Market Analysis & Forecast for 20th October



 OPEN:  11,879.20 HIGH: 11,898.25
LOW:  11,820.40 CLOSE: 11,873.05
LOWER RANGE:  11,780 UPPER RANGE: 11,900

NIFTY fall due to profit-booking is over and the market started taking momentum.  The market opened on a positive note and it remains positive.


NIFTY bull period again started and possibly we will see NIFTY resting at 12,200. The lower range is 11,780 and the upper range is 11,900. NIFTY has to break and stay above 11,900 for a bullish move.


Stocks to add to the watchlist.

CompanyOpenHighLowCloseMon %Gain / LossFri % Gain/ Loss


Before closing of the market if the price is above below recommendation price you can buy the stocks for a target of 10%. Entry price will vary every day. Please check the report for any change in the entry price. DMART buy has triggered.

DMART2010Buy Above this price
MINDTREE1350Buy Above this price
RELIANCE2210Buy Above this price
SYNGENE580Buy 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