Posted On: September 16, 2022

16 Sept 2022 India premarket research report

Forecast

On 16 Sept 2022, we forecast the Nifty to be range bound between 17,770 on lower end and 18,090 on higher end and likely to close around 17,840.

Outlook for next 5 days: Nifty is likely to be volatile in the range of 17,730 and 18,300. We will revise this outlook everyday.

Yesterday’s forecast vs actual

In line with our forecast 15 Sept saw Nifty at a low of 17,861.50 and high of 18,096.15.
Nifty closed at 17,877.40 losing 0.70% over previous close.

Further details

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