NIFTY ANALYSIS
OPEN: 11,678.45 | HIGH: 11,748.95 | |
LOW: 11,535.45 | CLOSE: 11,642.40 | |
LOWER RANGE: 11,500 | UPPER RANGE: 11,670 |
NIFTY broke the lower range and traded below its 2 days high. Nifty trend is negative.
NIFTY FORECAST
NIFTY continuously trading around its lower range. It has trying to test support at 11,500. Once support is broken we will see a down trend. Its upper range is 11,670. For upper trend nifty has to stay above 11,700
STOCK ANALYSIS
Stocks to add to the watchlist.
Company | Open | High | Low | Close | Fri %Gain / Loss | Thu % Gain/ Loss |
DMART | 2260 | 2278.9 | 2195.75 | 2239.9 | -1.2 | 1.2 |
RELIANCE | 2033.5 | 2065.1 | 2021.8 | 2054.5 | 1.36 | 0.77 |
SYNGENE | 540 | 553.65 | 529.5 | 534.95 | -0.59 | -1.43 |
MINDTREE | 1335 | 1353.95 | 1313 | 1327.6 | 0.68 | -0.65 |
STOCK RECOMMENDATION
The revised entry price of the stocks provided. 1st Target of DMAR has been met.
Company | Price | Recommendation |
DMART | 2110 | Buy Above this price |
MINDTREE | 1350 | 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