NIFTY ANALYSIS
OPEN: 11,566.2 | HIGH: 11,585 | |
LOW: 11,507.6 | CLOSE: 11,536 | |
LOWER RANGE: 11,400 | UPPER RANGE: 11,570 |
NIFTY was very range-bound. It has moved within a very close range. It has to break either direction to set up his trend.
NIFTY FORECAST
NIFTY was rangebound. SGX nifty has a great fall. This indicates the gap down opening of NIFTY. If NIFTY breaks below 11,400 we will see a sharp fall till 11,100 and upside it has to break 11,570.
STOCK ANALYSIS
Stocks to add to the watchlist.
Company | Open | High | Low | Close | Thu %Gain / Loss | Wed % Gain/ Loss |
AXISBANK | 488.4 | 489.95 | 473.1 | 474.95 | -1.95 | -0.27 |
CIPLA | 742.7 | 745.95 | 735 | 738.6 | 0.05 | 0.23 |
ICICIBANK | 392.4 | 392.4 | 381.05 | 382.75 | -2.46 | 0.37 |
TECHM | 739.95 | 762 | 733.1 | 759.55 | 3.31 | 1.01 |
STOCK RECOMMENDATION
Stocks Recommended if the price breaks above.
Company | Price | Recommendation |
ICICIBANK | 395 | Buy Above this price |
CIPLA | 747 | 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