Market Analysis & Forecast for 12th February



OPEN:  15,073.25 HIGH: 15,188.50
LOW:  15,065.40 CLOSE: 15,173.30
LOWER RANGE:  15,125 UPPER RANGE: 15,225

NIFTY opened with a positive note. Morning session Nifty made day’s high. After that, it was a flat market. Thursday being expiry, still, volatility was not much before the market closes. Option seller has a very good profit, premium decay very high at the second session.


Nifty upper range is 15,225. If the upper range is broken we can see a potential uptrend till 15,600 and the lower range is 15,125. Lower range shifted to 15,125. If index holds this level it is a clear uptrend.


SUNPHARMA650Buy above this price
COALINDIA145Buy 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