Posted On: September 29, 2022

30 Sept 2022 India premarket research report

Forecast

On 30 Sept 2022, we forecast the Nifty to be range bound between 16,670 on lower end and 17,180 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 16,400 and 17,500. We will revise this outlook everyday.

Yesterday’s forecast vs actual

In line with our forecast, 29 Sept saw Nifty at a low of 16,788.60 and high of 17,026.60.
Nifty closed at 16,818.10 loosing 0.24% over previous close.

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