Market Analysis & Forecast for 12th March

 

NIFTY ANALYSIS

OPEN:  15,202.15 HIGH: 15,218.45
LOW:  15,100.85 CLOSE: 15,174.80
LOWER RANGE:  15,150 UPPER RANGE: 15,250

Nifty took support at 15,000 at moved upward till 15,200. Now, 15,000 is strong support. Nifty may witness 15,400 

NIFTY FORECAST

DII has a net buy of 447 Cr. market has pushed up for the US bond rate. Upper range is 15,250. Breaking this level will take the market to 15,400 levels.

STOCK RECOMMENDATION

CompanyPriceRecommendation
WIPRO430Buy above this price
INFY1375Buy 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