NIFTY ANALYSIS
| OPEN: 11,126.1 | HIGH: 11,179.5 | |
| LOW: 11,113.3 | CLOSE: 11,170.2 | |
| LOWER RANGE: 10,900 | UPPER RANGE: 11,200 |
NIFTY opened on a positive note and gap up. It has broken the upper range guidance provided in yesterday’s forecast. NIFTY is continuously having a range shift. Lower range shifted to 10,900.
NIFTY FORECAST
NIFTY lower range shifted from 10,750 to 10,900. Upper range is 11,200. If nifty breaks above 11,200 we will see more uptrend. If NIFTY breaks 10,900 we will see consolidation around 10,800.
STOCK ANALYSIS
Stocks to watch this week. In yesterday’s watchlist 2 stocks ICICIBANK and HDFC gained over 4%
| Company | Open | High | Low | Close | Tue %Gain / Loss | Mon % Gain/ Loss |
| AXISBANK | 440 | 451 | 438.5 | 445.9 | 2.74 | 0.21 |
| CIPLA | 676.1 | 682.1 | 660 | 663.3 | -1.64 | -2.14 |
| HDFC | 1816.5 | 1900.95 | 1815 | 1887 | 4.48 | 0.01 |
| ICICIBANK | 371 | 379.9 | 370.15 | 378.9 | 4.38 | 2.6 |
| ITC | 192.1 | 194.2 | 191.5 | 192.3 | -0.21 | -0.7 |
| TCS | 2230 | 2238.65 | 2201.15 | 2224.55 | 0.75 | 0.32 |
| TITAN | 1004 | 1017.4 | 999.25 | 1016.8 | 1.51 | 0.39 |
STOCK RECOMMENDATION
Stocks Recommended if the price breaks above.
| Company | Price | Recommendation |
| CIPLA | 683 | Buy Above this price |
| ICICIBANK | 381 | Buy Above this price |
| TCS | 2240 | Buy Above this price |
