Top 11 Stock Market Updates for 28 April 2017

1. IDFC surged by 4.7% and settled at Rs.61.2. Trading volume rose by 221 percent on 27 April 2017. It is likely to witness positive breakout. It is frequently advancing for 4 days. This stock is currently settled above the recent resistance zone. We see short term support around 54.
2. BANKINDIA surged by 9.04% and ended at Rs.178.5. Also it maintained considerable gains in last five sessions. Trading volume hiked by 259 percent on 27 April 2017. But majority of them are settled intraday. It was due to unwind pressure on April contract expiry.
3. LUPIN declined by 2.54% and finished at Rs. 1336.2. Meantime it recorded a remarkable loss in last five sessions. Trading volume increased by 144 percent on Thursday. Impressively 58% of the trades gone for delivery. It gives an impression of bearish trend. It is trading below its recent support zone.
4. RELCAPITAL surged by 4.49% and settled at Rs.669.85. Trading volume hiked by 246 percent on Thursday. But largely the volumes are intraday trades. It is heading for positive breakout. It is steadily rising for 3 days. This stock is currently settled above the recent resistance zone. We see short term support around 597.
5. AUROPHARMA declined by 2.82% and to close at Rs.607.05. It is one among the top traded stocks. It signals negative breakout. Derivative traders were aggressive in adding short positions. Open interest gained by 13.87 %. It is trading below its recent support zone. The Near term resistance is seen around 685.
6. GODREJCP volume inflated by 168 percent in last trading day. Noticeably 56% of the trades gone for delivery. It suggest for bullish breakout. It is steadily heading higher levels for 3 days. This stock is currently settled above the recent resistance zone. We see short term support around 1645.
7. SBIN is the most active stock. Furthermore 59% of the trades were taken for delivery. Derivative traders were aggressive in adding short positions. Open interest increased by 10.25 %. Currently it is trading around the lower range of its price band. The crucial support zone is around 280.
8. ICIL surged by 4.45% and settled at Rs.203.25. Trading volume increased by 447 percent on 27 April 2017. It gives an impression of bullish breakout. This stock is currently settled above the recent resistance zone. We see short term support around 189.
9. HDFCBANK is one among the top traded stocks. Interestingly 64% of the trades were taken for delivery. It is currently trading with bullish trend.
10. YESBANK gained by 3.81% and ended at Rs.1642.4. It is listed in top traded counters. It gives an impression of bullish trend formation. This stock is currently settled above the recent resistance zone. We see short term support around 1526.
11. TCS witnessed Star pattern on daily chart. TCS volume increased by 162 percent. Noticeably 86% of the trades were taken for delivery. Currently it is trading around the lower range of its price band. The crucial support zone is around 2275.

Summary
Top 11 Stock Market Updates for 28 April 2017
Article Name
Top 11 Stock Market Updates for 28 April 2017
Description
AUROPHARMA declined by 2.82% and to close at Rs.607.05. It is one among the top traded stocks. It signals negative breakout. Derivative traders were aggressive in adding short positions.
Author
Publisher Name
EQSIS
Publisher Logo
By | 2017-04-27T17:52:07+05:30 April 27th, 2017|Categories: Daily Update, Stock Market|Tags: |0 Comments

Leave A Comment

It is your turn

What do you think? Will this really help you or your friend and communities? Share your views under the comment section.

Wait before you go.... People of all ages discover something they didn’t expect. Share this to stay connected with your friends and community.

Top 11 Stock Market Updates for 28 April 2017

Top 11 Stock Market Updates for 28 April 2017 1. IDFC surged by 4.7% and settled at Rs.61.2. Trading volume rose by 221 percent on 27 April 2017. It is likely to witness positive breakout. It is frequently advancing for 4 days. This stock is currently settled above the recent resistance zone. We see short