Suzlon, BSE: 5 Nifty 500 stocks gained over 15% in July, expect more upside

Technically, when any stocks crosses crucial hurdles and witnesses accumulation at key supports, the trend is expected to witness robust upside ahead.

Selective shares in Nifty 500 index have surged over 15 per cent so far in the current month. This list includes BSE, Olectra Greentech, Kalyan Jewellers India, Suzlon Energy and Sunteck Realty.

Technically, these stocks have evolved with chart structures that could foresee more upside for the rest of the year. While the benchmark indices, the BSE Sensex and Nifty 50 are witnessing minor hurdle at 66,000 – 66,100 and 19,500- 19,600,respectively, the broader trend in these selective Nifty 500 stocks remains highly optimistic .

Here’s the technical outlook of these Nifty 500 stocks amid their robust charts:-

BSE Ltd (BSE)

Likely target: Rs