Indian Stock Markets: Summary - 22 March 2017
Today (22 March 2017) most of the stocks moved in a range of definite resistance and support. From the last 4 trading days, Nifty is coming down after touching a lifetime high of 9213 on 17 March 2017. Nifty has a great support at 9000. Today NIFTY closed at 9030 (down 90 points). Tomorrow NIFTY may start rising again after taking support at 9000. STOCK HIGHLIGHTS (22 March 2017) Century Enka : 410.50 (+13.92%) - The stock has given a breakout above 360 with good volumes. Because today it closed near its Day high, it can give 15-20% return tomorrow or in the next 7 trading days. If stocks starts falling due to market weakness 400 should be the stoploss. Advance Enzymes : 2126 (+6.40%) - This stock is in a very strong momentum because volumes are highest in the history of this stock. 2200 & 2350 are resistances but as the stock is in a strong momentum, it should easily cross it in the next one month and make new lifetime highs. Delta Corp : 177.50 (+4.8%) - The stock ha...