|NIFTY WEEKLY ANALYSIS|
|OPEN: 10615||HIGH: 10631.3|
|LOW: 10562.6||CLOSE: 10607.4|
|FRIDAY GAIN/LOSS: 0.53%||THURSDAY GAIN/LOSS 1.17%|
|WEDNESDAY GAIN/LOSS 1.24%||NIFTY LOT SIZE: 75|
NIFTY continuously moving up for the last 3 days. Now if NIFTY sustains above 10700, we will see more positive moves, but if NIFTY breaks below 10500 we will see a down fall. Stocks which have a strong relation with the NIFTY index have provided good returns this week.
NIFTY may retest 10500 Level. We will observe some consolidation around 10500 and 10700
NIFTY is trading above 20 days and 50 days moving average.
|Company||Open||High||Low||Close||Fri % Gain/Loss||Thurs % Gain/Loss||Wed % Gain/Loss|
In last 3 days HDFC, Hero Motor, ITC, Reliance and TCS have provided positive returns.
There are buying opportunities left on these stocks.
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