Nifty On Track To Hit 9,400; 5 Stocks Which Could Give Up To 15% Return In Short Term - Dollar Advisory & Financial Services

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Thursday 27 April 2017

Nifty On Track To Hit 9,400; 5 Stocks Which Could Give Up To 15% Return In Short Term

Finally, Nifty took a breather and closed a day at a lifetime high. The Nifty touched historical level on Tuesday with huge volume indicating index is ready to jump higher.

We have seen continuous profit booking after Nifty touched previous high at 9,273 levels and in the last two sessions, index erased all the losses and touched fresh highs again.

The Nifty broke its three-week consolidation pattern on Tuesday and gave closing above the same in presence of volume. If the index manages to hold above 9,220 levels, we expect Nifty to unfold its target of 9370-9440 in coming sessions.

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