Top 10 Stock Market Updates for 09 May 2017


Top 10 Stock Market Updates for 09 May 2017

1. AMBUJACEM surged by 5.76% and settled at Rs.260.75. It witnessed Star pattern on daily chart. Trading volume spiked by 721 percent in last session. It signals positive breakout. The intensity of the bulls is acknowledged by the unfilled gap. This stock is currently settled above the recent resistance zone. We see short term support around 237.
2. SYNDIBANK surged by 4.12% and ended at Rs.91. Also it recorded significant percent in last five session. Trading volume rose by 94 percent on Monday. However numerous trades were intraday in nature. There could be bullish breakout. This stock is currently settled above the recent resistance zone. We see short term support around 70.
3. CESC gained by 3.94% and to close at Rs.979.45. Trading volume increased by 66 percent. It is likely to witness bullish trend formation. Derivative traders were aggressive in adding long positions. Open interest gained by 9.44 %. This stock is currently settled above the recent resistance zone. We see short term support around 829.
4. RCOM surged by 4.17% and to close at Rs.32.45. It did rise in the last trading session, but fell by a significant margin on a weekly basis. Trading volume hiked by 71 percent on Monday. The technical indicator RSI signals oversold scenario. It is trading marginally above its previous bottom.
5. EICHERMOT surged by 4.2% and ended at Rs.26919.45. Trading volume spiked by 262 percent in last session. It signals bullish trend formation. The strength of the buyers is evident from the today’s gap. This stock is currently settled above the recent resistance zone. We see short term support around 25361.
6. ACC volume hiked by 236 percent in last session. There could be bullish trend formation. The firmness of the buyers is seen trough breakout gap. This stock is currently settled above the recent resistance zone. We see short term support around 1463.
7. AJANTPHARM slipped by 3.27% and settled at Rs.1582.1. Trading volume inflated by 141 percent on Monday. It witnessed bearish flag breakout.
8. TATACOMM sketched breakout on last trading session, hence any recovery from current levels may not sustain. Resistance seen around 700 levels
9. HDIL surged by 7.59% and ended at Rs.92.9. Trading volume hiked by 50 percent on 8 May 2017. However most of the trades are settled intraday. It is oscillating nearer to its resistance zone of 96.
10. UNIONBANK is one among the top traded stocks. Yet largely the volumes are intraday trades. This stock is currently settled above the recent resistance zone. We see short term support around 150.

 

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Top 10 Stock Market Updates for 09 May 2017
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Top 10 Stock Market Updates for 09 May 2017
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AJANTPHARM slipped by 3.27% and settled at Rs.1582.1. Trading volume inflated by 141 percent on Monday. It witnessed bearish flag breakout.
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EQSIS
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Top 10 Stock Market Updates for 09 May 2017

Top 10 Stock Market Updates for 09 May 2017 1. AMBUJACEM surged by 5.76% and settled at Rs.260.75. It witnessed Star pattern on daily chart. Trading volume spiked by 721 percent in last session. It signals positive breakout. The intensity of the bulls is acknowledged by the unfilled gap. This stock is currently settled above the recent resistance zone. We see short term support around 237. 2. SYNDIBANK surged by 4.12% and ended at Rs.91. Also it recorded significant percent in last five session. Trading volume rose by 94 percent on Monday. However numerous trades were intraday in nature. There