Nifty ends FY 18-19 with 14 percent gain & settled above 11,600 mark 


How well the EQSIS recommendations performed today 29 March?

1. EQSIS Intra: Short ITC below 297.5 Target 294.1 Stop above 300.25 CMP 297.5

Status: Positive


6:16:03 PM

Top Stocks To Watch On Monday 01 April 2019

IBULHSGFIN surged by 5.81% and closed at Rs.858.25. Meantime it registered a considerable gains over a recent days. Trading volume rose by 175 percent at last trading day. But numerous trades were intraday trades. It is likely to witness positive breakout. It is continuously advancing for 4 days. This stock is currently settled above the recent resistance zone. We see short term support around 669.

JINDALSTEL surged by 8.94% and closed at Rs.179.7. Trading volume spiked by 297 percent on Friday. Yet majority of them are settled intraday. There could be positive breakout. It is continuously climbing for 3 days. This stock is currently settled above the recent resistance zone. We see short term support around 158.

MCDOWELL-N surged by 4.04% and to close at Rs.553.9. . It did rise in the last trading session, but fell by a significant margin on a weekly basis. Trading volume increased by 89 percent on 29 March 2019. Currently it is trading around the lower range of its price band. The crucial support zone is around 539.

SIEMENS volume increased by 286 percent at last trading day. It is likely to witness positive breakout. The aggressive nature of buyers is recognized by the opening gap.It is steadily rising for 4 days. This stock is currently settled above the recent resistance zone. We see short term support around 996.

APOLLOHOSP gained by 3.77% and to close at Rs.1227.6. Trading volume spiked by 201 percent on 29 March 2019. It gives an impression of bullish trend formation. It is continuously advancing for 3 days. This stock is currently settled above the recent resistance zone. We see short term support around 1110.

INDIACEM surged by 5.76% and to close at Rs.108.3. Trading volume hiked by 126 percent on 29 March 2019. Yet most of the trades are intraday trades. It gives an impression of bullish breakout. This stock is currently settled above the recent resistance zone. We see short term support around 91.

INDIANB volume inflated by 104 percent at last trading day. Yet most of the trades are settled intraday. There could be resistanceIt is continuously rising for 4 days. This stock is currently settled above the recent resistance zone. We see short term support around 230.

UJJIVAN volume hiked by 106 percent at last trading day. However largely the volumes are settled intraday. There is an evidence of bullish trend formation. This stock is currently settled above the recent resistance zone. We see short term support around 291.

INDUSINDBK dropped by 2.26% and finished at Rs. 1780. It is listed in top traded counters. The technical indicator RSI indicates overbought scenario.This stock is currently settled above the recent resistance zone. We see short term support around 1492.

BANKBARODA is the most active stock. Yet majority of them are settled intraday. There could be bearish reversalIt is regularly climbing for 4 days. This stock is currently settled above the recent resistance zone. We see short term support around 106.

DABUR volume hiked by 90 percent on Friday. Moreover 69% of the trades gone for delivery. It Indicates bearish breakout. It is continuously sliding for3 days. It is trading below its recent support zone. The Near term resistance is seen around 448.

UNIONBANK fell by 1.39% and to close at Rs.95.6. The technical indicator RSI signals overbought scenario.It is steadily climbing for 4 days. This stock is currently settled above the recent resistance zone. We see short term support around 74.

 


4:29:01 PM

Closing Bell: Nifty ends FY19 with 14 percent gain & settled above 11,600 mark 

The benchmark index Nifty-50 closed 53 points higher at 11,623 on the last trading session of financial year 2018-19. Key equity index Nifty ended one percent higher this week amid strong foreign fund inflows. On NSE, except PSU Bank & PVT Bank, all other sectoral indices ended higher led by metal, which gained over 2 percent followed by pharma, auto, media and realty sectors.

Nifty have gained about 14 percent this FY19 and settled above 11,600 mark.

Globally, Asian markets ended higher as hopes for a fresh round of US-China trade talks as the world’s two largest economies would try to resolve the ongoing tariff tiff.

NSE Sector Performance


1:02:09 PM

Market Update: Nifty trade flat; auto & metal stocks climb    

The benchmark index Nifty were trading 22 points higher at 11,591, after hitting 11,630 at day’s high. Key equity index Nifty moved sharply higher in early trade but turned flat as selling pressure in banking and finance stocks. Among sectoral indices, Nifty Metal index was trading 2.35 per cent higher while the Nifty Auto was trading 1.62 per cent higher.


10:16:24 AM

FII & DII  Deets

Foreign Institutional Investors (FIIs) bought shares worth Rs 3594.51 crore and Domestic Institutional Investors sold Rs 2080.22  crore worth of shares in the Indian equity market on March 29.


10:12:08 AM

Morning Update: Nifty tests 11,600 level in early trade

The NSE benchmark Nifty were trading 28 points higher at 11,595 while Nifty breached the 11,600 level in early trade as gains in auto, metal and pharma stocks amid unabated foreign fund inflows and positive global cues. Meanwhile, Asian shares are trading higher on revived hopes of progress in US-China trade talks.

The market breadth, indicating the overall health of the market, was strong. On NSE, 976 shares rose and 578 shares fell. A total of 115 shares were unchanged.

SBI Life Insurance shares slipped 6 per cent to Rs 577 after a block deal.


9:23:46 AM

Top News Of The Day

Govt To Infuse Money In BoB

  • he government has decided to infuse Rs 5,042 crore into state-owned Bank of Baroda (BoB) ahead of merger of Dena Bank and Vijaya Bank with itself.

Anil Ambani’s Stake In Rcom Reduced

  • Anil Ambani’s holding in Reliance Communications has declined to 21.97 per cent from 37.57 per cent, after IndusInd Bank and Axis Trustee Services sold a 15.6 per cent stake pledged with them. 

9:19:44 AM

Good Morning

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