Posted On: July 28, 2022

28 July 2022 India premarket research report

Nifty Forecast for 28 July and next 5 days

Forecast

On 28 Jul 2022, we forecast the Nifty to be range bound between 16,490 on lower end and 16,950 on higher end and likely to close around 16,750.

Outlook for next 5 days: Nifty is likely to be volatile in the range of 15,800 and 17,200. We will revise this outlook everyday.

Yesterday’s forecast vs actual

In line with our forecast, 27 Jul saw Nifty at a low of 16,438.75 and high of 16,653.45.
Nifty closed at 16,641.80 gaining 0.96% over previous close.

Further details

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