For the stock market trading session on 03 September 2019, major support level of Nifty is expected to be in the range of 10,917 to 10,870. Whereas major resistance level is expected to be in the range of 11,150 to 11,182. Considering the prevailing condition of the market, here are top stocks to watch for 03 September 2019.
Andhra Bank (ANDHRABANK) went up more than 8 percent intraday on 30 August 2019 after Finance Minister announced mega merger of 10 banks into 4 banks. Union Bank of India to merge with Andhra & Corporation Bank.
ICICI Prudential Life Insurance Company Limited:
Last week ICICI Prudential Life Insurance Company Limited (ICICIPRULI) formed fresh 52 week high of 427.30. It traded positive throughout the week and closed at 424.60 with overall gain of 9.83 percent on weekly basis.
Last week ITC Limited (ITC) opened with positive note and traded with positive sentiments throughout the week. It recovered more than 4 percent from its 30 months low and closed at 245.50 with overall gain of 4.04 percent on weekly basis.
Piramal Enterprises Limited:
Last week Piramal Enterprises Limited (PEL) opened on positive note while it traded with positive sentiments throughout the week it closed with overall gain of 14 percent on weekly basis. Scrip is trading above its 50 and 100 days EMAs.
Share price of Wipro Limited (WIPRO) went up more than 2 percent intraday on 30 August 2019 after its partnership with Google Cloud.
Bajaj Auto Limited:
Last week Bajaj Auto Limited (BAJAJ-AUTO) opened on positive note and traded sideways throughout the week. On Friday it closed at 2787.65 with a gain of 1.4 percent on weekly basis. Scrip is trading above its 50 and 100 days EMAs.
On Friday ICRA Limited (ICRA) fell almost 5 percent after gaining for consecutive 4 trading session. The board of ICRA, terminated its MD and CEO Naresh Takkar after the appearance of his name in the IL&FS case.
Nestle India Limited:
Nestle India Limited (NESTLEIND) made fresh all time high of 12,948.80 on 30 August 2019 and gave closing near to all time high. Share price of Nestle India Limited went up more than 10 percent in month of August.
Tata Chemicals Limited:
Tata Chemicals Limited (TATACHEM) went up more than 2 percent intraday on 30 August 2019. It closed at 584.30 with overall gain of 2.44 percent on daily basis and 5.61 percent on weekly basis.
On 30 August 2019 Infy Limited (INFY) made fresh all time high of 817.35 and closed near to it with marginal gain of 0.97 percent on daily basis, while it went up 1.58 percent on weekly basis.