NIFTY ANALYSIS
| OPEN: 10615 | HIGH: 10631.3 | |
| LOW: 10562.6 | CLOSE: 10607.4 | |
| LOWER RANGE: 10,500 | UPPER RANGE: 10,700 |
NIFTY is uptrend for last 3 days. There is a range shift happened in last Friday. Probably nifty ill go for retest before breaking 10,700 level.
NIFTY FORECAST
NIFTY is in uptrend. If nifty holds above 10,700 there is a buy opportunity. If nifty sustains above 10700 then we will see more uptrend. Nifty may retest before it breaks 10,700. Downside nifty may test 10,500. If NIFTY breaks below 10,500 then NIFTY may go down till 10,200.
STOCK ANALYSIS
| Company | Open | High | Low | Close | Fri % Gain/Loss | Thurs % Gain/Loss | Wed % Gain/Loss |
| HDFC | 1905.55 | 1908 | 1867.3 | 1885.2 | -0.22 | 2.96 | 4.59 |
| HEROMOTOCORP | 2680 | 2750 | 2677.6 | 2738.25 | 2.5 | 4.87 | 0.02 |
| ITC | 208 | 208.5 | 206 | 207.55 | 0.83 | 1.45 | 4.24 |
| RELIANCE | 1779.8 | 1793 | 1768 | 1787.9 | 1.57 | 1.31 | 1.97 |
| TCS | 2163.65 | 2205 | 2160.25 | 2199.65 | 1.97 | 3.11 | 0.48 |
Above stocks have provided 3 days net positive return. Looking at the above data below stocks are recommended to trade on Monday. The stocks have to break the high range.
STOCK RECOMMENDATION
Below stocks are recommended to invest on Monday.
| Company | Price | Recommendation |
| HDFC | 1910 | Buy Above this price. |
| HEROMOTOCO | 2752 | Buy Above this price |
| TCS | 2207 | Buy Above this price |
