NIFTY ANALYSIS
OPEN: 13,754.90 | HIGH: 14,868.85 | |
LOW: 14,574.15 | CLOSE: 14,789.95 | |
LOWER RANGE: 14,740 | UPPER RANGE: 14,810 |
NIFTY volatility is still high. Nifty has gained over 0.97% PSU bank is performing well. If Nifty holds 14,800 level we can expect another bull run. The next bull run will continue till 16,000
NIFTY FORECAST
Nifty upper range is 14,810. If the upper range is broken we can see a potential uptrend till 15,200 and the lower range is 14,740. If the lower range is broken then support is at 14,200. Buy call option once Nifty breaks the upper range and buy put option once breaks lower range.
STOCK ANALYSIS
Stocks to add to the watchlist.
Company | Open | High | Low | Close | Wed %Gain / Loss | Tue % Gain/ Loss |
DMART | 2864.8 | 2945.75 | 2825.2 | 2877 | 0.28 | 2.03 |
ITC | 221.5 | 222 | 215.7 | 216.45 | -0.8 | 1.04 |
TECHM | 965 | 1000 | 960.1 | 983.3 | 2.73 | 1.64 |
STOCK RECOMMENDATION
Company | Price | Recommendation |
DMART | 2887 | Buy above this price |
ITC | 220 | Buy above this price |
TECHM | 990 | 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