Posted On: October 5, 2022

6 Oct 2022 India premarket research report

Forecast

On 6 Oct 2022, we forecast the Nifty to be range bound between 17,260 on lower end and 17,450 on higher end and likely to close around 17,350.

Outlook for next 5 days: Nifty is likely to be volatile in the range of 16,590 and 17,790. We will revise this outlook everyday.

Yesterday’s forecast vs actual

In line with our forecast, 4 Oct saw Nifty at a low of 17,117.30 and high of 17,287.39.
Nifty closed at 17,274.30 gaining 2.29% over previous close.

For more details

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