Market Analysis & Forecast for 14th October

NIFTY ANALYSIS

OPEN:  11,934.6 HIGH: 11,988.2
LOW:  11,888.9 CLOSE: 11,934.1
LOWER RANGE:  11,840 UPPER RANGE: 11,960

NIFTY was within its range and could not break either side. Consolidation started. 

NIFTY FORECAST

NIFTY consolidation started so it’s moving within its mean. If it breaks 11,960 we will see uptrend till 12,200 and if breaks below 11,840 we will see support at 11,600

STOCK ANALYSIS

Stocks to add to the watchlist. 

CompanyOpenHighLowCloseTue %Gain / LossMon % Gain/ Loss
DABUR515.9524.5512.8514.25-0.24-0.69
JSWSTEEL285291.1283.95289.951.68-2.35
AUROPHARMA830844805.6810.05-2.89-0.05

STOCK RECOMMENDATION

Stocks Recommended if the price breaks above. All the stocks were opened below so entry didn’t come. 

CompanyPriceRecommendation
DABUR522Buy Above this price
AUROPHARMA842Buy Above this price