Market Analysis & Forecast for 15th September

 

NIFTY ANALYSIS

 OPEN:  11,540.1 HIGH: 11,568.9
LOW:  11,383.5 CLOSE: 11,440.05
LOWER RANGE:  11,365 UPPER RANGE: 11,490

NIFTY has GAP up opening but could not hold the day’s gain. In the second session, we have witnessed heavy selling pressure and NIFTY came down to 11,440

NIFTY FORECAST

NIFTY tried to break its range but could not hold the move by the bear and had a fall. NIFTY upper range is 11,490 and the lower range is 11,365.

STOCK ANALYSIS

Stocks to add to the watchlist.

CompanyOpenHighLowCloseMon %Gain / LossFri % Gain/ Loss
CIPLA729730.25717.75721.6-0.6-0.12
ICICIBANK373.5373.85359.35363.7-1.84-0.05
ITC185.8185.8183183.35-0.33-0.51

STOCK RECOMMENDATION

Stocks Recommended if the price breaks above.

 CompanyPriceRecommendation
CIPLA732Buy Above this price
ITC187Buy Above this price

 

About Soumen Sadhukhan 58 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