Market Analysis & Forecast for 15th July



 OPEN:  10750.9 HIGH: 10750.9
LOW:  10562.9 CLOSE: 10610.1
LOWER RANGE:  10,500 UPPER RANGE: 10,850

As per yesterday’s forecast NIFTY could not break 10,850. NIFTY opened very close to the lower range 10,700 and bear took control. As NIFTY broke the lower range it observed a downfall. Now NIFTY is trading in the range of 10,500 to 10,850.


NIFTY has a very wide range today. Taken the global que NIFTY has broken its lower range. Now NIFTY has to break above 10,850 for uptrend and if it breaks below 10,500 it will further go down till 10,200.


NIFTY has dragged down all the major stocks. Below stock you can add to your watch list.

CompanyOpenHighLowCloseTue %Gain / LossMon % Gain/ Loss


Stocks Recommended if the price breaks above. We have to wait till the end of Wednesday to verify if the market really rebounds, if the downfall continues, wait for the entry price.

TECHM605Buy Above this price
ITC201Buy Above this price


About Soumen Sadhukhan 89 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