Market Analysis for 1st July

 

Nifty Analysis

NIFTY started with a positive note today. Around 11:30 PM nifty started breaking the high of opening range 10360.  The bullish trend started. Nifty has made a rally of 80 points.

Nifty has made an overall rally of 1.14% compared to yesterday.

Forecast: If Nifty brakes above 10500 we will see more uptrend. If Nifty will break below 10200, we will see downtrend.

Stock Performance

Below are the stocks that have performed very well today.

TickerOpenHighLowClose% Gain
BAJAJFINSV58186194.85802.656148.855.2
BAJFINANCE28312968.7280629494.17
HDFC17641844.81760.41836.84.68
UPL430.9449429447.65.27
AXISBANK410437.35406.65432.456.34

Above stocks have created a new range. Once this range is broken, we will see an uptrend in these stocks.

Buy Suggestion:

TickerPrice
BAJAJFINSV6195
BAJFINANCE2870
HDFC1845
UPL450
AXISBANK439

 

About Soumen Sadhukhan 56 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