Market Analysis & Forecast for 29th September

 

NIFTY ANALYSIS

 OPEN:  11,140.85 HIGH: 11,239.35
LOW:  11,099.85 CLOSE: 11,227.55
LOWER RANGE:  10,980 UPPER RANGE: 11,260

NIFTY is in bounce-back mode after falling over 4% over the last week. FII started buying the stocks.

NIFTY FORECAST

NIFTY broke the high range guideline and provided over 100 points rally. The lower range is 10,980 and the upper range is 11,260.

 

STOCK ANALYSIS

Stocks to add to the watchlist.

CompanyOpenHighLowCloseMon %Gain / LossFri % Gain/ Loss
CIPLA772.1778755.67730.385
TECHM779.35784.4772778.90.852.73
AUROPHARMA779.8803.9768800.73.73.81

STOCK RECOMMENDATION

Stocks Recommended if the price breaks above. All the stocks were opened below so entry didn’t come.

 CompanyPriceRecommendation
CIPLA754Buy Above this price
TECHM778Buy Above this price

 

About Soumen Sadhukhan 89 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