Friday, 19 April 2013

Stock Market Trends for Today

 Stock Market Wrap :
·         Indian markets witnessed high intraday volatility. Nifty, Sensex closed flat.
·         Asia-Pacific markets mixed, Nikkei up, on strong increase in US housing starts.
·         EUR under pressure, GBP unemployment rate 7.9%, Dow Futures up by 47 pts.
·         Nifty ended at 5688.70 down -0.25 points or 0.00 percent and the Sensex ended at 18731.16 down -13.77 points or -0.07 percent.
·         Yes Bank Q4 net soars 33% to Rs 362cr
·         HCL Tech beats street; Q3 net jumps 73% YoY to Rs 1,040cr

Technical View :
SUPP 1: 5610
SUPP 2: 5530
RES 1: 5735
RES 2: 5810
SUPP 1: 11650
SUPP 2: 11330
RES 1: 11965
RES 2: 12220

Stock Recommendation :
Our recommendation on Auro Pharma is BUY above 187 for the Target of 191/195.
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