Market Analysis & Forecast for 21st July

 

NIFTY ANALYSIS

 OPEN:  10995.5 HIGH: 11037.9
LOW:  10953 CLOSE: 11027.7
LOWER RANGE:  10,750 UPPER RANGE: 11,100

NIFTY opened with a positive note and made a new high. Finally, NIFTY broke 11,000. It was able to hold today’s gain. Traders in the future and option market have made decent profit.

NIFTY FORECAST

NIFTY’s lower range shifted from 10,650 to 10,750. Upper range is no 11,100. NIFTY may consolidate around 10,850 before breaking 11,100.

STOCK ANALYSIS

Stocks to watch this week.

CompanyOpenHighLowCloseMon %Gain / LossTue % Gain/ Loss
AXISBANK437.7442.8429.3434.550.33-0.21
CIPLA689690.85672.35674.3-2.152.16
HDFC1844184418011804.05-0.11.01
ICICIBANK358366.35355.25362.12.352.65
ITC195195.3192.35192.6-0.750.1
TCS22012226.92190.822140.6-1.52
TITAN10001012.59861001.450.363.8

STOCK RECOMMENDATION

Stocks Recommended if the price breaks above.

 CompanyPriceRecommendation
CIPLA697Buy Above this price
ICICIBANK368Buy Above this price
TCS2245Buy Above this price

 

About Soumen Sadhukhan 55 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