Market Analysis & Forecast for 29th October



 OPEN:  11,922.60 HIGH: 11,929.40
LOW:  11,684.85 CLOSE: 11,729.60
LOWER RANGE:  11,650 UPPER RANGE: 11,760

NIFTY could not hold the 11,900 level and after opening that level it has fallen by 1.3%. Holding the 11,800 level is now important for the next bull movement.


After recovery, NIFTY could not hold the level. The lower range is 11,650 and the upper range is 11,760. If NIFTY breaks above 11,760 and hold the 11,800 level then the next resistance is 11,900. If breaks below next support are 11,500


Stocks to add to the watchlist.

CompanyOpenHighLowCloseWed %Gain / LossTue % Gain/ Loss


The revised entry price of the stocks provided. DMART has already made 6.5% from the first entry point. People could book partial profit.

DMART2110Buy Above this price
MINDTREE1360Buy Above this price
RELIANCE2040Buy Above this price
SYNGENE560Buy 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