Daily Forecast – Share Market – February 22nd, 2018

Nifty Looking for 10830 | Market looking for direction

Sun and Jupiter are in better position with Moon, Rahu, Jupiter, Ketu and Venus. Many planets are active. I feel that market has some planetary support. Only doubt is for Rahu Ketu combination, which can give sudden turn and twist to the market at any time. But Nifty may try to hold and consolidate base. Profit booking on upper levels not surprising.

Movements and action can be seen in Banks, financial institutions, reality, infrastructure, power, metals, petroleum, insurance, vehicles, automobile ancillary, automobile tyres, cement, paint, tiles, sanitary, rubber material, solvents, chemicals and related segments (either side – suddenly).

Alcohol, spirit, non-traditional segments, cotton, communication and entertainment instruments, electrical and electronics, silk, FMCG with coffee may show some movements.

Indian Rupee may trade in between 70.60 to 71.60 per USD.

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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.