Market Analysis & Forecast for 19th August

 

NIFTY ANALYSIS

 OPEN:  11,259.8 HIGH: 11,401.7
LOW:  11,253.1 CLOSE: 11,385.4
LOWER RANGE:  11,200 UPPER RANGE: 11,400

NIFTY has broken its upper range 11,280 and hit 11,400. The gain of 120 points. Here NIFTY will consolidate before making further movement.

NIFTY FORECAST

NIFTY has started its uptrend and made a high of 11,400. Now lower range shifted from 11,100 to 11,200.

STOCK ANALYSIS

Stocks to add in the watchlist. All the stocks in the watchlist have a decent gain.

CompanyOpenHighLowCloseTue %Gain / LossMon % Gain/ Loss
JSWSTEEL270.6279.2267.35277.152.81.6
TITAN1128.951151.81125.11145.551.931.78
AUROPHARMA863882.9855872.11.05-1.83

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