Thursday, January 23, 2020

MARKET OUTLOOK ON THURSDAY 23 JAN 2020




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TOMORROW’S RESULT IN STOCKS-JSWSTEEL, BANKBARODA, ULTRATECH
Today stocks traded on high note after fluctuating between gains and losses in the opening trade. Sensex hiked 0.54 % and the nifty hiked 0.5 %.biocon, canarabnk , hdfc, ibulhfin, orient bank, pnb , pvr & aubank this stocks are in highlights in  today’s market .aubank stock was star in todays market, after released its quarterly result it climbed 13.6% & break all time high record at 1008.due to result announcement l&t rise 15.2% , canara bank hiked 3.6 %, axis bank profit hiked 4.5%.other side axis bank was back in the black in the December quarter,while rblbank dips 69%. Tomorrow In Baroda stocks we can expect  upside tomorrow. bankbaroda has strong support at 93 & resistance at 130 for tomorrow. Bank Baroda trend for this week is positive, which means Bank Baroda target predictions on upside have a better chance. JswSteel & UltratechCement trend for this week also positive for tomorrow due to result . After showing weakness in the last three sessions, the Nifty shifted into a promising upmove today and closed the day decently higher. A long bull candle was formed today, that placed beside the negative candle of the last session. This pattern indicates an upside bounce in the market.
TOP GAINERS-YESBANK,IOC,GAIL,SBIN,BPCL,M&M
TOP LOSERS-ZEEL,UPL,CIPLA,TECHM

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