Posted On: August 17, 2022

18 Aug 2022 India premarket research report

Forecast

On 17 Aug 2022, we forecast the Nifty to be range bound between 17,680 on lower end and 18,200 on higher end and likely to close around 17,945.

Outlook for next 5 days: Nifty is likely to be volatile in the
range of 17,480 and 18,500. We will revise this outlook everyday.

Yesterday’s forecast vs actual

In line with our forecast, 17 Aug saw Nifty at a low of 17,833.35 and high of 17,965.95.
Nifty closed at 17,944.25 gaining 0.67% over previous close.

Further details

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