Monday, June 27, 2016

TECHNICAL ANALYSIS OF BANKBARODA FOR 27 JUNE

FUTURE:
“BUY BANKBARODA ABOVE 155 TGT 157/158”
“SELL BANKBARODA BELOW 150 TGT 148/145”
DAILY CHART FOR BANKBARODA:
After showing correction from the higher level, now stock is trading in short term recovery phase, it is likely to continue the upside move in near term with the crossing of the resistance level of 155 as the stock is managing to sustain above the level of 155. One may get the targets of 157,160 in the stock with the stop loss of 151. Today, Benchmark share indices ended flat, amid a volatile trading session, after weakness in IT exporters post Brexit capped further upsides. "Markets are likely to remain volatile within a range with support seen at 8,000 for the Nifty and strong resistance seen at 8,300.Sensex ended with a gain of mere five points at 26,403. The Sensex opened at 26,347 touched an intra-day high of 26,494 and low of 26,263.The Nifty closed with a gain of six points at 8,095. The Nifty opened at 8,039 hitting a high of 8,120 and low of 8,039.
TOP GAINERS: Bank of Baroda, UltraTech Cement, Aurobindo Pharma, Dr. Reddy's, Cipla
TOP LOSERS: TCS, Infosys, Zee Ent, IndusInd Bank, Asian Paints and Coal India 

No comments:

Post a Comment