NIFTY ANALYSIS
| OPEN: 10750.9 | HIGH: 10750.9 | |
| LOW: 10562.9 | CLOSE: 10610.1 | |
| LOWER RANGE: 10,500 | UPPER RANGE: 10,850 |
As per yesterday’s forecast NIFTY could not break 10,850. NIFTY opened very close to the lower range 10,700 and bear took control. As NIFTY broke the lower range it observed a downfall. Now NIFTY is trading in the range of 10,500 to 10,850.
NIFTY FORECAST
NIFTY has a very wide range today. Taken the global que NIFTY has broken its lower range. Now NIFTY has to break above 10,850 for uptrend and if it breaks below 10,500 it will further go down till 10,200.
STOCK ANALYSIS
NIFTY has dragged down all the major stocks. Below stock you can add to your watch list.
| Company | Open | High | Low | Close | Tue %Gain / Loss | Mon % Gain/ Loss |
| AXISBANK | 434.9 | 435.8 | 415.4 | 418.5 | -4.9 | 0.1 |
| BHARTIARTL | 584.5 | 596.8 | 578.55 | 588.4 | 0.27 | 2.11 |
| CIPLA | 639.95 | 644 | 631.25 | 632.55 | -0.91 | -0.09 |
| ITC | 197.4 | 199.5 | 192.75 | 196.25 | -0.66 | 1.65 |
| TECHM | 594.95 | 603.8 | 592.55 | 598.5 | -0.26 | 5.46 |
| AUROPHARMA | 813 | 823.6 | 803.5 | 809.35 | -0.02 | -1.37 |
STOCK RECOMMENDATION
Stocks Recommended if the price breaks above. We have to wait till the end of Wednesday to verify if the market really rebounds, if the downfall continues, wait for the entry price.
| Company | Price | Recommendation |
| TECHM | 605 | Buy Above this price |
| ITC | 201 | Buy Above this price |
