Daily Forecast – Share Market – February 18th, 2021

Buying from lower levels Possible | Range of Nifty may be 15100 to 15300

Moon with Mars is leading the day, well supported by Sun, Venus and Mercury. Lord of foreign is strong and importantly, placed in the own house, with Moon. Chances of global/FIIs influence can be seen during the day, local issues may not as strong as it should have been. Indications are that market may show some buying from the lower levels.

Gold may see pressure during the coming period. Crude is rising, which may be cause of concern for us.

Because of Expiry day, importance of IT, communication, Logistics (this may be affected due to rising of fuel cost or cost of running), oil exploring companies, pressure on oil marketing companies, demand of crude has gone up. Automobile tyre, batteries for long run, dairy products, leaf-based segments, banks selected, two wheeler segments automobile and Cycle manufacturer, synthetic products, Pharmacy, health care, health insurance or General insurance, infrastructure, cement, paints, and many more may be seen in the action.

Trade may be in between 15100 to 15300.

Indian Currency

Indian Rupee may trade in between 72.60 to 73.40 per USD.

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