Wednesday, February 19, 2020

NIFTY RECOVERED FROM ILLNESS


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BANKNIFTY  BUY ABOVE 30865  TGT 30935 /31015 SL 30765
BANKNIFTY  SELL BELOW 30870 TGT  30800 / 30720 SL  30970
Brightness has returned to the market after 4 days. Due to which the market has closed at the height of the day with great momentum where the nifty managed to close at 12130 level with climbed  137 points. At the same time, the closing of the sensex rose by more than 400 points. Midcap and small cap indices also closed with a movement of around 1.50 %.at the same time, bank nifty showed a gain of 0.91% on the basis of buying in banking shares. Reliance industries has gained market momentum. Shares of vodafone idea 48% gained tremendous momentum on wednesday. Except the auto index, appears in green mark. Reliance, hdfc and kotak bank  energized the market today. Pharma index saw most rapid recovery. Mid and small cap stocks also saw good gains. Today stocks in highlight were:
VEDL,BHARTIAIRTEL,INFOSYS,SBI,JSW ENERGY,UCO,RIL.
TOP GAINERS-GRASIM, ZEEL, HDFC, CIPLA, RELIANCE
TOP LOSERS-SUNPHARMA, TCS, LT, MARUTI, BHARTIAIRTEL

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