartphone industry is here to stay.

Technically, not all dual-camera set-ups are the same, as they deliver different prepositions. Here is a quick guide to the different aspects of dual cameras and how original equipment makers (OEMs) use them for their devices.

Primary camera, coupled with depth sensor for Bokeh effect

ne of the common dual camera set-ups, mostly employed in budget and mid-range devices, this set-up consists of two different sensors – primary lens with large sensor and secondary lens with depth-sensing sensor. In this set-up, the primary camera captures the shot while the depth-sensing sensor measures the background and other objects. The image processed through the primary camera is then treated with the information retrieved through the depth-sensing sensor to create a single image where the object in focus remains sharp and the background gets blurred, creating the so-called Bokeh effect.

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Get Apple iPhone 7 at Rs 7,777 through Airtel Online Store: Know everything

Bharti Airtel is offering Apple iPhone 7 (32 GB storage variant) at a down payment of Rs 7,777 through its online store, which went live today i.e. on October 16. The smartphone comes bundled with additional data, free calls and national roaming, and Airtel secure package that covers the device against any physical damage and offers cyber protection.

To avail the iPhone 7 offer through Airtel online store, customers need to make a down payment of Rs 7,777 and enrol for 24 monthly instalments of Rs 2,499 each. The monthly instalments include the postpaid connection benefits that the telecom major is bundling along with the device. These benefits include 30 GB data, unlimited calling (local, STD, national roaming), and Airtel Secure package.

Airtel has partnered with Apple Inc., HDFC Bank, Clix Capital, Seynse Technologies, Brightstar Telecommunications and Vulcan Express to enable the digital experience on its Online Store.

Here is how to buy a device through Airtel online store:

• Go to www.airtel.in/onlinestore and select the device of your choice
• Check your eligibility and get instant loan approvals
• Make the down payment for phone     
• The device will be delivered to your preferred location/address

Godrej Agrovet lists at Rs 621, 35% premium against issue price

Godrej Agrovet made a strong debut by listing at Rs 621, a 35% premium against its issue price of Rs 460 per share on the BSE. On the National Stock Exchange (NSE), the stock opened at Rs 616, 34% higher against issue price.

At 10:04 AM; the stock was trading at Rs 608 after hitting a high of Rs 630 on the BSE and NSE. A combined 6.33 million shares changed hands on the counter on both the exchanges so far.

The Rs 1,170-crore initial public offer (IPO) of Godrej Agrovet saw 95 times more demand than shares on offer. The institutional portion of the issue was subscribed 151 times, while the non-institutional category comprising high net-worth individuals (HNIs) was subscribed 236 times. The retail investor portion was subscribed 7.67 times.

Godrej Agrovet is a leading player in the animal feed segment and it also has a presence across segments, including the crop protection, palm oil, dairy and poultry businesses. The price band for the offering was fixed at Rs 450-460 per share.

IPO proceeds are expected to be gainfully utilized in lowering working capital loans and repaying issued commercial papers, which would lead to higher profitability in the coming future, IIFL Investment Managers said in a note.

Bharti Airtel hits two-year high; stock up 16% in one week

STOCK MARKET - Bharti Airtel has hit a two-year high of Rs 441, up 2% in intra-day trade, extending its past four day gain on the BSE, after the company on Friday, October 13, said it had agreed with Tata  Teleservices Limited (TTSL) and Tata Teleservices Maharashtra (TTML), to combine their consumer mobile business (Tata CMB) with Bharti.

The stock is trading at its highest level since July 2015. It past one week, it rallied 16% as compared with 2.3% gain in the S&P BSE Sensex.

The transaction is subject to requisite regulatory and other approvals and expected to take 6-9 months to close. According to the agreement, Bharti will acquire Tata CMB's India's operations in nineteen circles, including the transfer of all assets (including spectrum) and customers, on a debt-free cash-free basis.

"The acquisition will strengthen Bharti's spectrum holdings and add around 40 million subscribers to the company's leading market position in India's highly competitive mobile telecommunications market, a credit  positive," said Annalisa Di Chiara,  Moody's Vice President and Senior Credit Officer in a note.

"While consolidation activity is positive for the industry in the long-term, we still expect competition to remain intense over the next 12-18 months as leading operators -- like Bharti, Vodafone India and Reliance Jio Infocomm Limited - look to protect and grow market share," the ratings agency said.