Posted On: October 2, 2022

3 Oct 2022 India premarket research report

Forecast

On 3 Oct 2022, we forecast the Nifty to be range bound between 16,990 on lower end and 17,400 on higher end and likely to close around 17,150.

Outlook for next 5 days: Nifty is likely to be volatile in the range of 16,400 and 17,500. We will revise this outlook everyday.

Yesterday’s forecast vs actual

In line with our forecast, 30 Sept saw Nifty at a low of 16,788.60 and high of 17,187.10.
Nifty closed at 17,094.35 gaining 1.64% over previous close.

For more details

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