Market Analysis & Forecast for 2nd September

 

NIFTY ANALYSIS

 OPEN:  11,464.3 HIGH: 11,553.5
LOW:  11,366.9 CLOSE: 11,470.3
LOWER RANGE:  11,330 UPPER RANGE: 11,530

NIFTY has recovered from its support. After gaining NIFTY has again fallen in the last trading session. Swing up and swing down both observed in the whole day

NIFTY FORECAST

NIFTY has a nice rally and recovered. Now the upper range is 11,530 and the lower range is 11,330. Wide range of 200 points. Breaking either side will move market in that direction.

STOCK ANALYSIS

Stocks to add to the watchlist.

CompanyOpenHighLowCloseTue %Gain / LossMon % Gain/ Loss
AXISBANK495.05503.35479.65482.6-2.85-2.45
CIPLA713.55735.55712.1733.452.79-4.68
ICICIBANK394.7399.6385.3387-1.93-3.69
TECHM739752.5726.15727.35-1.84-1.51

STOCK RECOMMENDATION

Stocks Recommended if the price breaks above.

 CompanyPriceRecommendation
ICICIBANK395Buy 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