Market Analysis & Forecast for 11th February



 OPEN:  15,119.05 HIGH: 15,168.25
LOW:  14,977.20 CLOSE: 15,106.50
LOWER RANGE:  14,950 UPPER RANGE: 15,150

In the opening session, NIFTY broke the support. From support, it has recovered. Profit booking still continues and DII kept on selling. Net flow is negative. DII sold 2075.68 Cr, FII bought 1786.97 Cr. This is creating stress in the market.


Nifty upper range is 15,150. If the upper range is broken we can see a potential uptrend till 15,600 and the lower range is 15,050. Lower range shifted to 14,950.


DMART2887Buy above this price, buy price triggered. No fresh buy.
ITC220Buy above this price, buy price triggered.
TECHM990Buy above this price, 990.


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