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Stocks to Watch: UCO Bank, Jubilant Life Sciences Limited, Shipping Corporation of India Limited

22 Nov 2019

For the stock market trading session on 22 November 2019, major support level of Nifty is expected to be in the range of 11,920 to 11,850 whereas major resistance level is expected to be in the range of 12,040 to 12,105. Considering the prevailing condition of the market, here are top stocks to watch for 22 November 2019

UCO Bank:

As on 21 November 2019 UCO Bank (UCOBANK) jumped over 13 percent intraday to hit its nine-month high of 22.40. Stock has locked 20 upper circuit for third consecutive trading session and rallied over 63 percent in past three trading sessions.

Jubilant Life Sciences Limited:

Share price of Jubilant Life Sciences Limited (JUBILANT) rallied over 8 percent in early trade on 21 November 2019 after China terminated anti-dumping duty. Stock has traded with volatility on Thursday, a brisk decline in stock prices after a rise in early trade.

Shipping Corporation of India Limited:

Share price of Shipping Corporation of India Limited (SCI) on Thursday declined over 5 percent intraday after the Cabinet gave the approval for disinvestment in select central public sector enterprises (CPSEs).

Bharat Petroleum Corporation Limited:

As on 21 November 2019 share price of Bharat Petroleum Corporation Limited (BPCL) fell over 6 percent intraday after the Cabinet gave the in-principle approval for disinvestment.

HDFC Asset Management Company Limited:

As on 21 November 2019 share price of HDFC Asset Management Company Limited (HDFCAMC) gained over 4 percent intraday to hit its all-time high of 3796.50. Stock has closed positive for third consecutive trading session on Thursday.

Cadila Healthcare Limited:

As on 21 November 2019 share price of Cadila Healthcare Limited (CADILAHC) closed positive for fifth consecutive session as Zydus Cadila has received approvals from the USFDA for Isosorbide Dinitrate Tablets and Desonide Cream.

Sun Pharmaceutical Industries Limited:

After gain of four consecutive trading sessions on Thursday share price of Sun Pharmaceutical Industries Limited (SUNPHARMA) declined from its six-month high. As on 21 November 2019 stock has closed with marginal loss of 0.79 percent on daily basis.

APL Apollo Tubes Limited:

As on 21 November 2019 share price of APL Apollo Tubes Limited (APLAPOLLO) rallied over 2 percent intraday after the company said ICRA reaffirmed the company's long and short-term ratings.

KIOCL Limited:

As on 21 November 2019 share price of KIOCL Limited (KIOCL) jumped as much as 6.14 percent intraday after government has given the approval to the company to set up a forward and backward integration project for the BFU at Mangalore.

Zee Entertainment Enterprises Limited:

As on 21 November 2019 share price of Zee Entertainment Enterprises Limited (ZEEL) jumped as much as 18.57 percent in early trade a day after Essel Group announces 16.5% stake sale.

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