Posted On: July 12, 2022

12 July 2022 India premarket research report

Forecast

On 12th Jul 2022, we forecast the Nifty to be range bound between 15,630 on lower end and 16,250 on higher end and likely to close around 16,150.

Outlook for next 5 days: Nifty is likely to be volatile in the range of 15,650 and 16,750. We will revise this outlook everyday.

Yesterday’s forecast vs actual

In line with our forecast, 11th Jul saw Nifty at a low of 16,115.50 and high of 16,248.55.
Nifty closed at 16,216.00 loosing 0.03% over previous close.

Further details

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