Stock market update today

Stock to buy tomorrow based on our analysis,

1. TATAMOTORS surged by 4.23% and to close at Rs.469.55. It witnessed Star pattern on intraday chart. Trading volume hiked by 387 percent on Wednesday. It indicates bearish reversal. This stock is currently settled above the recent resistance zone.
2. TV18BRDCST plunged by 7.36% and finished at Rs. 33.35. Trading volume inflated by 114 percent. It suggest for bearish trend. Derivative traders were aggressive in unwinding long positions. Open interest reduced by 17.26 %. It is regularly grinding lower levels for 7 days.
3. VOLTAS surged by 8.94% and to close at Rs.446.5. Trading volume spiked by 1416 percent in last trading day. It indicates bullish trend formation. The aggressive nature of buyers is recognized by the todays gap. This stock is currently settled above the recent resistance zone. We see short term support around 407.
4. SINTEX witnessed Star pattern on daily chart. SINTEX volume hiked by 429 percent. Noticeably 61% of the trades are deliverable volume. There is an evidence of bearish breakout. It is continuously sliding for5 days. It is trading below its recent support zone. The Near term resistance is seen around 120.
5. ADANIPOWER plunged by 6.2% and settled at Rs.28. It gives an impression of Derivative traders were aggressive in adding short positions. Open interest gained by 27.75 %. It is continuously breaking low for 3 days. It is trading below its recent support zone. The Near term resistance is seen around 34.
6. AUROPHARMA volume increased by 132 percent in last trading day. Noticeably 63% of the trades are deliverable volume. It gives an impression of bearish trend. It is steadily sliding for5 days. It is trading below its recent support zone. The Near term resistance is seen around 629.
7. NCC plunged by 8.47% and ended at Rs.83.25. Trading volume rose by 135 percent on Wednesday. It suggest for negative breakout. The firmness of the sellers is visible through the unfilled gap. It is trading below its recent support zone. The Near term resistance is seen around 102.