Market Analysis & Forecast for 20th August

 

NIFTY ANALYSIS

 OPEN:  11,452.1 HIGH: 11,460.4
LOW:  11,394.1 CLOSE: 11,408.4
LOWER RANGE:  11,350 UPPER RANGE: 11,400

NIFTY has gap up and broken its upper range 11,400. Could not hold the price movement. It has made some consolidation.

NIFTY FORECAST

NIFTY has a bigger range shift. Lower limit is 11,350 and upper limit is 11,400. But before nifty moves up it will make a consolidation. Lower side it may go down till 11,200.

STOCK ANALYSIS

Stocks to add to the watchlist. JSWSTELL and .TITAN made continuous 3 days positive movement.

CompanyOpenHighLowCloseWed %Gain / LossTue % Gain/ Loss
JSWSTEEL278279.9274.2278.550.512.8
TITAN1158.85115911451148.40.251.93
AUROPHARMA875.7889.6862.1864.35-0.891.05

STOCK RECOMMENDATION

Stocks Recommended if the price breaks above.

 CompanyPriceRecommendation
JSWSTEEL269Buy 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