Top 10 Stock Market Updates for 30 March 2017


  1. VOLTAS surged by 5.62% and closed at Rs.413.25. Trading volume spiked by 339 percent on 29 March 2017. It gives an impression of positive breakout.
  2. SBIN advanced by 2.25% and settled at Rs.288.45. Volume inflated by 154 percent on Wednesday. There is an evidence of multiple resistances at current levels.
  3. SUNPHARMA is the one among the most active stock. Interestingly 83% of the trades are deliverable volume. The support level is 673.5 and resistance level is 718.7.
  4. INFRATEL rallied by 5.71% and closed at Rs.336.85. Meanwhile it posted significant margin on a weekly basis. Trading volume hiked by 284 percent in last session. It suggest for bullish breakout. The support level is 290.4
  5. ITC managed to sustain its gap appeared on last week. Derivative traders were aggressive in adding long positions. Open interest surged by 12.34 %. The support level is 270 and resistance level is 290
  6. BANKBARODA witnessed Shooting Star (bearish reversal) pattern on daily chart. BANKBARODA volume rose by 129 percent along with 65% delivery volume on Wednesday. It may be heading for short term selling.
  7. HINDZINC plunged by 11.03% and settled at Rs.290.05. This was due to Dividend pay out from the companies. The Wealth of the trader was not affected due to the 11% fall in market price as the dividend given via cash.
  8. ASHOKLEY declined by 2.83% and ended at Rs.84. Meanwhile it fell by a significant margin on a weekly basis. Trading volume inflated by 218 percent. It Indicates negative breakout. The support level is 86.2 and resistance level is 92.8.
  9. PTC Increase by 2.52% and ended at Rs.89.5. Trading volume hiked by 172 percent in last session. It signals bullish trend formation. The support level is 84.9 and resistance level is 89.3.
  10. HDFC is listed in top traded counters. Impressively 81% of the trades are deliverable volume. It is currently trades in the runaway phase. Short covering rallies may take the stock to next levels.
Summary
Top 10 Stock Market Updates for 30 March 2017
Article Name
Top 10 Stock Market Updates for 30 March 2017
Description
SBIN advanced by 2.25% and settled at Rs.288.45. Volume inflated by 154 percent on Wednesday. There is an evidence of multiple resistances at current levels.
Author
Publisher Name
EQSIS
Publisher Logo