NIFTY 50 SCRIPS ANALYSIS

Last week I have posted my analysis in this blog with a very clear indication that Nifty is in consolidation mode with positive bias. This week the same trend is continuing and 45 scrips are bullish and closed above my level. 

Bank Nifty scrips have turned bullish and almost all scrips are likely to pick up momentum during this week. 

Remember a close below my level indicates weakness. Watch out on a daily basis. My level is valid for the whole week for these scrips.

NIFTY 50	My level	Close
ADANIPORTS	403.02	422.75
ASIANPAINT	1755.75	1810.60
AXISBANK	674.60	712.45
BAJAJ-AUTO	2952.83	3096.50
BAJJFINSV	8281.12	8315.00
BAJFINANCE	3974.13	4153.00
BHARTIARTL	357.65	384.60
BPCL	508.63	524.80
BRITANNIA	2987.65	3260.00
CIPLA	419.68	442.00
COALINDIA	191.77	206.60
DRREDDY	2654.72	2721.10
EICHERMOT	18814.23	20307.20
GAIL	129.03	129.90
GRASIM	679.00	747.00
HCLTECH	1075.42	1097.05
HDFC	2014.45	2095.45
HDFCBANK	1201.95	1228.15
HEROMOTOCO	2645.38	2653.00
HINDALCO	186.12	187.70
HINDUNILVR	1995.95	2103.95
ICICIBANK	423.03	438.35
INDUSINDBK	1272.78	1339.95
INFRATEL	251.07	260.50
INFY	789.02	760.00
IOC	146.90	146.15
ITC	249.18	247.05
JSWSTEEL	215.83	223.00
KOTAKBANK	1580.13	1617.90
LT	1420.98	1455.00
M&M	569.03	596.05
MARUTI	6885.92	7350.50
NESTLEIND	13948.10	14882.20
NTPC	117.87	120.75
ONGC	132.67	142.55
POWERGRID	198.07	203.15
RELIANCE	1342.83	1418.00
SBIN	255.22	269.40
SUNPHARMA	388.38	402.40
TATAMOTORS	126.48	137.05
TATASTEEL	338.75	361.00
TCS	2022.75	2030.70
TECHM	714.47	728.20
TITAN	1244.32	1278.00
ULTRACEMCO	4065.18	4267.65
UPL	586.60	592.95
VEDL	146.57	149.00
WIPRO	241.73	249.50
YESBANK	43.95	51.40
ZEEL	238.05	250.55