NIFTY ANALYSIS
OPEN: 11,697.35 | HIGH: 11,725.65 | |
LOW: 11,557.40 | CLOSE: 11,669.15 | |
LOWER RANGE: 11,530 | UPPER RANGE: 11,700 |
NIFTY was almost in the same range as in previous days. Reliance has gone down 8% but NIFTY was not affected by that. Banking stocks stopped the fall. HDFC has gained 6%.
NIFTY FORECAST
NIFTY lowe range is 11,530 and upper range is 11,700. If NIFTY breaks above 11,700 and hold we will see an uptrend, if breaks below 11,530 we will see a downtrend
STOCK ANALYSIS
Stocks to add to the watchlist.
Company | Open | High | Low | Close | Mon %Gain / Loss | Fri % Gain/ Loss |
DMART | 2240 | 2259 | 2163 | 2205.75 | -1.52 | -1.2 |
RELIANCE | 1329.25 | 1344.7 | 1307.55 | 1317.85 | -0.73 | 0.68 |
SYNGENE | 2027 | 2027 | 1859.15 | 1877.45 | -8.62 | 1.36 |
MINDTREE | 535.95 | 536.8 | 522 | 528.95 | -1.12 | -0.59 |
STOCK RECOMMENDATION
The revised entry price of the stocks provided. People can enter DMART again. Reliance a good pick if traded above.
Company | Price | Recommendation |
DMART | 2110 | Buy Above this price |
MINDTREE | 1350 | Buy Above this price |
RELIANCE | 1890 | Buy Above this price |
SYNGENE | 540 | 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