NIFTY ANALYSIS
OPEN: 14,639.80 | HIGH: 14,653.35 | |
LOW: 14,435.35 | CLOSE: 14,564.85 | |
LOWER RANGE: 14,380 | UPPER RANGE: 14,600 |
NIFTY has a positive opening but could not hold the gain. We see a lot of profit booking. Today is weekly expiry and PCR is 14,500. NIFTY will expire around 14,500 or below that value.
NIFTY FORECAST
NIFTY moved moderately and could not keep the 14,600 level. If today we have a gap up above 14,600 and the second session it crosses below 14,600 we can buy the PUT option on an intraday basis.
STOCK ANALYSIS
Stocks to add to the watchlist.
Company | Open | High | Low | Close | Wed %Gain / Loss | Tue % Gain/ Loss |
BIOCON | 472 | 472.2 | 460.7 | 462.65 | -1.93 | 0.11 |
DABUR | 541.15 | 545.45 | 533.6 | 536.6 | -0.81 | -1.01 |
INFY | 1373.85 | 1392.8 | 1360 | 1388.65 | 1.23 | -0.32 |
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