HDFC Bank, ITC: 5 Nifty stocks trading far away from their 52-week highs

Among these five, HDFC Bank, ITC and UPL can potentially rally up to 10 per cent; Whereas, Hindustan Unilever and Asian Paints can crack another 25 per cent, suggest charts.

The NSE Nifty 50 index has been scaling new all-time highs for the last three straight trading sessions. On Wednesday, the benchmark index touched a summit at 22,249, and was seen quoting around 22,210 - up over 2 per cent so far this month.

Even as the Nifty hovers at record high levels, select index heavyweights such as HDFC Bank, Hindustan Unilever (HUL) and ITC are far away from their respective 52-week high levels. In fact, HDFC Bank and HUL registered new 52-week lows last week.

A total of 14 stocks from the Nifty 50 constitutes have not registered a new 52-week