Market Analysis & Forecast for 14th August

 

NIFTY ANALYSIS

 OPEN:  11,334.9 HIGH: 11,359.3
LOW:  11,270 CLOSE: 11,311.6
LOWER RANGE:  11,200 UPPER RANGE: 11,350

NIFTY was range-bound and traded between 11,200 and 11,350. NIFTY has managed to close to its upper range.

NIFTY FORECAST

NIFTY next 11,350 is strong resistance. Once break it will go up to 11,600. Lowe range is 11,200.

STOCK ANALYSIS

Stocks to add in the watchlist

CompanyOpenHighLowCloseThu %Gain / LossWed % Gain/ Loss
AXISBANK454.1456.75445.35450-0.240.69
BHARTIARTL534548.3524.25536.5-2.04-0.62
DABUR508.9509.3495.75499-0.91-1.86
TCS227323002250.522600.12-0.99

STOCK RECOMMENDATION

Stocks Recommended if the price breaks above.

 CompanyPriceRecommendation
AXISBANK450Buy Above this price
TCS2298Buy Above this price
BHARTIARTL550Buy Above this price

 

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