Posted On: October 11, 2022

12 Oct 2022 India PRE market research report

Forecast

On 12 Oct 2022, we forecast the Nifty to be range bound between 16,830 on lower end and 17,100 on higher end and likely to close around 17,020.

Outlook for next 5 days: Nifty is likely to be volatile in the range of 16,490 and 17,690. We will revise this outlook everyday.

Yesterday’s forecast vs actual

In line with our forecast, on 11 Oct Nifty was at a low of 16,950.30 and high of 17,261.80.
Nifty closed at 16,983.55 losing 1.49% over previous close.

For more details

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