NIFTY ANALYSIS
| OPEN: 14,550.05 | HIGH: 14,617.80 | |
| LOW: 14,471.50 | CLOSE: 14,595.60 | |
| LOWER RANGE: 14,550 | UPPER RANGE: 14,650 |
NIFTY has a gap down opening but in the second session, it has recovered the loss and closed at 14,590. It has a nice breakout of 1st 30 mins high. 1st 30 mins normally form days trading range in a sideways market.
NIFTY FORECAST
NIFTY has a narrow range of 14,550 to 14,650. Once the range is broken we will observe more upside movement. Breaking 14,650 will take the index to 14,800
STOCK ANALYSIS
Stocks to add to the watchlist.
| Company | Open | High | Low | Close | Thu %Gain / Loss | Wed % Gain/ Loss |
| BIOCON | 463.1 | 468.2 | 458.55 | 466.5 | 0.8 | -1.9 |
| DABUR | 536.5 | 552.45 | 535.25 | 548.9 | 2.39 | -0.91 |
| INFY | 1360 | 1384 | 1318.45 | 1370.5 | -1.2 | 1.12 |
STOCK RECOMMENDATION
| Company | Price | Recommendation |
| BIOCON | 460 | Entry Triggered at 460, hold |
| INFY | 1170 | Entry Triggered at 1170, hold. Infy has a good quarterly result. |
| DABUR | 540 | Entry Triggered |
