Market Analysis & Forecast for 18th August

 

NIFTY ANALYSIS

 OPEN:  11,248.9 HIGH: 11,267.1
LOW:  11,144.5 CLOSE: 11,259.4
LOWER RANGE:  11,100 UPPER RANGE: 11,280

NIFTY was almost flat for the day. It has traded around its upper range. In the last session, it tried to break its upper range.

NIFTY FORECAST

NIFTY movement is due. It is consolidating and setting up the direction for the market. The lower range is 11,100 and upper range 11,280

STOCK ANALYSIS

Stocks to add in the watchlist

CompanyOpenHighLowCloseMon %Gain / LossFri % Gain/ Loss
JSWSTEEL266.9271.25263.2269.61.62.61
TITAN11131126.211061123.851.780.59
AUROPHARMA888.9889.4856.25863-1.83-0.25

STOCK RECOMMENDATION

Stocks Recommended if the price breaks above.

 CompanyPriceRecommendation
JSWSTEEL269Buy Above this price

 

About Soumen Sadhukhan 93 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