Thursday, October 25, 2018

Stock Market / Nifty predictions / Stocks to buy for Oct 26, 2018

Today market opened at 10135. Made high of 10166, low of 10079 and closed at 10124

Today at around 11 am, I informed in whatsapp groups and on my blog that they will try to maintain Nifty at around 10,100 due to expiry and they did it successfully. Otherwise Nifty may have moved above 10,200

And my prediction was correct.

Now what about tomorrow?

Tomorrow on Oct 26, 2018

Nifty may go down upto 10,100 approximate

On higher side it can move upto 10,280-10300  approximate

Lower support zone is 10,100-10080, below that support is at 10,040 and on upper side resistance near 10,300

Nifty may remain range bound in 10180 to 10250 area for quite some time

All levels are approximate

This analysis is based on technical charts and data hence any manipulation or news can override this.

Today I have not analysed new stocks to watch so I will accumulate previously mentioned stocks on dips like ITC, Bajaj Finance, Maruti and more

Brent crude is $76.58

USD-Rupee - Rs.73.23






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