Market Analysis & Forecast for 15th January



OPEN:  14,550.05 HIGH: 14,617.80
LOW:  14,471.50 CLOSE: 14,595.60
LOWER RANGE:  14,550 UPPER RANGE: 14,650

NIFTY has a gap down opening but in the second session, it has recovered the loss and closed at 14,590. It has a nice breakout of 1st 30 mins high. 1st 30 mins normally form days trading range in a sideways market.


NIFTY has a narrow range of 14,550 to 14,650. Once the range is broken we will observe more upside movement. Breaking 14,650 will take the index to 14,800


Stocks to add to the watchlist. 

CompanyOpenHighLowCloseThu %Gain / LossWed % Gain/ Loss


BIOCON460Entry Triggered at 460, hold
INFY1170Entry Triggered at 1170, hold. Infy has a good quarterly result.
DABUR540Entry Triggered


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