Posted On: August 18, 2022

19 Aug 2022 India premarket research report

19 Aug 2022 India premarket research report MicrosoftTeams image 301

Forecast

On 19 Aug 2022, we forecast the Nifty to be range bound between 17,660 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 17,350 and 18,650. We will revise this outlook everyday.

Yesterday’s forecast vs actual

In line with our forecast, 18 Aug saw Nifty at a low of 17,852.05 and high of 17,968.45.
Nifty closed at 17,965.20 gaining 0.12% over previous close.

Further details

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