Nifty Prediction : Trade with Patience | Market may try to hold levels
Daily Forecast – Share Market – September 24th, 2021
Trade with Patience | Market may try to hold levels
Moon, Mars with Sun are controlling the day, well supported by Venus, Saturn (retrograde) and Jupiter again retrograde. Lord of foreign lands is combusted, even then indications are decent from US or other areas. It will be better to note down the Nifty’s Point around 10:37 Hrs (IST) on 27-09-2021, because the same may be repeated before middle of October 2021. From Monday, lord of the share market will start transiting retrograde (reversal movements for us).
I will prefer to prepare for selling on the upper levels or little bit slow buying in comparison to previous working day, possibly because lord of share market has started reducing its speed for us, which may give slightly lower pace in the market. It will be better to watch and move.
Remember, we are going for weekend closing today, so, trade wisely for the coming period. I also agree that liquidity is decent in the market. Keep a watch on FIIs and DIIs.
Globally, situation for renewable energy is improving in coming period. India’s point of view will be better to look forward for renewable energy, solar, EVs, other resources like Ethanol etc. Products like Ethanol may give advantage to sugar industries and farming (sugar cane etc.) related areas.
Movements in IT, communication, space, logistics, entertainment, travel and related segments, e-commerce, automobile, metals, automobile ancillaries, tyres, bicycles, sports related segments, including sportswear, FMCG, leaf-based products, coffee, leather, paper, sugar, agriculture and related segments like tractor etc. Fertilizer, Pharmacy, and many more segments like insurance, electrical and electronics etc.
Enjoy the trade with patience.
Indian Rupee may trade in between 73.30 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.
Categories: Share Market