Top 11 Stock Market Updates for 10 April 2017


  1. IOC strengthens by 3.01% and finished at Rs. 397.35. Trading volume spiked by 78 percent in last trading day. Noticeably 55% of the trades are deliverable volume. There is an evidence of positive breakout. This stock is currently settled above the recent resistance zone. We see short term support around 367.
  2. BPCL surged by 4.51% and closed at Rs.675.35. Trading volume spiked by 162 percent. It is likely to witness bullish breakout. Derivative traders were aggressive in exiting short positions. Open interest reduced by 9.23 %. This stock is currently settled above the recent resistance zone. The short term support around 627.
  3. TVSMOTOR gained by 3.94% and settled at Rs.468.4. Trading volume hiked by 260 percent on Friday. It is heading for bullish trend formation. This stock is currently settled above the recent resistance zone.
  4. BHARATFIN advanced by 2.03% and settled at Rs.788.85. It did rise in the last trading session, but fell by a significant margin on a weekly basis. It is one among the top traded stocks. Currently it is trading around the lower range of its price band. The crucial support zone is around 760.
  5. LT sketching bullish flag pattern. It gives an impression of bullish trend formation. It is regularly heading higher levels for 4 days. This stock is currently settled above the recent resistance zone. We see short term support around 1645.
  6. INFY is one among the top traded stocks with significant loss. Derivative traders were aggressive in adding short positions. Open interest surged by 1.13 %. It is trading below its recent support zone. The Near term resistance is seen around 1010.
  7. CADILAHC climbed by 1.7% and closed at Rs.455.45. Trading volume inflated by 215 percent on 7 April 2017. There is an evidence of bullish breakout. This stock is currently settled above the recent resistance zone. We see short term support around 433.
  8. RELIANCE is the most active stock. Derivative traders were aggressive in unwinding long positions. Open interest reduced by 7.46 %. It is expected to consolidate it gains by witnessing time wise correction.
  9. IDFC volume hiked by 92 percent. Interestingly 59% of the trades are deliverable volume. There is an evidence of positive breakout. This stock is currently settled above the recent resistance zone. We see short term support around 51.
  10. SAIL volume spiked by 100 percent on 7 April 2017. There is an evidence of selling pressure after a steady advance of 4 days.
  11. APOLLOHOSP witnessed Bullish Engulfing pattern on daily chart. Trading volume increased by 70 percent in last session. Currently it is trading around the lower range of its price band. The crucial support zone is around 1147.
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Top 11 Stock Market Updates for 10 April 2017
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Top 11 Stock Market Updates for 10 April 2017
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APOLLOHOSP witnessed Bullish Engulfing pattern on daily chart. APOLLOHOSP volume increased by 70 percent in last session. Currently it is trading around the lower range of its price band. The crucial support zone is around 1147.
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EQSIS
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