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TVS, Escorts, SBI, Adani Power likely to be in limelight

DNMUM442821 | 9/12/2019 | Author : Jay Anand Thakkar | WC :133

Quick 4


1. Bull market or bear market today?
Bull market is likely to continue in the short term and Nifty is likely to inch towards 11100, which is the first target. The support on the lower side in the short term is pegged at 10960 levels.

2. Stocks likely to be in limelight today?
TVS Motors, Escorts, State Bank, Adani Power, ITC, Bharat Forge, Apollo Hospitals are likely to gain in the near term.

3. Sectors likely to impact market today?
Banking, auto, pharma stocks are likely to trade with a positive bias whereas IT may see some correction to consolidation.

4. Your mid-term view?
Nifty is likely to test its 200-DMA, that is 11219 levels, whereas the medium term support is pegged at 10880
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