Market Analysis & Forecast for 1st March



OPEN:  14,888.60 HIGH: 14,919.45
LOW:  14,467.75 CLOSE: 14,529.15
LOWER RANGE:  14,480 UPPER RANGE: 15,580

Sensex sees the worst daily fall since May 2020. Tanks 1939 points. Nifty down by 568 points, almost 3.76%. India VIX up. Volatility increasing. US stocks saw a sell-off due to an increase in Bond yield. That has resulted in the Indian market to go down. 


FII was a net seller, sold around 8295 Cr. DII bought around 1499 Cr. Lowe range is 14,480 and the upper range is 15,580. If Nifty breaks 14,480, we will see support at 14,360. Nifty will recover but overall very volatile. Strategy fundamentally good stocks buy on dip.


ONGC120Buy above this price
M&M820Buy 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