16th April 2021 Hot Stocks and Stocks To Watch

Last close: 430.70 (+2.8%)

WIPRO reported strong earnings on yesterday post market hours

Company said the fourth quarter was its best in the last 10 years and consolidated profit was at Rs 2972.3 crore. Revenue at Rs 16334 crore for the qtr

Overall…….. beat street expectations but not big figure

However, Stock if sustains above 435, rally will be expected 448, 452, 460 and 467

Supports 430, 422 and 415……… If there is any declines can buy

Last close: 1129.95 (+2.1%)

ADANIENT was seen dead cat bounced stock

Stock looks good and if there is any declines seems buying chance

Until 1050 closing basis!!

Steel stocks looks very hot especially Tatasteel, JSWsteel, Jindalstl and Sail

This week low is very strong support and expecting recent high!!

Updated: 08.14 am / 16th April 2021