Market Analysis & Forecast for 8th December

 

NIFTY ANALYSIS

 OPEN:  13,264.85 HIGH: 13,366.65
LOW:  13,241.95 CLOSE: 13,355.75
LOWER RANGE:  13,200 UPPER RANGE: 13,400

NIFTY has broken its upper limit and kept its uptrend move. Morning session it was waiting for the direction then broke the upper limit.

NIFTY FORECAST

NIFTY is in a bullish trend. The lower limit is 13,200 and the upper limit is 13,400. If nifty breaks 13,400, it will go up to 13,600. NIFTY next resistance is 13,600 and support at 12,800

STOCK ANALYSIS

Stocks to add to the watchlist.

CompanyOpenHighLowCloseMon %Gain / LossFri % Gain/ Loss
CIPLA766.95782.5766773.30.830.63
TECHM915.5950.859149422.050.87
AUROPHARMA902923.4897.19101.040.28

STOCK RECOMMENDATION

 CompanyPriceRecommendation
CIPLA770Buy Above this price
TECHM952Buy Above this price
AUROPHARMA910Buy Above this price

 

About Soumen Sadhukhan 103 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