Nifty Prediction : Nifty may try to hold levels | Buy on dips | Nifty – look for 18500 shortly

Daily Forecast – Share Market – January 18th, 2022

Nifty may try to hold levels | Buy on dips | Nifty – look for 18500 shortly

Sun, Moon, with Saturn are leading the day, well supported by Ketu, Rahu, and Venus. Only Jupiter is not active, indications from global cues may remain, positive. Indications from DIIs or FIIs may not be supportive.

Still, market may look for 18500 in coming days. Or it will be better to say that Nifty may try to hold close to the current period, so that, may look for 18500 in short period. Budget session is close, which influence the market in coming period.

So, I will prefer to buy on dip for the period. Remember market may retouch the closing values of 14-01-2022 before 04-02-2022.

I may look forward for IT, communication, alcohol, spirit, textiles, leather, space, infrastructure, electronics, electricals, FMCG, financial institutions, metals, agriculture, automobiles, share market related organizations (like brokers etc.), software, web-based organisations, defence, agriculture related segments, power, automobiles, EVs related segments, chemicals, healthcare, pharmaceuticals, pathology laboratories etc.

Nifty may try to hold the levels and look forward for 18500. Banks may look for better levels. Buy on dips will be better.

Indian Currency

Indian Rupee may trade in between 74.00 to 74.80 per USD.

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

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