Market Analysis & Forecast for 17th August

 

NIFTY ANALYSIS

 OPEN:  11,353.3 HIGH: 11,366.25
LOW:  11,111.45 CLOSE: 11,178.40
LOWER RANGE:  11,100 UPPER RANGE: 11,250

NIFTY has broken its lower range and came down by 240 points, and in the last session, it has recovered little.

NIFTY FORECAST

NIFTY has a range shift and waiting for a breakout. The NIFTY upper range is 11,100 and the lower range is 11,250. Once it breaks either side we will see a move up to another 100 points.

STOCK ANALYSIS

Stocks to add in the watchlist

CompanyOpenHighLowCloseFri %Gain / LossThu % Gain/ Loss
JSWSTEEL259267.3257.55265.352.610.7
TITAN1097.6511191090.11104.150.593.91
AUROPHARMA888.95899.95863.3879.1-0.25-5.66

STOCK RECOMMENDATION

Stocks Recommended if the price breaks above.

 CompanyPriceRecommendation
JSWSTEEL269Buy 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