Nifty Prediction : Emotions seems from Foreign cues better Supporting opening | Allow market to settle
Daily Forecast – Share Market – November 24th, 2021
Emotions seems from Foreign cues better Supporting opening | Allow market to settle
Saturn with Jupiter is leading the day, well supported by Mars, Moon, Sun and Venus. Lord of share market is within one navmansha distance from Sun, heading for total combustion, hence unable to give its support, but global cues, and agencies and government/official news may give some impact on the market – possibly on cash market also.
Market may show some rise from previous levels. Keep a watch on Global news also.
Now, on upper levels, as and when required book profits. But other planets are supportive but lord of banks and share market is close to total combustion. If you have Virgo and Gemini sign, it will be better to trade with care for a while, although Jupiter will be supportive for these signs.
Tomorrow is expiry day. Keep a watch on FIIs also.
Keep a watch news from government on Alternate currency.
Allow market to settle down after opening of market, which may give way of trading for the day. Market may try to look for 17600, but be prepared to book profits on upper levels as and when required.
Areas related to petroleum, research, alternate currency, pharmaceuticals, engineering, IT, communication, power, leather, sugar, alcohol, power, alternate energy, EVs based companies, lithium batteries, chemicals, coffee, Tea, leaf-based and others areas may remain active, electrical and electronics, automobile ancillaries, agriculture related areas and automobile may remain active.
Others may also show action.
Allow market to settle down in the beginning. Global cues may give support along with news from agencies/government etc.
Indian Rupee may trade in between 73.80 to 74.60 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