Posted On: October 4, 2022

4 Oct 2022 India premarket research report

Forecast

On 4 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 16,450 and 17,750. We will revise this outlook everyday.

Yesterday’s forecast vs actual

In line with our forecast, 3 Oct saw Nifty at a low of 16,855.55 and high of 17,114.65.
Nifty closed at 16,878.10 losing 1.21% over previous close.

For more details

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