Market Analysis & Forecast for 5th March

 

NIFTY ANALYSIS

OPEN:  15,026.75 HIGH: 15,202.35
LOW:  14,980.20 CLOSE: 15,080.75
LOWER RANGE:  14,950 UPPER RANGE: 15,130

Sensex is down because of global ques. Tanks 599 points. Nifty ends at 15,081. Down by 1.08%. The first expiry of the March series ended in Red.

NIFTY FORECAST

FII and DII both sold heavily. FII sold around -233 Cr and DII sold around -788Cr. Both together bought the market down by 1%. The nifty lower range is 14,950 and upper range is 15,130

STOCK RECOMMENDATION

CompanyPriceRecommendation
WIPRO445Buy above this price

 

About Soumen Sadhukhan 126 Articles
Soumen Sadhukhan, is a Stock Trading Expert with strong DataScience Background. He builds and implements Artificial Intelligent Tools in the areas of Stock Trading, Commodities, Forex, etc., He also provides training and consulting on Technical Analysis of the stock market, Trading and Investment using Technical Indicator and Machine learning , Quantitative Analytics using statistical model , Portfolio Management Risk Management and Risk Optimization , Algorithmic Trading and Trading System building , Hedge fund management and other programmes
Disclaimer: Our forecasts are based on predictions from our algorithms. However and they involve risks, variables and uncertainties. No guarantee is presented or implied as to the accuracy of forecasts, projections or predictive statements contained herein. Invest at your own risk