NIFTY ANALYSIS
| OPEN: 14,538.30 | HIGH: 14,6666.45 | |
| LOW: 14,517.55 | CLOSE: 14,644.70 | |
| LOWER RANGE: 14,600 | UPPER RANGE: 14,700 |
NIFTY has broken its resistance. It is a V-shaped recovery from the correction. Reliance had a major contribution to the index gain.
NIFTY FORECAST
NIFTY is in bullish mode. Correction can happen. The range becomes very narrow. If nifty breaks above 14,700 we can see an upside till 14,850.
STOCK ANALYSIS
Stocks to add to the watchlist.
| Company | Open | High | Low | Close | Wed %Gain / Loss | Tue % Gain/ Loss |
| BIOCON | 451.6 | 453.9 | 448.05 | 449.8 | -0.4 | 0.6 |
| CIPLA | 822.5 | 834.9 | 822.3 | 832.8 | 1.26 | 2.58 |
| DABUR | 544 | 544.85 | 536.6 | 537.65 | -0.69 | 0.73 |
| INFY | 1320.55 | 1348.4 | 1320.55 | 1339.45 | 1.73 | 0.35 |
| AUROPHARMA | 926.2 | 942 | 923.7 | 930 | 0.62 | 0.76 |
STOCK RECOMMENDATION
| Company | Price | Recommendation |
| BIOCON | 460 | Entry Triggered at 460, hold |
| INFY | 1170 | Entry Triggered at 1170, market is consolidating. Book partial profit. |
| DABUR | 540 | Entry triggered. |
| CIPLA | 840 | Buy above this price |
| AUROPHARMA | 935 | Buy above this price |
