Top Stocks to Watch:Bharat Petroleum Corporation Limited, Tata Motors Limited,HDFC Life Insurance Company Limited

For the stock market trading session on 13th December 2019, major support level of Nifty is expected to be in the range of 11,830 to 11,715 whereas major resistance level is expected to be in the range of 12,082 to 12,160. Considering the prevailing condition of the market, here are top stocks to watch for 13th December 2019

Bharat Petroleum Corporation Limited:

As on 12th December 2019 share price of Bharat Petroleum Corporation Limited (BPCL) gained over 3% intraday after a media report suggested that roadshow for strategic stake sale are likely to start at London, USA and Dubai.

Tata Motors Limited:

As on 12th Dec 2019 share price of Tata Motors Limited (TATAMOTORS) jumped over 8% intraday. It has opened on positive note and traded with positive sentiments throughout the day and closed with the highest gain among the Nifty Auto.

Cummins India Limited:

As on 12th Dec 2019 share price of Cummins India Limited (CUMMINSIND) jumped over 3%. In past two trading sessions stock has recovered over 7% from its 5-year low of 504. Scrip has formed a candlestick pattern of Hammer at bottom.

HDFC Life Insurance Company Limited:

As on 12th Dec 2019 share price of HDFC Asset Management Company Limited (HDFCAMC) closed positive for second consecutive day. Prices have bounced back after 38.20% of retracement.

Aavas Financiers Limited:

As on 12th Dec 2019 share price of Aavas Financiers Limited (AAVAS) closed positive for second consecutive session. On Thursday it jumped as much as 5.74% intraday to hit its all-time high of 1949.85.

Adani Transmission Limited:

After three consecutive days of gain share price of Adani Transmission Limited (ADANITRANS) declined as much as 4.64% intraday on Thursday. Stock price has declined from its 52-week high of 350.95 a day after the company decided to sell its stake.

Godrej Properties Limited:

As on 12th December 2019 share price of Godrej Properties Limited (GODREJPROP) rallied over 4% intraday after company added four projects to its portfolio.

Tata Global Beverages Limited:

As on 12th Dec 2019 share price of Tata Global Beverages Limited (TATAGLOBAL) jumped as much as 4.20% in morning trade to hit its 52-week high of 327.55. In the calendar year 2019 stock has rallied over 47% till yesterdays’ closing.

Cadila Healthcare Limited:

On Thursday share price of Cadila Healthcare Limited (CADILAHC) closed positive for fourth consecutive trading session. As on 12th December 2019 stock has gained nearly 2% after the company launched an affordable oral anti-diabetic tablet in India.

Hikal Limited:

As on 12th Dec 2019 share price of Hikal Limited (MANAPPURAM) jumped over 17% intraday after its Panoli plant received Establishment Inspection Report (EIR) from the US health regulator.

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