Daily Forecast – Share Market – May 20th, 2021

Nifty again look to hold 15000 | Look for Opportunities

Moon with Mars is leading the day, well supported by Ketu, Saturn, Jupiter and Sun. Importantly, Saturn is slowing down its speed for us, because from 23-05-2021 (Sunday), this planet will start transiting retrograde. Impacts can be seen from next week. Normally, retrograde Saturn gives an opportunity to accept and realize our mistakes, learn from them, and not repeat in future. Otherwise, Judicious Saturn will not delay in justice (in favour or against, as we are facing now in shape of Pandemic).

Since, this Saturn is transiting in the house of religion, judiciary and elderly persons etc., so we must understand our mistakes done in related areas, otherwise justice will be done be dandadhikari Saturn.

Market is not in a position to give us proper direction, but still Nifty is looking to hold 15000. Foreign cues are not supportive, COVID cases are indicating some check, rural figures will be important. Saturn is indicating for crops, justice for the deeds of farmers, nation is also expected (Negative or positive – deeds will decide, not required to explain)

Automobile tyres, batteries, logistics, IT, internet related entertainment, Petroleum and Petroleum products may be interesting with chemicals, banks and financial institutions (keep a watch on large banks), germs (biotechnology based), pesticides, fertilizers, Pharmaceuticals, defence, storage or containers will be important. Keep a watch on electronics, electrical, communication instruments, and many more segment with insurance and laboratories will be interesting.

Trade to look for opportunities. FIIs not supportive (possibly). Market may show volatility, even then chances of rise better.

Indian Currency

Indian Rupee may trade in between 73.0 to 74.00 per USD.

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