Wednesday 20 April 2016

Nifty Consolidate 7914 21 April Stock Market Trading Calls Tomorrow Market recommendation

After a consolidation, The NSE Nifty ended higher for the sixth consecutive session on Wednesday, Supported by banking & Financial and metals stocks. Weakness in European peers limited the upside. Equity benchmarks started off day on a strong note with the Sensex rising more than 100 points but immediately wiped out those early gains to consolidate. 

Market Closing update- The Sensex closed up 27.82 points or 0.11% at 25844.18, it was touched a high of 25956.34 and touch a low of 25716.81. The 50-share Nifty Index flat 0.05 points up at 7914.75, it was touched a high of 7950.40 and touch a low of 7877.55. 

Nifty Gainers- Tata Steel 6.53%, Hindalco Inds 4.89%, Axis Bank 3.11%, Bank of baroda 3.07%, Gail 2.28%, Wipro 2.15%, Tech-mahindra 1.44%, Power Grid 1.40%, Tata power 1.36%. 

Nifty Losers- TCS 2.75%, Bharti Airtel 2.63%, RIL 2.58%, ZEE Ent 1.93%, Aurobindo pharma 1.62%, BPCl 1.61%, HCL Tech 1.42%, Maruti Suzuki 1.31%, Yes bank 1.30%, Sun pharma 1.10%. 

Tomorrow Stock Recommendation 
BUY FRL Above 153 Targets 154.5/156/157.5 and Stop loss 150 
BUY Kwality Above 130 Targets 131/132/133 and Stop loss 128 
SELL Rssoftware Below 111 Targets 110/109/108 and Stop loss 113

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