NIFTY ANALYSIS
OPEN: 11,922.60 | HIGH: 11,929.40 | |
LOW: 11,684.85 | CLOSE: 11,729.60 | |
LOWER RANGE: 11,650 | UPPER RANGE: 11,760 |
NIFTY could not hold the 11,900 level and after opening that level it has fallen by 1.3%. Holding the 11,800 level is now important for the next bull movement.
NIFTY FORECAST
After recovery, NIFTY could not hold the level. The lower range is 11,650 and the upper range is 11,760. If NIFTY breaks above 11,760 and hold the 11,800 level then the next resistance is 11,900. If breaks below next support are 11,500
STOCK ANALYSIS
Stocks to add to the watchlist.
Company | Open | High | Low | Close | Wed %Gain / Loss | Tue % Gain/ Loss |
DMART | 2197 | 2249 | 2175 | 2240.2 | 2.94 | 1.49 |
MINDTREE | 1381.45 | 1393.6 | 1316.1 | 1327.25 | -3.92 | -0.75 |
RELIANCE | 2041.8 | 2057.7 | 2007.4 | 2011.45 | -1.13 | 0.27 |
SYNGENE | 566.4 | 567.4 | 536 | 545.95 | -3.53 | 0.52 |
STOCK RECOMMENDATION
The revised entry price of the stocks provided. DMART has already made 6.5% from the first entry point. People could book partial profit.
Company | Price | Recommendation |
DMART | 2110 | Buy Above this price |
MINDTREE | 1360 | Buy Above this price |
RELIANCE | 2040 | Buy Above this price |
SYNGENE | 560 | 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