NIFTY ANALYSIS
OPEN: 11,231.2 | HIGH: 11,231.2 | |
LOW: 11,056.5 | CLOSE: 11,143.6 | |
LOWER RANGE: 10,950 | UPPER RANGE: 11,200 |
NIFTY could not hold 11,200 and paused for the day and consolidated around 11,000 and 11,200. This consolidation may continue. It was within the range guidance provided yesterday.
NIFTY FORECAST
NIFTY lower range 10,950 and upper range 11,200. NIFTY may consolidate within this range. On upside break NIFTY will go till 11,500. Downside NIFTY will go till 10,700.
STOCK ANALYSIS
From the watchlist AXISBANK and TITAN have provided good gains 6.68% and 4.96%.
Company | Open | High | Low | Close | Wed %Gain / Loss | Tue % Gain/ Loss |
AXISBANK | 478 | 484.6 | 460.1 | 476 | 6.68 | 2.81 |
CIPLA | 666.15 | 677.8 | 657.5 | 661.45 | -0.13 | -1.79 |
HDFC | 1895.5 | 1898.95 | 1851.5 | 1896.35 | 0.67 | 4.3 |
ICICIBANK | 386.9 | 389.5 | 375.3 | 382 | 0.84 | 4.35 |
ITC | 193 | 197.9 | 192.5 | 196.95 | 2.44 | -0.23 |
TCS | 2231 | 2231 | 2184.2 | 2190 | -1.58 | 0.78 |
TITAN | 1020.25 | 1065.95 | 1015.6 | 1065.5 | 4.96 | 1.34 |
STOCK RECOMMENDATION
Stocks Recommended if the price breaks above.
Company | Price | Recommendation |
CIPLA | 679 | Buy Above this price |
TCS | 2232 | 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