Top 7 Stock Market Updates for 21 April 2017


1. ICICIBANK declined by 2.78% and ended at Rs.272.75. Trading volume hiked by 94 percent. Noticeably 63% of the trades are deliverable volume. The gap down along with surge in volume indicates bearish momentum. Currently it is trading around the lower range of its price band. The crucial support zone is around 265.
2. ENGINERSIN surged by 4.29% and finished at Rs. 168.95. Trading volume increased by 183 percent in last session. There is an evidence of bullish breakout. The momentum of the bulls is visible through the today’s gap. This stock is currently settled above the recent resistance zone. We see short term support around 164.
3. ABIRLANUVO surged by 5.3% and finished at Rs. 1646.7. Trading volume rose by 232 percent on Thursday. There could be bullish trend formation. Derivative traders were aggressive in adding long positions. Open interest increased by 7.29 %. This stock is currently settled above the recent resistance zone. We see short term support around 1515.
4. SUNTV surged by 6.37% and ended at Rs.897.2. Meanwhile it secured an exceptional margin over recent days. Trading volume inflated by 447 percent in last trading day. However numerous trades were intraday trades. It is currently trading at its runaway phase. The momentum of the buyers is recognized by the opening gap. It is climbing for 3rd consecutive days. This stock is currently settled above the recent resistance zone. We see short term support around 840.
5. JISLJALEQS surged by 5.56% and settled at Rs.113.9. Trading volume spiked by 687 percent in last session. It indicates bullish breakout.
6. IOC weakened by 1.83% and closed at Rs.427.3. It witnessed Bearish Engulfing pattern on daily chart. The technical indicator RSI signals overbought scenario. It is oscillating nearer to its resistance zone of 440.
7. INDIACEM surged by 8.8% and finished at Rs. 189.8. Trading volume inflated by 994 percent in last trading day. Yet most of the trades are settled intraday. There could be bullish trend formation. This stock is currently settled above the recent resistance zone. We see short term support around 155.

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Top 7 Stock Market Updates for 21 April 2017
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Top 7 Stock Market Updates for 21 April 2017
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ICICIBANK declined 2.78% along with area gap. ENGINERSIN surged to attract bulls gained significantly. ABIRLANUVO and SUNTV also witnessed stunning performance.
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EQSIS
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