Market Analysis & Forecast for 10th September

September 10, 2020 Soumen Sadhukhan Markets 0

 

NIFTY ANALYSIS

 OPEN:  11,218.6 HIGH: 11,298.1
LOW:  11,185.1 CLOSE: 11,278
LOWER RANGE:  11,150 UPPER RANGE: 11,320

NIFTY has a gap down opening and it has recovered almost 100 points in the second session.NIFTY is in recovery mood.

NIFTY FORECAST

NIFTY upper range 11,320. Once this range is broken we will see uptrend till 11,600 and the lower range is 11,150. Once this range is broken we will see support at 10,900

STOCK ANALYSIS

Stocks to add to the watchlist.

CompanyOpenHighLowCloseWed %Gain / LossTue % Gain/ Loss
AXISBANK439.9443.35425431.25-2.95-3.13
HDFC1759.551777.917551760.75-0.93-0.77
HINDUNILVR21222144.221102132.25-0.47-0.94

STOCK RECOMMENDATION

Stocks Recommended if the price breaks above.

 CompanyPriceRecommendation
AXISBANK445Buy Above this price
HDFC1778Buy Above this price

 

About Soumen Sadhukhan 126 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

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