Daily Forecast – Share Market – January 13th, 2022

Nifty Looking for 18350 or so | Enjoy with stop-loss

Sun with Moon is leading the day, well supported by Rahu, Saturn, Mercury and Venus. I belie that market is looking positive during the day. Planetary position is comfortable, it seems Nifty may try for another 100 points run.

This is also fact that globally inflation data is on peak or higher side. Even then gains for the market, liquidity in the market is hitting the deck.

INR is also under control in comparison to previous week. Crude is indicating despite of corona and OMICRON, movement in the market is seen. Many companies are still based on work from home basis.

Manufacturing related work force is going to their workplace. Logistics is the key for the period as always. Hence, accordingly market is reacting.

Areas like automobile, power, EV linked automobile companies, non-traditional, alcohol, sugar, by products from sugar like Glycol manufacturer, spirit, textiles, paper, agriculture related automobile and areas, agriculture produces, leaf based, tea, coffee, pharmaceuticals, healthcare, healthcare instruments manufacturer, electronic and electrical, renewable energy and many more segments may show some movements.

Enjoy the day with stop-loss. Market may look for 18350 or so.

Indian Currency

Indian Rupee may trade in between 73.60 to 74.40 per USD.

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