Nifty Prediction : Nifty Looking for 15000+ | Buy on dip for a while
Daily Forecast – Share Market – February 25th, 2021
Nifty Looking for 15000+ | Buy on dip for a while
Moon with Mercury is holding the key for the day, well supported by Saturn, Mars, Rahu and Sun. Previous working day, Rahu has played its role and sudden news related to technical fault in NSE business. News from agency had played big game.
Monthly and weekly expiry, after previous day’s glitch in the NSE market.
Anyways, news from foreign market will be playing another role and market may try to hold levels of 15000 in Nifty. Banks and financial institutions with IT, communication, defence etc, may give some news for the market.
News and indications from Government is that PSUs may move towards Private sector. This may be point of advantage in the market. Crude is causing concern. INR may hold its levels. Hospitals (Private) have got the permission to give vaccine from March 1st, 2021. Customer (Persons) have to pay for the same.
Globally mood is decent. Local market may give positive moves, may be well supported by banking and financial. Buy on dips will be better.
Banks, financial institution, coal, metals, automobile, IT, sugar, leather, textiles, Automobile tyres, communication, Optic fibre, sea related, Hospital, Pharmacy, resorts, logistics, storage, and travel equipment etc. may be doing better.
Keep a watch on news from agencies/government/judiciary etc.
Nifty may look for 15000. Closing may be on better side.
Indian Rupee may trade in between 72.20 to 73.00 per USD.
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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
Categories: Share Market