NIFTY ANALYSIS
| OPEN: 11,447.8 | HIGH: 11,493.5 | |
| LOW: 11,419.9 | CLOSE: 11,464.5 | |
| LOWER RANGE: 11,390 | UPPER RANGE: 11,490 |
NIFTY has moved between a very narrow range. It could not break its resistance nor support. Breaking the support or resistance will provide guidance.
NIFTY FORECAST
NIFTY is moving within a narrow range. This week we will see some indecision because of SEBI circular on the mutual fund. The mutual fund manager has to rebalance large-cap shared from the multi-cap. Possible opportunity to pick up quality stock at a lower price in the future. NIFTY upper range is 11,490 and the lower range is 11,390.
STOCK ANALYSIS
Stocks to add to the watchlist.
| Company | Open | High | Low | Close | Fri %Gain / Loss | Thu % Gain/ Loss |
| CIPLA | 725.8 | 731.5 | 720.25 | 725.95 | -0.12 | -0.1 |
| ICICIBANK | 373 | 373.65 | 365.1 | 370.5 | -0.05 | 0.84 |
| ITC | 184.9 | 186.5 | 182.75 | 183.95 | -0.51 | 0.6 |
STOCK RECOMMENDATION
Stocks Recommended if the price breaks above.
| Company | Price | Recommendation |
| CIPLA | 432 | Buy Above this price |
| ITC | 187 | Buy Above this price |
