Posted On: August 11, 2022

11 Aug 2022 India premarket research report

11 Aug 2022 India premarket research report MicrosoftTeams image 298

Forecast

On 11 Aug 2022, we forecast the Nifty to be range bound between 17,290 on lower end and 17,820 on higher end and likely to close around 17,560.

Outlook for next 5 days: Nifty is likely to be volatile in the range of 16,970 and 18,400. We will revise this outlook everyday.

Yesterday’s forecast vs actual

In line with our forecast, 10 Aug saw Nifty at a low of 17,364.05 and high of 17,892.90.
Nifty closed at 17,534.75 gaining 0.06% over previous close.

Further details

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