Market Analysis & Forecast for 3rd September

 

NIFTY ANALYSIS

 OPEN:  11,478.5 HIGH: 11,554.8
LOW:  11,430.4 CLOSE: 11,535
LOWER RANGE:  11,400 UPPER RANGE: 11,570

NIFTY has recovered completely. The lower range shifted from 11,330 to 11,400.

NIFTY FORECAST

NIFTY started taking momentum and bull is controlling the market. Today the market can be flat or sideways. For the further rally, NIFTY has to break 11,570 upper sides. If breaks below 11,400 we will see downfall till 11,200

STOCK ANALYSIS

Stocks to add to the watchlist.

CompanyOpenHighLowCloseWed %Gain / LossTue % Gain/ Loss
AXISBANK487487.95472.1484.4-0.27-2.22
CIPLA739.95748.5729.2738.250.233.22
ICICIBANK387.25394381.1392.40.37-0.92
TECHM730.15745.75728.15735.21.01-1.77

STOCK RECOMMENDATION

Stocks Recommended if the price breaks above.

 CompanyPriceRecommendation
ICICIBANK395Buy Above this price

 

About Soumen Sadhukhan 57 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