NIFTY ANALYSIS
OPEN: 11,727.40 | HIGH: 11,789.75 | |
LOW: 11,667.85 | CLOSE: 11,762.45 | |
LOWER RANGE: 11,630 | UPPER RANGE: 11,820 |
NIFTY has recovered on Friday after a fall of 300 points. This fall was mainly due to profit booking. Now multiple stocks have reached its 52 weeks high. Once the stock corrected new cycle will start. NIFTY next target is 12,200
NIFTY FORECAST
NIFTY has started recovering. Monday’s range is very important for the direction of the market. If NIFTY breaks below 11,630 we will see downside till 10,600 and if breaks above 11,820 we will see upside till 12,200
STOCK ANALYSIS
Stocks to add to the watchlist.
Company | Open | High | Low | Close | Fri %Gain / Loss | Thu % Gain/ Loss |
DMART | 1980 | 1999 | 1970 | 1984.2 | 0.33 | 0.16 |
MINDTREE | 1424.8 | 1443.7 | 1262.3 | 1329.15 | -6.72 | -8.19 |
RELIANCE | 2215 | 2232.5 | 2172.65 | 2175.8 | -1.39 | -3.54 |
SYNGENE | 558.95 | 559.45 | 550.95 | 554.9 | 0.14 | 0.32 |
STOCK RECOMMENDATION
Before closing of the market if the price is above below recommendation price you can buy the stocks for a target of 10%. Entry price will vary every day. Please check the report for any change in the entry price.
Company | Price | Recommendation |
DMART | 2010 | Buy Above this price |
MINDTREE | 1350 | Buy Above this price |
RELIANCE | 2210 | Buy Above this price |
SYNGENE | 580 | 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