NIFTY ANALYSIS
| WEEKLY OPEN: 10999.5 | WEEKLY HIGH: 11239.8 | |
| WEEKLY LOW: 10953 | WEEKLY CLOSE: 11,194.15 | |
| WEEKLY LOWER RANGE: 10,900 | WEEKLY UPPER RANGE: 11,250 | |
| PREV WEEK LOWER RANGE: 10,500 | PREV WEEK UPPER RANGE:11,250 |
This was a great week. NIFTY moved from 10,900 to 11,239. NIFTY broke the upper range guidance. Reliance has made a big contribution to the movement of Index.
STOCK ANALYSIS
Weekly Returns
Overall return of the stocks in our watch list have provided a positive gain. Returns have been compared with previous week. Stocks are gaining momentum. Market consolidation is pending.
| Company | Wk1 %Gain / Loss | Wk2 %Gain / Loss | Wk3 %Gain / Loss | Wk4 % Gain/ Loss | Wk5 % Gain/ Loss |
| AXISBANK | 6.42 | -1.48 | 2.6 | 0.85 | 1.87 |
| CIPLA | -2.4 | 7.86 | 0.02 | 0.61 | -0.2 |
| HDFC | 3.68 | -4.25 | 0.04 | 6.55 | -3.58 |
| ICICIBANK | 11.59 | -1.82 | -0.18 | 3.41 | -4.04 |
| ITC | 3.68 | -0.15 | -6.36 | 6.33 | 6.06 |
| TCS | -1.21 | -0.97 | 1.03 | 3.81 | 3.63 |
| TITAN | 7.18 | 3.74 | -4.15 | 3.86 | -0.99 |
