The Nifty is continuously increasing and reaching the new high every day last couple of days. Currently, the Nifty closed at 11,134 levels 49 points higher than the previous day. The reduced tax slab of GST in more than 100 items during this weekend and the stronger value of rupee against the dollar are the main reason boosted the stock market sentiments.

O the upper side, the index level 11,080 would be a sustainable one to expect. While on the downside, the crucial support is seen at 11,000 & 11,920 index levels. Here is a list of large cap stocks could deliver 17% return in upcoming times.

Pidilite Industries – CMP: INR 1,050, Stop Loss: INR 1,010, Target: INR 1,190, Return 17%

Page Industries – CMP: INR 28,514, Stop Loss: INR 27,500, Target: INR 30,300, Return 6.2%

Voltas – CMP: INR 574, Stop Loss: INR 550, Target: INR 640, Return 11.5%

Endurance Technologies – CMP: INR 1,305, Stop Loss: INR 1,250, Target: INR 1,450, Return 11%

Disclaimer: The stocks listed above are based on the current Index levels, reduced GST effect and stronger value of rupee against dollar. So, check with the certified professionals before stepping up to buy stocks.