Nifty end over 1 percent; auto, banks rally

LAST RECOMMENDATION UPDATE: GIVEN ON26 APRIL 2016:

WOCKPHARMA IS ON FIREEEEEEEEEEEEEE!!!!!!!!!!!!

IN BULLISH MOMENTUM: HIT TGT 1040 GIVEN SELL AT 1030

LOT SIZE: 375                                                            

TOTAL PROFIT: 7500 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
INTRADAY CHART FOR WOCKPHARMA:

The Sensex ended with a gain of 328 points at 26,007. The Sensex opened at 25,605 touched an intra-day high of 26,055 and low of 25,549.The NSE Nifty closed with a gain of 107 points at 7,963. The Nifty opened at 7,828 hitting a high of 7,975 and low of 7,823. On the global front, China's Shanghai Composite index and Hang Seng closed higher 0.5% each. Late hours rally pushed market higher. About 1568 shares advanced, 992 shares declined, and 169 shares were unchanged. In Europe, the FTSE 100 trading marginally higer by 0.25%. On the other hand, DAX and the CAC 40 down 0.2% each. Indian Stock Market would open flat for the day. Technically,

Indian Stock Market is still in positive zone but Nifty is near to reversal levels. Nifty, if breaches levels of 7842 by closing then it would see a reversal and we may see sharp downfall. BankNifty would now see reversal at 16400 levels. These are important levels and traders are suggested to consider these levels while taking any decision in market. A sharp downfall would be seen if Nifty and BankNifty closes below these levels. Now, Nifty needs to breach levels of 7920 again to show some strength. FIIs were net buyers of Rs.222.34 crores whereas DIIs were net sellers of Rs.747.95 crores in cash market for last trading session. Nifty would see strong support at 7842-7825-7775-7730 whereas strong resistance would be seen at 7926-7980-8005-8025 levels.

TOP GAINER: Hindalco, Idea Cellular, IndusInd Bank, Yes Bank, Tata Power and Maruti Suzuki

TOP LOSERS: Adani Ports, Bharti Infratel, Hero MotoCorp, UltraTech Cement, BPCL, RIL, Bajaj-Auto and HUL