Market Analysis & Forecast for 23rd September

 

NIFTY ANALYSIS

 OPEN:  11,301.8 HIGH: 11,301.8
LOW:  11,084.6 CLOSE: 11,153.1
LOWER RANGE:  11,050 UPPER RANGE: 11,200

NIFTY again had a fall. As it has broken the lowe range of 11,190 we have seen a fall of up to 11,084. NIFTY has a small recovery indicating that the fall might have stopped.

NIFTY FORECAST

NIFTY range is crucial now to determine the trend. The lower range is 11,050 and the upper range is 11,200.

STOCK ANALYSIS

Stocks to add to the watchlist.

CompanyOpenHighLowCloseTue %Gain / LossMon % Gain/ Loss
CIPLA777.05787.95755.157781.29-4.73
DABUR492.2494.64804940.67-3.49
TECHM793811772805.852.36-2.16

STOCK RECOMMENDATION

Stocks Recommended if the price breaks above.

 CompanyPriceRecommendation
CIPLA754Buy Above this price
DABUR495Buy 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