Posted On: August 28, 2022

29 Aug 2022 India premarket research report

29 Aug 2022 India premarket research report MicrosoftTeams image 357

Forecast

On 29 Aug 2022, we forecast the Nifty to be range bound between 17,370 on lower end and 17,800 on higher end and likely to close around 17,380.

Outlook for next 5 days: Nifty is likely to be volatile in the range of 17,350 and 17,950. We will revise this outlook everyday.

Yesterday’s forecast vs actual

In line with our forecast, 26 Aug saw Nifty at a low of 17,519.35 and high of 17,685.85.
Nifty closed at 17,558.90 gaining 0.21% over previous close.

Further details

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