Posted On: August 22, 2022

23 Aug 2022 India premarket research report

Forecast

On 23 Aug 2022, we forecast the Nifty to be range bound between 17,190 on lower end and 17,450 on higher end and likely to close around 17,450.

Outlook for next 5 days: Nifty is likely to be volatile in the range of 16,820 and 17,700. We will revise this outlook everyday.

Yesterday’s forecast vs actual

In line with our forecast, 22 Aug saw Nifty at a low of 17,467.35 and high of 17,690.05.
Nifty closed at 17,490.70 loosing 1.51% over previous close

Further details

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