Daily Forecast – Share Market – January 12th, 2022

Nifty looking better for 18200 or so | IT interesting

Sun, Moon with Venus are leading the day, well supported by Mercury, Saturn and Rahu. I agree that Venus is retrograde but has come out of total combustion status. Indications are that market may again behave positively. This is also fact that foreign cues may be better, but it will be better to focus on local facts.

Rahu may give sudden moves or rise in the market with the support of other planets and indicting that entire horoscope is active despite all the planets are in the axis of Rahu/Ketu. Moon forming very good relationship with lord of banks and finance, textiles, leather, sea related, insurance and agriculture, engineering and many more.

I believe that market may show betterment of the levels. Possibly Nifty may show movements near about 150 points or so.

Communication, IT, banks and financial institutions, alcohol and related segments like spirit and others, textiles, leather, pharmaceuticals, e-commerce, e-entertainment, logistics, automobile tyres, infrastructure, automobile, automobile ancillary, non-traditional and defence, space, web, cement, and reality related materials, leaf based, rubber, Tea, coffee and many more like healthcare and insurance etc. may be seen in action. Engineering, agriculture, paper and many more like alcohol, electrical and electronics etc.

Nifty may plan for 18200 in coming period is quite possible, Rahu may give sudden moves on either side, so stop-loss is better despite of better movements.

Indian Currency

Indian Rupee may trade in between 73.50 to 74.30 per USD.

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