Market report
Posted On: August 13, 2022
16 Aug 2022 India premarket research report
Forecast
On 16 Aug 2022, we forecast the Nifty to be range bound between 17,330 on lower end and 17,850 on higher end and likely to close around 17,590.
Outlook for next 5 days: Nifty is likely to be volatile in the range of 17,080 and 18,100. We will revise this outlook everyday.
Yesterday’s forecast vs actual
In line with our forecast, 11 Aug saw Nifty at a low of 17,597.85 and high of 17,724.65.
Nifty closed at 17,698.15 gaining 0.22% over previous close.
Further details
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