Market Analysis & Forecast for 17th July

 

NIFTY ANALYSIS

 OPEN:  10706.2 HIGH: 10755.3
LOW:  10595.2 CLOSE: 10728.5
LOWER RANGE:  10,650 UPPER RANGE: 10,800

NIFTY has recovered from yesterday’s fall which was due to Reliance Industries. NIFTY lower range shifted from 10,500 to 10,650. NIFTY upper range is 10,800

NIFTY FORECAST

NIFTY has made a recovery of yesterday’s fall and is waiting for direction. IF it breaks 10,800 we will see uptrend till 11,000 and if it breaks down 10,650 we will see downtrend till 10,200.

STOCK ANALYSIS

Today stocks started picking up. CIPLA and DABUR have made a decent gain.

CompanyOpenHighLowCloseThu %Gain / LossWed % Gain/ Loss
CIPLA639.95677.4635.9673.65.550.89
DABUR481489474.5487.71.68-0.07
ICICIBANK347.95348.6341344.85-0.27-0.07
TITAN968.5972.95941.8960.05-0.82-0.74
AUROPHARMA840842.35821.25837.4-0.323.79

STOCK RECOMMENDATION

Stocks Recommended if the price breaks above.

 CompanyPriceRecommendation
TITAN986Buy Above this price
AUROPHARMA847Buy 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