Market Analysis & Forecast for 15th February

 

NIFTY ANALYSIS

 OPEN:  15,186.20 HIGH: 15,243.50
LOW:  15,081.00 CLOSE: 15,163.30
LOWER RANGE:  15,100 UPPER RANGE: 15,200

NIFTY opened with a positive note. Morning session Nifty made day’s high. After that, it was a flat market. Nifty was moving within the range. Nifty has formed a doji candle. Market is in an indecisive situation. We may still see some correction. But the overall mood is bullish.

NIFTY FORECAST

Nifty upper range is 15,200. If the upper range is broken we can see a potential uptrend till 15,600 and the lower range is 15,100. It is moving within the range. Buy in dips is the strategy for the day.

STOCK RECOMMENDATION

 CompanyPriceRecommendation
SUNPHARMA635Buy above this price
COALINDIA140Buy above this price

 

About Soumen Sadhukhan 117 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