Nifty likely to face resistance at 10,830; 3 stocks that could return up to 19%

The Nifty50 broke out after trading in a narrow range, following a sustained phase of consolidation, thereby resuming the uptrend. Further, it has crossed the 61.8 percent Fibonacci retracement level placed at 10,717, which  affirms immediate bullishness.

The index is also approaching the upper end of the channel placed between 10,830 and 10,880, which can act as a stiff resistance considering that the index witnessed a continued rise from sub-10,000 levels to an overbought zone in a short span of time.

Failure to cross this resistance of 10,880 can trigger a correction to between 10,715 and 10,530. However, a breakout from 10,880 can extend the up move to levels of 11,050-11,185.

Here is a list of 3 stocks that could return up to 19% in 3-4 weeks:

Rupa & Company:

L&T Finance Holdings: 

Crompton Greaves Consumer Electricals:

or more update you can contact us :

CapitalStars Financial Research                     Forex trading tips                                                                                                        stock market tips                                                                                                                 Share Tips Expert 

Get free trial Click here: http://www.capitalstars.com/free-trial

www.capitalstars.com |T:+91-9977499927 , 07316690000