Market Analysis & Forecast for 27th August

 

NIFTY ANALYSIS

 OPEN:  11,512.9 HIGH: 11,561.8
LOW:  11,461.9 CLOSE: 11,549.6
LOWER RANGE:  11,430 UPPER RANGE: 11,600

NIFTY is in bullish trend and made his new high. The next resistance is 11,600. Multiple stocks has positive return that has pulled the index up.

NIFTY FORECAST

NIFTY has started an upward journey. NIFTY new upper range is 11,600 and down side support is 11,430.

STOCK ANALYSIS

Stocks to add to the watchlist.

CompanyOpenHighLowCloseWed %Gain / LossTue % Gain/ Loss
BHARTIARTL528.4528.4512514.50.331.28
DABUR496502492.15495.950.3-0.29
JSWSTEEL285.5286.85283.15286.2-0.31.37

STOCK RECOMMENDATION

Stocks Recommended if the price breaks above.

 CompanyPriceRecommendation
BHARTIARTL530Buy 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