Daily Forecast – Share Market – September 22nd, 2021

Buying opportunities (for short term) | Liquidity flow decent

Sun, Moon with Mars are leading the day, well supported by Saturn (Rx), Rahu and Mercury (lowering down speed for us). Impact from foreign trade/geo-political issues, impact of Fed meet may again play important role for the global market, which may give some impact on our market also.

Anyways, planetary movement is not supporting much to our market, because lord of the share market is moving out of own house for few days, then again with retrograde movements will come back to own house as a fallen planet. It means, on date market may be close to previous closings or not many movements. Remember Rahu is transiting in India’s Lagna, means may give sudden moves at any point of time on either side.

Financial institutions have gone for some buying (not in cash market). Cashflow in the market is maintained by casual or non-professional traders through financial institutions or their self-losing efforts (going for self-goal).

Keep a watch on mid-caps, bakery, fast food, e-delivery chains for food, e-commerce, developers (reality), IT, communication, defence, space and internet related companies including router and like wise manufacturer, cables, EV related all companies (engine and other ancillary manufacturer) Generator and pump engines etc. may remain active for the period. It will be better to keep a watch on dairy, automobile tyres, many more segments like leather, textiles, paper, chemicals, coal, metals and likewise areas may also give some better emotions to the market.

Overall scenario is not bad for the market. Look for opportunities.

Indian Currency

Indian Rupee may trade in between 73.00 to 73.80 per USD.

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