NIFTY ANALYSIS
| OPEN: 12,680.60 | HIGH: 12,769.75 | |
| LOW: 12,571.10 | CLOSE: 12,749.15 | |
| LOWER RANGE: 12,530 | UPPER RANGE: 12,800 |
NIFTY has made again new high and this is for a positive global economy. This is the last uptrend. Now the consolidation and profit-booking will start.
NIFTY FORECAST
NIFTY has made a new high and it may continue till 12900 before it starts consolidation. Consolidation will happen between 12,600 and 12,300. We will see profit booking for multiple stocks. After consolidation when NIFTY holds the 12,600 level then we will see an uptrend.
STOCK ANALYSIS
Stocks to add to the watchlist.
| Company | Open | High | Low | Close | Wed %Gain / Loss | Tue % Gain/ Loss |
| ICICIBANK | 484.75 | 490.55 | 472.1 | 489.8 | 1.23 | 4.57 |
| MINDTREE | 1318.4 | 1333 | 1293.05 | 1326 | 1.07 | -4.28 |
| SYNGENE | 546.6 | 546.6 | 536.05 | 542.9 | -0.35 | 1.56 |
| HDFC | 2279 | 2337 | 2273 | 2318 | 2.02 | 5.58 |
STOCK RECOMMENDATION
You can start booking the profit from the stocks. After consolidation and correction, we will get a new entry.
| Company | Price | Recommendation |
| HDFC | 2330 | Buy Above this price |
| ICICIBANK | 500 | Buy Above this price |
| MINDTREE | 1340 | Buy Above this price |
| SYNGENE | 540 | Buy Above this price |
