While the Index traded in a range throughout the day on Tuesday’s trading session, for the stock market trading session on 28 August 2019, major support level of Nifty is expected to be in the range of 10,960 to 10,750. Whereas major resistance level is expected to be in the range of 11,182 to 11,267. Considering the prevailing condition of the markets, here are top stocks to watch for 28 August 2019:
NIIT Technologies Limited:
On 27 August 2019 NIIT Technologies Limited (NIITTECH) made all time high of 1460. On the said day it opened with positive note and traded with positive sentiments throughout the session, it closed at 1452 with overall gain of 3.94 percent on daily basis. In August 2019 it gave 20.64 percent positive movement.
Tata Steel Limited:
TATA Steel Limited (TATASTEEL) recovered more than 10 percent from its three year’s low. On Tuesday it opened with positive note and traded with positive sentiments throughout the session and closed at 351.85 with overall gain of 4.08 percent on daily basis.
Dewan Housing Finance Corporation Limited
Dewan Housing Finance Corporation Limited (DHFL) traded positive for three consecutive trading session. On Tuesday it closed at 48.60 with overall gain of 6.48 percent.
Tata Motors Limited:
TATA Motors Limited (TATAMOTORS) recovered more than 14 percent from its 10 years low. On Tuesday it traded in upward trend and closed at 120.50 with overall gain of 9.00 percent on daily basis highest among all the 15 stocks of the Nifty Auto.
Bajaj Finance Limited:
Bajaj Finance Limited (BAJFINANCE) opened with positive note and traded sideways throughout the session. Yesterday it closed at 335.95 with marginal gain of 0.98 percent on daily basis. Scrip is sustaining above its 50, 100 and 200 Days EMA.
Axis Bank Limited:
On 27 August 2019 Axis Bank Limited (AXISBANK) opened with positive note and traded sideways throughout the session, it closed with marginal gain of 0.15 percent, while it has recovered almost 10 percent from its 52 week low.
RBL Bank Limited:
On Tuesday RBL Bank Limited (RBLBANK) opened with positive note however it traded with negative sentiments throughout the session. It closed 355.00 with overall loss of 5.52 percent lowest among all the 12 stocks of the Nifty Bank.
Bharti Airtel Limited:
Bharti Airtel Limited (BHARTIARTL) opened with positive note and gave choppy movement throughout the day. In the opening session as on 27 August 2019 Bharti Airtel Limited went up more than 2 percent after that, it fell more than 6 percent from its higher level and closed with overall loss of 3.52 percent.
Bata India Limited:
On Tuesday Bata India Limited (BATAINDIA) made fresh all time high of 1515.20 and closed with overall gain of 2.29 percent. In the month of August stock has jumped more than 15 percent.
Eicher Motors Limited:
Eicher Motors Limited (EICHERMOT) opened on flat note and traded with positive sentiments throughout the day. On Tuesday it closed with overall gain of 3.09 percent on daily basis.
Data is updated on 7th per month. It gets verified every quarter by independent auditor.
Data presented here is taken from company's inception
Importance given to satisfactory resolution as per prescribed TAT