Daily Nifty Probability for 28-July-2023
Daily Nifty Probability for 28-July-2023
This is daily prediction on whether Spot Nifty will close higher or lower compared to previous day close.
Previous day review : Although there was high probability of Nifty closing higher (58%) compared to previous day close of 19778.3. Although market opened higher but closed lower -0.60% compared to previous day close.
On 27-July-2023 Nifty closed at 19659.9
There are 366 days in Historical price data that has pattern similar to that of previous day close.
186 days had positive close compared to the previous day close. The average positive close has been 0.86%, minimum 0.004% and maximum 4.51%. Probability of positive close is 50.81%
180 days had negative close compared to the previous day close. The average negative close has been -1.19%, minimum -0.01% and maximum -13.86%. Probability of negative close is 49.19%
Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. This post is for information purpose only. The higher probability percentage or ranking does not guarantee the actual outcome to be matching with that of predicted outcome.
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