Daily Forecast – Share Market – March 1st, 2021

Gap-up Opening Possible | Volatility not surprising

Moon with Sun and Rahu leads the day, well supported by Mercury. Indications are wave like situation. I will prefer to look for sell on rise and buy on dip. On date, market may show some rise, although foreign cues/FIIs are not indicating anything decent.

Nifty may give strong opening, or in other words we can say gap-up opening. But it will be better to look for the base of at least 100 points of Nifty from closing value of 26-02-2021. So, stop-loss of 14450 will be better. Nifty may gap-up opening. Because Rahu can give wave like movements, same is with Moon (High tide like situation). Wait for the settling down of market in coming days or let the market settle down. Volatility is possible.

IT, communication, logistics, sugar, alcohol, spirit, leaf-based segments, web, OTT entertainment, communication instruments, and many more.

Indirectly, entire horoscope and all the planets are active, so movements in all the areas can be seen during the day, inclusive of banks and financial institutions.

Trade with the wind. Enjoy the trade with strict stop-loss of 14450 in Nifty.

Indian Currency

Indian Rupee may trade in between 72.40 to 73.10 per USD.

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