Market Analysis & Forecast for 30th September

 

NIFTY ANALYSIS

 OPEN:  11,288.6 HIGH: 11,305.4
LOW:  11,181 CLOSE: 11,225
LOWER RANGE:  11,150 UPPER RANGE: 11,260

NIFTY managed to hold 11,200 support. Now if it breaks 11,260 we will see movement on the upside.

NIFTY FORECAST

NIFTY has recovered from the downfall and now the range is very narrow.  If it breaks 11,150 we will see a downtrend till 11,000 and if breaks 11,260 we will see uptrend till 11,600

 

STOCK ANALYSIS

Stocks to add to the watchlist.

CompanyOpenHighLowCloseTue %Gain / LossMon % Gain/ Loss
CIPLA777.6786759.05760.3-1.640.38
TECHM785790764.1764.85-1.80.85
AUROPHARMA805808.9790.35796.6-0.513.7

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 69 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