Market Analysis & Forecast for 2nd November



 OPEN:  11,678.45 HIGH: 11,748.95
LOW:  11,535.45 CLOSE: 11,642.40
LOWER RANGE:  11,500 UPPER RANGE: 11,670

NIFTY broke the lower range and traded below its 2 days high. Nifty trend is negative.


NIFTY continuously trading around its lower range. It has trying to test support at 11,500. Once support is broken we will see a down trend. Its upper range is 11,670. For upper trend nifty has to stay above 11,700


Stocks to add to the watchlist.

CompanyOpenHighLowCloseFri %Gain / LossThu % Gain/ Loss


The revised entry price of the stocks provided. 1st Target of DMAR has been met.

DMART2110Buy Above this price
MINDTREE1350Buy 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