NIFTY ANALYSIS
OPEN: 11,777.5 | HIGH: 11,794.3 | |
LOW: 11,325.9 | CLOSE: 11,387.5 | |
LOWER RANGE: 11,300 | UPPER RANGE: 11,410 |
NIFTY has broken its support of 11,570 and had a straight fall. This is more than the correction. The new margin and pledge rule have pushed the market down.
NIFTY FORECAST
NIFTY initially broken its resistance but had a sharp fall. It has broken its support and short trade triggered. The lower range is 11,300 and the upper range is 11,410
STOCK ANALYSIS
Stocks to add to the watchlist.
Company | Open | High | Low | Close | Mon %Gain / Loss | Fri % Gain/ Loss |
AXISBANK | 524.45 | 533.85 | 486.3 | 496.75 | -2.45 | 7.64 |
CIPLA | 752 | 755.7 | 705.2 | 713.55 | -4.68 | -1.01 |
ICICIBANK | 414.85 | 422 | 387.5 | 394.6 | -3.69 | 4.46 |
TECHM | 759.7 | 774.7 | 732.1 | 741 | -1.51 | 2.28 |
STOCK RECOMMENDATION
Stocks Recommended if the price breaks above.
Company | Price | Recommendation |
ICICIBANK | 395 | 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