NIFTY ANALYSIS
OPEN: 12,062.40 | HIGH: 12,131.10 | |
LOW: 12,027.60 | CLOSE: 12,120.30 | |
LOWER RANGE: 11,900 | UPPER RANGE: 12,150 |
Taking the global cue Indian market has made a new high. All the sector was green and 48 stocks out of 50 stocks in Nifty 50 were green. Now NIFTY has to hold this 12,000 level to make a further move of 12,400.
NIFTY FORECAST
Indian all indices are green and it is getting stronger. 12,120 is the upper range and 12,200 is stronger resistance. Once break we will see an uptrend. 11,900 is a lower range. Once break we will see a downtrend.
STOCK ANALYSIS
Stocks to add to the watchlist.
Company | Open | High | Low | Close | Thu %Gain / Loss | Wed % Gain/ Loss |
DMART | 2202.5 | 2325.45 | 2202.5 | 2270 | -0.91 | 3.7 |
MINDTREE | 1353.4 | 1371.3 | 1346 | 1358.25 | 1.72 | 1.32 |
RELIANCE | 1954.95 | 1960.95 | 1932 | 1956.8 | 2.28 | 3.39 |
SYNGENE | 549 | 552.85 | 540.6 | 547 | 0.11 | -0.23 |
STOCK RECOMMENDATION
Entry.triggered for all the stocks. DMART, RELIANCE, MINDTREE already has provided positive returns. No new entry price is given today. Follow your exit criteria to book the price.
Company | Price | Recommendation |
DMART | 2200 | Buy Above this price |
MINDTREE | 1330 | Buy Above this price |
RELIANCE | 1860 | 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