Stock focus: Mindtree, NIIT Tech, TCS, Infosys set to see action

Major trend is positive and a hold above 11400 zone could extend Nifty’s move towards 11500, then 11600 zone, while immediate support is seen at 11350-11333 zone.   

Stock focus: Mindtree, NIIT Tech, TCS, Infosys set to see action
Till Nifty holds above 11171 zone, it has the potential to move towards a new life-time high territory of 11700 zone. Image source: Pixabay

Bull market or bear market? 
Major trend is positive and a hold above 11400 zone could extend Nifty’s move towards 11500, then 11600 zone, while immediate support is seen at 11350-11333 zone. 

Stocks likely to be in limelight? 
Mindtree, NIIT Tech, TCS, Tata Elxsi, HCL Tech, Infosys, DHFL, Amara Raja Batteries, CEAT, Sun Pharma, Lupin. 

Sectors likely to impact market? 
Banking, IT and NBFC (non-banking financial companies) stocks. 

Your mid-term view? 
Till Nifty holds above 11171 zone, it has the potential to move towards a new life-time high territory of 11700 zone. 

What drove markets on Tuesday? 
Banking, pharma and IT stocks. 

By Chandan Taparia, derivatives & technical analyst, MOSL

Source: DNA Money

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

RECOMMENDED STORIES

https://www.zeebiz.com/personal-finance/photo-gallery-epfo-retirement-pension-scheme-early-pension-superannuation-disablement-widow-child-orphan-pension-online-login-passbook-employee-provident-fund-327598

EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know

https://www.zeebiz.com/trending/news-rains-in-tamil-nadu-orange-alert-issues-for-november-26-regional-meteorological-centre-cyclone-south-andaman-sea-puducherry-karaikkal-327505

Tamil Nadu Weather News: Heavy rain likely in TN, orange alert issued for Nov 26

https://www.zeebiz.com/personal-finance/photo-gallery-top-7-mutual-funds-with-highest-returns-cagr-sip-in-10-years-calculator-inr-rs-1000000-investment-in-no-1-scheme-has-grown-to-7946160-in-10-years-nifty-bse-large-mid-small-elss-quant-motilal-327733

Top 7 Mutual Funds With Highest Returns in 10 Years: Rs 10 lakh investment in No 1 scheme has turned into Rs 79,46,160 in 10 years

https://www.zeebiz.com/markets/stocks/photo-gallery-psu-stocks-to-buy-rec-pfc-share-price-target-by-brokerge-bernstein-largecap-pfc-dividend-2024-amount-record-date-ex-date-327801

PSU stocks to BUY: Brokerage bets on these 2 largecap stocks for up to 36% return - Do you own?

https://www.zeebiz.com/personal-finance/photo-gallery-top-7-sbi-sip-mutual-funds-with-highest-sip-return-xirr-in-1-year-capital-gains-calculator-how-inr-rs-25000-monthly-investment-has-grown-to-bse-sp-nifty-multi-large-health-tech-banking-326674

Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404

Written By: ZeeBiz WebTeam
Updated: Thu, Aug 16, 2018
11:27 AM IST
ZeeBiz WebDesk
RELATED NEWS
Nifty sees a decent start, holds 18,100; Titan up 1%, Petronet LNG down 4% Nifty sees a decent start, holds 18,100; Titan up 1%, Petronet LNG down 4%
From Q4 results to global cues, your 10-point guide before D-Street opens today From Q4 results to global cues, your 10-point guide before D-Street opens today

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x