Market Analysis & Forecast for 15th October

 

NIFTY ANALYSIS

 OPEN:  11,917.40 HIGH: 11,997.20
LOW:  11,822.15 CLOSE: 11,971.05
LOWER RANGE:  11,790 UPPER RANGE: 12,000

NIFTY was highly volatile but manage to close above 11,950. NIFTY consolidation is pending. 

NIFTY FORECAST

NIFTY consolidation started and it’s highly volatile. The upper range is 12,000. If breaks we will see uptrend till 12,600 and the lower range is 11,790. If it breaks we will see a downtrend till 11,500

STOCK ANALYSIS

Stocks to add to the watchlist.

CompanyOpenHighLowCloseWed %Gain / LossTue % Gain/ Loss
DABUR513.85518.5506.25517.250.58-0.24
JSWSTEEL289.25292285.5289.9-0.021.68
AUROPHARMA808816793.25809.25-0.1-2.89

STOCK RECOMMENDATION

Stocks Recommended if the price breaks above. All the stocks were opened below so entry didn’t come.

 CompanyPriceRecommendation
DABUR525Buy Above this price
AUROPHARMA815Buy 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