Market Analysis & Forecast for 25th August

 

NIFTY ANALYSIS

 OPEN:  11,412 HIGH: 11,497.3
LOW:  11,410.6 CLOSE: 11,473.6
LOWER RANGE:  11,380 UPPER RANGE: 11,500

The NIFTY consolidation is over. As discussed yesterday, NIFTY was able to hold its gain and stayed above 11,400

NIFTY FORECAST

NIFTY has provided a breakout after a gap up opening. It has provided a decent gain and hold the price above 11,400. Now the upper limit is 11,500 and lower limit 11,380.

STOCK ANALYSIS

Stocks to add to the watchlist.

CompanyOpenHighLowCloseMon %Gain / LossFri % Gain/ Loss
BHARTIARTL517.9532.4508.25312.07-1.01
DABUR492.3495.45486.55490.1-0.38-0.13
TCS2250.62259.322302246-0.12-0.19

STOCK RECOMMENDATION

Stocks Recommended if the price breaks above.

 CompanyPriceRecommendation
BHARTIARTL530Buy Above this price

 

About Soumen Sadhukhan 89 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