Market Analysis & Forecast for 14th July

July 13, 2020 Soumen Sadhukhan Markets 0

 

NIFTY ANALYSIS

 OPEN:  10851.9 HIGH: 10894
LOW:  10756 CLOSE: 10815.2
LOWER RANGE:  10,700 UPPER RANGE: 10,900

NIFTY opened with a positive note and broke 10,850 the upper range. It has a decent gain and closed above 10,800.

NIFTY FORECAST

As forecasted yesterday breaking above 10,850 will indicate bulls are controlling the market. NIFTY next resistance level is 11,000. Here some profit booking will happen.

STOCK ANALYSIS

Stocks from yesterday’s analysis have performed a descent gain today.

CompanyOpenHighLowCloseMon %Gain / LossFri % Gain/ Loss
BHARTIARTL574.5589570586.62.071.06
CIPLA641646636.6638.85-0.01-0.02
DABUR474.95486474.9484.52.180.23
ITC195.9198.75195.1197.751.75-0.56

STOCK RECOMMENDATION

Stocks Recommended if the price breaks above.

 CompanyPriceRecommendation
AUROPHARMA830Buy Above this price
CIPLA648Buy 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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