Nifty Likely To Move In A Range Of 9750-9450; 4 Stocks Which Can Give Up To 14% Return

The Nifty is witnessing hesitation amid profit booking after approaching close to the upper band of the narrow rising channel which encompasses the entire up move since February 2017, placed around 9,750 regions.

The sentiment has also turned cautious amid rising geopolitical tensions in the middle-east and ahead of UK elections and ECB meeting scheduled for the current week.

We expect the index to enter into consolidation phase and oscillate between the range of 9,750 and 9,450 levels while the market will turn stock specific from here on.

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