NIFTY ANALYSIS
OPEN: 14,240.95 | HIGH: 14,244.14 | |
LOW: 14,039 | CLOSE: 14,146.25 | |
LOWER RANGE: 13,935 | UPPER RANGE: 14,100 |
NIFTY after reaching 14,200 pause his 9 days rally. It has crashed almost 200 points.The market has witnessed heavy selling from DII and FII. Retails trader has started profit booking. Later NIFTY recovered 100 points
NIFTY FORECAST
NIFTY will start doing consolidation around 13,800 and 14,200. We have one of the biggest events coming up. Our budget is very important, so across January, we will see continuous profit booking and consolidation.
STOCK ANALYSIS
Stocks to add to the watchlist.
Company | Open | High | Low | Close | Wed %Gain / Loss | Tue % Gain/ Loss |
BIOCON | 467.35 | 469.25 | 453.8 | 459.75 | -1.69 | 0.14 |
DABUR | 539 | 541.7 | 529.6 | 534.1 | -0.89 | -0.82 |
INFY | 1300 | 1302 | 1268.05 | 1282.1 | -0.9 | 0.43 |
STOCK RECOMMENDATION
Company | Price | Recommendation |
BIOCON | 460 | Entry Triggered at 460, hold |
INFY | 1170 | Entry Triggered at 1170, hold |
DABUR | 540 | Buy Above this price |
Disclaimer: Our forecasts are based on predictions from our algorithms. However and they involve risks, variables and uncertainties. No guarantee is presented or implied as to the accuracy of forecasts, projections or predictive statements contained herein. Invest at your own risk