Wednesday, April 27, 2016

Live Stock Market Updates !!!!!!!!!!!!!!!!!!!!!!

FUTURE :
“BUY TATAELXSIABOVE 2066 TGT 2075/2095”
“SELL TATAELXSI BELOW 2040 TGT 2020/2000”
Sensex is trading at 26,046 up 39 points, while Nifty is trading at 7,981 up 19 points.
The Mid-cap Index is trading up 0.34% at 11,128, whereas Small-cap Index is trading up 0.43% at 11,158. Yes Bank, India's fifth largest private sector Bank, has announced the following results for the quarter & year ended March 31, 2016. The bank has posted a net profit of Rs. 702.crore  for the quarter ended March 31, 2016 as compared to Rs. 550.9 crore for the quarter ended March 31, 2015. The bank reported its total income has increased from Rs. 3678.8 crore for the quarter ended March 31, 2015 to Rs. 4331.1 crore for the quarter ended March 31, 2016. Indian Stock Market would open flat. Technically, Indian Stock
Market is still in positive zone and traders should continue to hold long positions for now. BankNifty would see some resistance near 17155 levels whereas Nifty would see some resistance at 8000-8020 levels. Closing above those levels would develop a new support for Market and a sharp bounce can be seen in the market. Now upside is open for the market and stoploss would be 7842 for Nifty on closing basis. Till then, every dip is an opportunity for traders to go long in market. FIIs were net buyers of Rs.512.22 crores whereas DIIs were net buyers of Rs.21.21 crores in cash market for last trading session. Nifty would see strong support at 7926-7873-7842-7825 whereas strong resistance would be seen at 7980-8005-8025-8043-8091 levels. The support for BankNifty is at 16921-16880-16780-16626 and the resistance to the up move is at 17100-17155-17218-17370 levels.
TOP GAINERS: ONGC, Tata Motors, Bajaj-Auto, Bharti AirtelHero MotoCorp, RIL and Infosys
TOP LOSERS: Axis Bank, ICICI Bank, Maruti Suzuki, SBI, Lupin and HDFC

1 comment:

  1. Yes Bank is fifth largest bank in private sector. By private sector we mean that very less shares are with the governments. Though they are less secure to invest but handsome returns can be earned. To get live updates and stock tips to trade with join Epic Research.

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