Market Analysis & Forecast for 26th August

 

NIFTY ANALYSIS

 OPEN:  11,513.1 HIGH: 11,525.9
LOW:  11,423.4 CLOSE: 11,479.8
LOWER RANGE:  11,400 UPPER RANGE: 11,500

NIFTY after a gap up opening made it’s new high 11,525 and due to profit booking and short-covering came down and closed around 11,479.

NIFTY FORECAST

NIFTY has started an upward journey. Every day it is making a new higher high. The upper limit is 11,500 and the lower limit is 11,400

STOCK ANALYSIS

Stocks to add to the watchlist.

CompanyOpenHighLowCloseMon %Gain / LossFri % Gain/ Loss
BHARTIARTL534.5535.65526528.650.331.28
DABUR492.95494486.34940.71-0.29
JSWSTEEL286.55287.25280.15284.9-0.31.37

STOCK RECOMMENDATION

Stocks Recommended if the price breaks above.

 CompanyPriceRecommendation
BHARTIARTL530Buy 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