For the stock market trading session on 09 September 2019, major support level of Nifty is expected to be in the range of 10,865 to 10,795. Whereas major resistance level is expected to be in the range of 11,130 to 11,050. Considering the prevailing conditions of the market, here are top stocks to watch for 09 September 2019:
Indiabulls Housing Finance Limited:
As on 6 September 2019 Indiabulls Housing Finance Limited (IBULHSGFIN) formed a low of 405 intraday which was lowest since December 2014. Last week it closed with overall loss of 6.07 percent on weekly basis.
ICICI Bank Limited:
Last week ICICI Bank Limited (ICICIBANK) fell more than 4 percent. As on 6 September 2019, it has recovered from it 200 Days EMA and closed with marginal gain of 0.80 percent on daily basis.
Punjab National Bank:
Punjab National Bank (PNB) recovered more than 3 percent from its recent low in past three consecutive trading session. Stock has jumped without breaching its 52 weeks low and closed with overall gain of 1.56 percent on weekly basis.
Tata Consultancy Services Limited:
Last week Tata Consultancy Services Limited (TCS) made a fresh all time high however it traded with negative sentiments throughout the week and closed with overall loss of 2.73 percent on weekly basis.
On Friday Infosys Limited (INFY) made fresh all time high of 850.40 and closed higher. Last week it closed with overall gain of 3.15 on weekly basis.
Bajaj Auto Limited:
On Friday Bajaj Auto Limited (BAJAJ-AUTO) opened with positive note and traded with positive sentiments throughout the day, it closed at 2,836.50 with overall gain of 2.80 percent on daily basis.
Maruti Suzuki India Limited:
As on last trading session Maruti Suzuki India Limited (MARUTI) jumped more than 3 percent. It closed at 6,195 with overall gain of 3.79 percent highest among the Nifty Auto Sector stocks.
Tata Global Beverages Limited:
Tata Global Beverages Limited (TATAGLOBAL) opened with negative note and traded with negative sentiments throughout the week. It closed at 264.70 with overall loss of 5.42 percent on weekly basis.
United Breweries Limited:
As on 6 September 2019 United Breweries Limited (UBL) closed at 1304.20 on weekly basis stock fell more than 5 percent. Scrip is sustaining below its 50 and 200 days EMAs.
TATA Power Limited:
Tata Power Limited (TATAPOWER) went up more than 6 percent intraday on 6 September 2019. It closed positive for consecutive three trading session and recovered more than 17 percent from its 52 weeks low.