Posted On: May 24, 2022

24 May 2022 – India Premarket research report

Nifty movement:

In line with our forecast, 23 May saw Nifty at a high of 16,349.50 and
low of 16,207.25 and closed at 16,237.05. Compared to yesterday, Nifty lost 0.18% that is 29.1 points

On 24 May 2022, we forecast the Nifty to be range bound between 16,190 and 16,600

Bullish and Bearish sectors:

We forecast the following sectors to be Bullish,
Basic Materials,
Consumer Cyclical,
Consumer Defensive,
Financial services,
Industrials and
Utilities.

Actionable intelligence:

xCalData provides timely inputs at affordable price. xCalData publishes its research by 7 AM IST everyday.

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