Market Analysis & Forecast for 13th July

July 12, 2020 Soumen Sadhukhan Markets 0

 

NIFTY ANALYSIS

 OPEN:  10764.1 HIGH: 10819.4
LOW:  10713 CLOSE: 10772.6
LOWER RANGE:  10,700 UPPER RANGE: 10,850

NIFTY has a lower range shift from 10650 to 10,700. NIFTY upper range is 10,850. Breaking upper range will take NIFTY to 11,000 If NIFTY breaks 10,700 it may test 10,500

NIFTY FORECAST

You can go long on NIFTY breaking 10,850. Overall NIFTY outlook is bullish. To go short on NIFTY future, wait till NIFTY breaks below 10,700.

STOCK ANALYSIS

CompanyOpenHighLowCloseFri %Gain / LossThurs % Gain/ Loss
BHARTIARTL569.1579565.65574.71.061.31
CIPLA640647636.7638.9-0.020.73
DABUR473.4478.4472.1474.150.23-0.04
ITC195.15196.5194194.35-0.56-0.43
TCS2205.252249.8521762222.350.82-0.66

STOCK RECOMMENDATION

Stocks Recommended if the price breaks above.

 CompanyPriceRecommendation
Bharti Airtel576Buy Above this price
CIPLA640Buy 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

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