Daily Forecast – Share Market – February 19th, 2021

Nifty may test 15000 | Wait before fresh buying

Moon with Sun and Mars is leading the day, well supported by Moon + Rahu. Foreign cues may be trying to give some impact on the market but buying from lower levels for a while is possible. In case Nifty tests 15000, will not be surprising for me. Even then recovery from lower levels possible.

COVID cases in India (certain areas) are increasing and return of Lockdown may be cause of concern for the coming days. Mars will be moving in with Rahu, in the ascendant of horoscope of India’s horoscope. This may give some impact on various areas.

Activities in the areas related to IT, communication, logistics, Petroleum refinery segment, banks and financial institutions, infrastructure, power, real estate, cement, Paint, automobile, automobile tyres, entertainment, wine, spirit, laboratories, testing related instruments, electronic gadgets manufacturing, and many more segments may remain active on either side.

Opportunities for good equities also possible, but it will be better to wait for a while.

Nifty Looking to test 15000, at least once buying from lower levels not surprising.

Indian Currency

Indian Rupee may trade in between 72.50 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.