NIFTY ANALYSIS
OPEN: 14,594.35 | HIGH: 14,617.45 | |
LOW: 14,357.85 | CLOSE: 14,433.70 | |
LOWER RANGE: 14,380 | UPPER RANGE: 14,490 |
After a long bull run, NIFTY correction started. NIFTY has made a low of 14,357. It has recovered from low but this gives an indication of profit booking and consolidation.
NIFTY FORECAST
NIFTY range is very important. Once it breaks the range it will take the direction towards that. If markets break below 14,380 we will see further down till 14,200.
STOCK ANALYSIS
Stocks to add to the watchlist.
Company | Open | High | Low | Close | Fri %Gain / Loss | Thu % Gain/ Loss |
BIOCON | 466.5 | 466.6 | 455 | 457.05 | -2.02 | 0.79 |
DABUR | 548.5 | 552.55 | 539.05 | 540.75 | -1.49 | 2.4 |
INFY | 1360 | 1363.85 | 1340 | 1344.95 | -1.86 | -1.2 |
STOCK RECOMMENDATION
Company | Price | Recommendation |
BIOCON | 460 | Entry Triggered at 460, hold |
INFY | 1170 | Entry Triggered at 1170, market is consolidating. Book partial profit. |
DABUR | 540 | Entry triggered. |
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