Market Analysis & Forecast for 24th September

 

NIFTY ANALYSIS

 OPEN:  11,258.8 HIGH: 11,259.5
LOW:  11,024.4 CLOSE: 11,131.85
LOWER RANGE:  10,990 UPPER RANGE: 11,200

NIFTY again had a fall. It could not broke the lower range and 3rd session it did a recovery well. There is no clear direction for the market.

NIFTY FORECAST

NIFTY trading within a very narrow range. It has to break 11,200 and hold that level then again we will see up trend till 11,500

STOCK ANALYSIS

Stocks to add to the watchlist.

CompanyOpenHighLowCloseWed %Gain / LossTue % Gain/ Loss
CIPLA783.95784761.8767.4-1.321.24
DABUR495.05495.85484.35485.75-1.290.29
TECHM812.45812.45783.1793.05-0.921.68

STOCK RECOMMENDATION

Stocks Recommended if the price breaks above.

 CompanyPriceRecommendation
CIPLA754Buy Above this price
DABUR495Buy Above this price

 

About Soumen Sadhukhan 109 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