For the stock market trading session on 3 December 2019, major support level of Nifty is expected to be in the range of 12,000 to 11,883 whereas major resistance level is expected to be in the range of 12,187 to 12,226. Considering the prevailing condition of the market, here are top stocks to watch for 3 December 2019
Eicher Motors Limited:
As on 2 December 2019 share price of Eicher Motors Limited (EICHERMOT) fell over 5 percent intraday top loser among the Nifty Auto ahead of decline in company's sales in the month of November 2019.
Indiabulls Housing Finance Limited:
As on 2 December 2019 share price of Indiabulls Housing Finance Limited (IBULHSGFIN) opened with flat note and traded with volatility, it closed with overall gain of 4.08 percent. After breaching its key resistance level scrip is sustaining above it.
As on 2 December 2019 share price of BEML Limited (BEML) jumped as much as 5.31 percent intraday. MACD crossed above the zero line. During the session it made a high of 1049 which was the highest since 4 November 2019.
Sun Pharmaceutical Industries Limited:
As on 2 December 2019 share price of Sun Pharmaceutical Industries Limited (SUNPHARMA) declined over 2 percent intraday after the US court denied dismissing some claims of certain plaintiffs related to Ranbaxy case.
Jagran Prakashan Limited:
As on 2 December 2019 share price of Jagran Prakashan Limited (JAGRAN) jumped over 10 percent in morning trade after the company announced a buy-back plan.
Vodafone Idea Limited:
AS on 2 December 2019 share price of Vodafone Idea Limited (IDEA) gained over 22 percent after the company raised prices of their prepaid voice and data services.
IIFL Finance Limited:
As on 2 December 2019 share price of IIFL Finance Limited (IIFL) jumped as much as 3.65 percent despite of ICRA reaffirming ICRA AA rating with change in outlook from stable to negative to the subsidiary & step-down subsidiary company and it closed with overall gain of 1.13 percent.
Zee Entertainment Enterprises Limited:
Share price of Zee Entertainment Enterprises Limited (ZEEL) declined for sixth consecutive trading session. Last week stock declined over 18 percent. As on 2 December 2019 it traded with volatility and closed with marginal loss of 0.24 percent.
Ambuja Cements Limited:
As on 2 December 2019 share price of Ambuja Cements Limited (AMBUJA) opened on flat note and traded with positive sentiments throughout the day. During the session it jumped as much as 3.10 percent intraday to hit its one month high of 211.00.
Aurobindo Pharma Limited:
As on 2 December 2019 share price of Aurobindo Pharma Limited (AUROPHARMA) closed flat ahead of a subsidiary agreeing to buy some business assets of the US-based Profectus BioSciences, a clinical-stage vaccine development company. Stock prices hae recovered more than 15 percent from its 5-years low.