|OPEN: 14,952.60||HIGH: 15,014.65|
|LOW: 14,864.75||CLOSE: 14,924.25|
|LOWER RANGE: 14,850||UPPER RANGE: 14,950|
Nifty has touched 15,000 it’s one of the psychological resistance. This is where we are observing a lot of profit bookings on the stocks. In less than 1 year Nifty has reached from 7,500 to 15,000. January months mostly earnings month. A lot of Stocks has pulled Nifty up.
Nifty upper range is 14,950. If the upper range is broken we can see a potential uptrend till 15,200 and the lower range is 14,850. If the lower range is broken then support is at 14,200. Upside movement we may observe till 15,400.
|DMART||2887||Buy above this price, buy price triggered|
|ITC||220||Buy above this price, buy price triggered.|
|TECHM||990||Buy above this price, 943 is support. Initial target 1068. Wait for entry|
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